Reliance Retail follows Tata’s footsteps to foray into cosmetics marketplace
Image Credit: Inc42
Reliance Retail, a subsidiary of RIL that is responsible for JustDial, Ajio, JIO stores, Hamleys, Reliance Fresh, Reliance Digital, Reliance Trends and Reliance Smart among others, is reportedly venturing into multi-brand and private label cosmetics, competing with online marketplaces such as IPO-bound Nykaa, Sugar, Lush, Purplle and MyGlamm, as well as offline brick and mortar stores such as Sephora, MAC cosmetics, and Macy’s.