Reliance Industries (RIL) has signed a joint venture agreement with Chinese textile firm Shandong Ruyi Science and Technology Group (Ruyi) towards repositioning its textile business and expanding globally. The textile business contributes $300-350 million to RIL’s overall $65-billion annual...
Italian suiting brand manufacturer Georgia Gullini plans to open 100 stores in India in 2013-14 focussing on tier 2 and 3 cities before moving into the metros. According to the company officials, the Italian menswear brand is likely to follow...