Advertising
Global Mergers, Local Ripples: Consolidations reshape India's ad land as clients seek 'single-window' partners
Reliance Brands Ltd is set to acquire actress Alia Bhatt's children wear brand Ed-a-Mamma for Rs 300-350 crore. Bhatt upon realising that there was a genuine gap for a strong, homegrown Indian kids clothing brand thought of exploring the segment. When the process began of researching and developing, it was an eye opener for her. Bhatt’s cat’s name is Edward and since she is Edward’s mom, the brand name originated from there.
The acquisition is expected to strengthen Reliance’s kidswear portfolio. Ed-a-Mamma which started in 2020 has been selling its products through online platforms including AJIO, Myntra, Tat CLIQ, Amazon apart from its own webstore.
Currently, Reliance Brands has partnerships with renowned international brands in luxury, high premium and high street lifestyle segments like Burberry, Armani Exchange, Emporio Armani, Ferragamo, GAS, Giorgio Armani, Jimmy Choo, and Marks & Spencer among others.
Storyboard18's signature initiative 'Share The Spotlight' returns with its Delhi edition, bringing together business leaders and changemakers to honour women rewriting the rules and sparking transformation.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.