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HomeEntertainmentIsha Ambani Mukesh Ambani To Buy Alia Bhatt Brand For Rs 350...

Isha Ambani Mukesh Ambani To Buy Alia Bhatt Brand For Rs 350 Crore Alia Bhatt Mukesh Ambani Business Deal

News oi-Kushmita Rana | Published: Monday, July 17, 2023, 18:16 [IST]

Alia Bhatt Mukesh Ambani Business Deal: Mukesh Ambani’s company may soon buy Ad-e-Mamma, the company of Bollywood industry’s famous actress Alia Bhatt. The talks regarding this company are at the final stage. Mukesh Ambani can pay Rs 300 to 350 crores to Alia Bhatt for this company. The deal is expected to be finalized in the next 10 days. After this deal, the child apparel portfolio in Reliance Retail will increase. Reliance Brands Ltd is in talks to fully acquire actress Alia Bhatt’s kids apparel brand Add-a-Mamma for Rs 300-350 crore, two industry executives said. Reliance Brands is a subsidiary of Reliance Retail Ventures, the holding company for the group’s retail business. According to media reports, Add-e-Mamma is a Rs 150 crore plus brand and is primarily sold online. This is expected to strengthen Reliance’s kidswear portfolio. The country’s largest retailer currently operates primarily through value fashion chain Trends as well as Mothercare, for which it holds the India rights. There has been no statement from Reliance and Eternia Creative & Merchandising, the unit behind Ad-e-Mamma. As per the information furnished to the Registrar of Companies, Bhatt is also a Director in Eternalia. An official with knowledge of the deal said that talks between Reliance and Ad-e-Mamma are in the final stages and a deal is likely to be struck in the next seven to 10 days. This will give Reliance a strong hold on the kidswear market. Add-a-Mamma was launched in 2020 and later expanded to teenage and maternity wear segments. The brand is sold through its own webstore and retail chains such as Lifestyle and Shoppers Stop, apart from ecommerce platforms such as Myntra, Ajio, FirstCry, Amazon and Tata Click. Reliance Brands Group’s retail venture that partners with independent fashion brands in the luxury, bridge-to-luxury, high premium and high street lifestyle space such as Armani Exchange, Burberry, Bally, Canali, Diesel, Gas, Hugo Boss, Hamleys . Alia Bhatt’s topless photoshoot was ridiculed, people said – even after the birth of a daughter, she is completely flat … Katrina Kaif’s fans angry with Alia Bhatt and Priyanka Chopra, there is a ruckus on this act? Bollywood Live Update: Badshah’s disclosure about superstars, Alia stuck between work and family Hollywood Strike: Writers and actors on strike in Hollywood, Deepika-Alia’s films will also be affected! Alia Bhatt’s explosive entry in YRF Spy Universe, will break box office records again after Tiger and Pathan! Paparaji’s slippers landed in a hurry, Alia Bhatt’s video went viral after picking up and wearing herself This is Alia Bhatt’s favorite S*X position… said- I like it because I… Bollywood by sharing pictures of ‘last night’ The actress showed her power, the husband was ashamed! Rocky Aur Rani Kii Prem Kahaani: Karan Johar’s ‘romantic’ family drama, fans are doing Shahrukh Khan’s lookalike blasted by Miss Alia Bhatt, people said – Ranbir Kapoor will also get confused! Look test of Ranveer-Alia’s film Rocky and Rani’s love story surfaced Get Updates & Movie Reviews Allow Notifications You have already subscribed English summary Isha Ambani Mukesh Ambani To Buy Alia Bhatt Brand For Rs 350 Crore Alia Bhatt Mukesh Ambani Business Deal. Story first published: Monday, July 17, 2023, 18:16 [IST]


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