Reliance Retail partners with Gap Inc. to bring Gap to India Announcing long-term franchise agreement to retail Gap across all channels

Reliance Retail Minimal, India’s biggest retailer, has entered a longterm partnership with Gap Inc. to deliver legendary American vogue model Gap to India. As a result of the extensive-phrase franchise agreement, Reliance Retail has become the formal retailer for Gap across all channels in India. Reliance Retail will introduce Gap’s most current manner offerings to Indian buyers via a mix of exclusive manufacturer retailers, multi-model retailer expressions and electronic commerce platforms.

The partnership is aimed at leveraging Gap’s position as a major relaxed way of living model, and Reliance Retail’s recognized competencies in running robust omni-channel retail networks and scaling area manufacturing and driving sourcing efficiencies. Launched in San Francisco in 1969, Gap continues to establish on its heritage grounded in denim and join with prospects on-line and in firm-operated and franchise retail places globally. With a powerful vision of undertaking more than offering clothing, Gap designs culture, championing a uniquely radical and optimistic feeling of American type by bridging the gap amongst men and women, generations, and cultures. Reliance Retail delivers Gap’s buying experience to buyers in India, offering the brand’s youthful, optimistic fashion for gentlemen, women of all ages, and children.

‘At Reliance Retail, we satisfaction ourselves in bringing the newest and finest to our prospects and we are satisfied to announce the addition of legendary American model, Gap to our manner and life style portfolio. We believe that that Reliance and Gap enhance every other in their vision to bring field major fashion items and retail ordeals to their shoppers,’ reported Akhilesh Prasad, CEO, Fashion & Way of living, Reliance Retail Ltd.

‘We search forward to growing the Gap business enterprise throughout crucial intercontinental marketplaces,’ mentioned Adrienne Gernand, Handling Director of Global, Global Licensing and Wholesale at Hole Inc. ‘Partnering with regional industry experts, like Reliance Retail in India, permits us to supply our suitable, function-driven model to buyers close to the world, although continuing to diversify our enterprise portfolio via our associate-based mostly design

About Reliance Retail Minimal

Reliance Retail Limited is a subsidiary of Reliance Retail Ventures Ltd, the holding company of all the retail corporations below the RIL group. RRVL noted a consolidated turnover of ? 199,704 crore ($ 26.3 billion) and web revenue of ? 7,055 crore ($ 931 million) for the 12 months ended March 31, 2022.

Reliance Retail is the major and the most worthwhile retailer in India with the widest attain. It has been outlined among the quickest developing suppliers in the planet in Deloitte’s Worldwide Powers of Retailing 2022 index. It is ranked 56th in the checklist of Leading World Shops and is the only Indian Retailer to be highlighted in the Prime 100.

About Gap

Hole is an authority on modern American style. Launched in San Francisco in 1969, Gap carries on to create on its heritage grounded in denim and khakis produced via Washwell, Gap’s water preserving software that makes use of at least 20% a lot less drinking water in contrast to traditional garment-wash procedures. Hole is a lifestyle model that consists of adult attire and add-ons, Hole Teenager, Hole Youngsters, babyGap, Gap Maternity, Gap Body, GapFit, Yeezy Gap and Hole Property collections. The manufacturer connects with buyers on line and in firm-operated and franchise retail destinations globally, and also serves benefit-acutely aware shoppers with exclusively developed collections for Gap Outlet and GapFactory Merchants.

About Gap Inc.

Gap Inc., a collection of reason-led life-style brands, is the major American specialty attire business giving outfits, equipment, and particular care items for guys, women of all ages, and young children under the Outdated Navy, Hole, Banana Republic, and Athleta brands. The business utilizes omni-channel capabilities to bridge the electronic world and bodily outlets to even more boost its buying knowledge. Hole Inc. is guided by its objective, Inclusive, by Structure, and requires pride in making merchandise and experiences its consumers adore although performing right by its staff, communities, and world. Hole Inc. products are out there for order worldwide as a result of firm-operated stores, franchise stores, and e-commerce web pages. Fiscal calendar year 2021 net product sales were being $16.7 billion. For extra facts, please take a look at www.gapinc.com.

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