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Indian conglomerate is expanding into fashion and personal care.
June 20, 2022
By: TOM BRANNA
Editor
Indian conglomerate Reliance Industries is considering purchasing Revlon Inc. days after the global beauty company filed for bankruptcy, according to a report from ET Now. Reliance has pushed its way into the fashion and personal care space in recent months as it diversifies away from its mainstay oil business. It has already established a foothold in telecom and retail sectors. Revlon obviously is a good fit with Reliance Industries’ omnichannel plans for beauty & personal care. Muke...
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