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Reliance Brands Acquires 40% Stake in Indian Luxury Label Manish Malhotra

The retail giant has set an ambition to grow the one-time Bollywood stylist’s designer label into India’s first global luxury brand.
Darshin Mehta and Manish Malhotra photographed at Malhotra's home in Mumbai. Photograph by Prasad Naik
RBL's Darshan Mehta and Manish Malhotra photographed at Malhotra's home in Mumbai. Photograph by Prasad Naik

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Indian retail giant, Reliance Brands Limited (RBL) has taken a 40 percent stake in 16-year-old luxury brand Manish Malhotra for an undisclosed sum, the companies said Friday.

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