Reliance Industries : Manufacturers Restricted companions with Maison Valentino

MEDIA RELEASE

RELIANCE BRANDS LIMITED PARTNERS WITH MAISON VALENTINO

RBL SIGNS A DISTRIBUTION AGREEMENT WITH MAISON VALENTINO

TO LAUNCH THE BRAND IN INDIA

Mumbai, July 21, 2022: RELIANCE BRANDS LIMITED (RBL) has inked a long-term distribution settlement with Valentino to convey to India probably the most established Italian Maison de Couture.

Via this long-term partnership, RELIANCE BRANDS LIMITED (RBL) will associate with Valentino to open its first boutique in Delhi, adopted by a flagship retailer in Mumbai. The primary retailer is because of open in 2022 by the top of the summer time, with the flagship retailer in Mumbai to comply with within the coming months. The shops will inventory an entire vary throughout womenswear, menswear, footwear, and equipment of the model.

The brand new long-term distribution deal will permit model presence by means of a renewed retailer idea geared towards adapting to the adjustments within the retail market. Experiential design will present clients with a worldwide expertise and a bespoke shopper experiential journey.

“Valentino wants no introduction in India. Based by the legendary Italian dressmaker Valentino Garavani and Giancarlo Giammetti, Valentino has gone by means of impactful artistic evolution underneath the present Inventive Director Pierpaolo Piccioli and CEO Jacopo Venturini heralding the model into modern luxurious whereas leveraging its heritage as probably the most established Italian Maison de Couture,” stated Darshan Mehta, MD of Reliance Manufacturers Restricted. “The model’s infectious romanticism, signature codes and daring use of color has sturdy resonance in India. This partnership will assist make the model extra accessible to its Indian clients and construct a brand new tribe of Valentino connoisseurs.”

“We’re happy to hitch forces with India’s chief in luxurious retail, RELIANCE BRANDS LIMITED (RBL) and proud to work collectively to increase our shared imaginative and prescient and voice on this vital market, rife with new alternatives. The upcoming retailer opening represents a major step in Valentino’s international technique, and we’re honored to be a part of the nation’s rising retail market, permitting the corporate and the Valentino Group to develop in a stable manner, in response to our values and model tradition. As per the brand new enterprise mannequin, we’re leveraging the sturdy relationships between the model, its gross sales drive and the shoppers, hinged on our Couture values – obsession for element, creativity and shopper centricity – that along with human capital and teamwork are on the core of the corporate tradition and the principle drivers of its evolution. We look ahead to bringing Valentino’s famend collections and our one-of-a-kind buyer journey mindset to India,” stated Jacopo Venturini, CEO of Maison Valentino.

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In Delhi, Valentino will open a 162 sqm boutique in DLF Emporio, which can carry Valentino girls’s collections and an edited number of males’s equipment, whereas the Mumbai flagship will carry the entire Valentino universe: an entire vary throughout womenswear, menswear, footwear, and Valentino Garavani equipment of the model that embrace footwear, baggage, small leather-based items, eyewear, scarves, ties, and fragrances. The model is at present current in over 144 areas by means of 212 Valentino immediately operated boutiques and over 1,300 factors of sale.

ABOUT RELIANCE BRANDS LIMITED

RBL is a subsidiary of Reliance Retail Ventures Ltd and started operations in 2007 with a mandate to launch and construct international manufacturers in luxurious to premium segments throughout vogue and way of life. Previously 5 years, RBL has additionally invested in constructing and working homegrown Indian designer manufacturers.

Its present portfolio of name partnerships includes Armani Trade, Bally, Bottega Veneta, Brooks Brothers, Burberry, Canali, Clarks, Coach, Diesel, Dune, EA7, Emporio Armani, Ermenegildo Zegna, G-Star Uncooked, Gasoline, Giorgio Armani, Hamleys, Hugo Boss, Hunkemoller, Iconix, Jimmy Choo, Kate Spade New York, Lenscrafters, Manish Malhotra, Michael Kors, Mothercare, Muji, Paul & Shark, Paul Smith, Pottery Barn, Pottery Barn Youngsters, Raghavendra Rathore, Replay, Salvatore Ferragamo, Satya Paul, Steve Madden, Superdry, Sunglass Hut, Scotch

• Soda, Tiffany & Co., Tod’s, Tory Burch, Tumi, Versace, Villeroy & Boch, Imaginative and prescient Specific, and West Elm. RBL right now operates 1,937 doorways cut up into 732 shops and 1,205 shop-in-shops in India. In 2019, RBL marked its first worldwide foray by buying the British toy retailer, Hamleys. Globally Hamleys has 213 doorways throughout 15 international locations.

ABOUT MAISON VALENTINO

Maison Valentino is synonymous with inclusiveness, uniqueness and creativity; a number one Italian establishment within the vogue and luxurious sector. The corporate, with its signature DNA, is a landmark of Made in Italy on the worldwide scene, probably the most established Italian Maison de Couture with presence in Prêt-à-porter sectors together with Ladies’s, Males’s, Couture collections, and in actions with licensed companions in eyewear and Valentino Magnificence. Jacopo Venturini, CEO from June 2020, and Pierpaolo Piccioli, sole Inventive Director from 2016 are re-signifying the long-lasting codes leveraging Valentino’s unrivalled model heritage within the modern world. Collectively they’re growing and implementing a client-centricity venture based mostly on model’s identification, being probably the most established Italian Maison de Couture. Couture is synonymous with obsessive consideration to element, to high quality, to the significance of creativity and to the private relationship between the client and the corporate. The result’s a strategic imaginative and prescient that places folks at its core, each inside and when it comes to organizational construction, and exterior, shifting the give attention to environmental accountability. The brand new people-centric firm tradition actually can’t be separated from the inexperienced transition began by the corporate years in the past, which Venturini has decisively accelerated. Maison Valentino is current in over 144 areas by means of a strategic distribution community enhanced up to now, which entails greater than 212 immediately operated boutiques positioned in key purchasing areas around the globe and roughly 1,300 factors of sale. Based in 1960 by Valentino Garavani and Giancarlo Giammetti, Valentino S.p.A. is managed by Mayhoola for Investments LLC since 2012. The acquisition allowed for a speedy improvement of the model’s potential, which nonetheless continues right now.

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