Reliance to bring jewellery brand Tiffany & Co to India
Reliance Brands Limited has signed a deal with American jewellery brand Tiffany & Co to launch the latter in the Indian market.
Apart from Tiffany & Co, Reliance Brands has also signed a deal with American lifestyle label Tory Burch. Both the brands are expected to launch at Mumbai’s Jio World Centre mall next year, Economic Times reported citing sources.
Reliance Brands has been rapidly expanding its international portfolio by partnering with several international brands from across the globe.
The company had recently announced its partnership with Italian firm Percassi to launch men's cosmetics brand Womo in the Indian market.
In response to ET’s queries, Reliance Brands said it does not comment on “speculative news”.
"As per our policy on rumors and speculation, we politely decline to comment," said a spokesperson from Tiffany.
Reliance Brands, owned by retail chain Reliance Retail and part of Reliance Industries currently has brand partnerships with nearly 50 brands including Armani Exchange, Brooks Brothers, Burberry, Canali, Coach, and Diesel among many others.
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