Reliance to bring Spain’s Balenciaga to India, Retail News, ET Retail

Davida Erdahl

NEW DELHI: Reliance Brands, a subsidiary of Reliance Industries, which sells luxurious labels like Ermenegildo Zegna, Brooks Brothers, and Bally in India, is sprucing up its luxurious portfolio. Following bringing legendary American jewelry brand Tiffany and Co to India, Reliance has signed up with luxurious trend property Balenciaga to provide the brand to the state, persons acquainted with the issue mentioned.

Spanish brand Balenciaga, now owned by luxurious giant Kering, has not been present in India so considerably. Reliance plans to launch the brand at its upcoming Jio Globe Centre mall in Mumbai, sources mentioned.

E-mails sent to Reliance Brands, Kering and Balenciaga went unanswered until the time of going to press.

Founded in 1895 by Cristobal Balenciaga in the Basque region of Spain, Balenciaga was obtained by Kering in 2001. Aside from Balenciaga, other manufacturers in Kering’s portfolio contain Gucci, Saint Laurent, Bottega Veneta, Alexander Mcqueen, Ulysse Nardin, Boucheron

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