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Reliance Retail has acquired a controlling stake in fashion house Ritu Kumar for an undisclosed amount. Reliance Retail Ventures Ltd has acquired about 52% stake in Ritika Pvt. Ltd, the holding company of Ritu Kumar, according to a person.
TO READ MORE:
https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/reliance-retail-acquires-a-controlling-stake-in-designer-ritu-kumars-company/87137790
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