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Reliance Industries’ arm inks long-term franchise agreement with Gap

07 Jul 2022 Evaluate

Reliance Industries’ subsidiary -- Reliance Retail has entered into long-term franchise agreement with Gap. Through this collaboration Reliance Retail has become the official retailer for Gap across all channels in India. Reliance Retail will introduce Gap's offerings to Indian consumers through a mix of exclusive brand stores, multi-brand store expressions and digital commerce platforms.

Founded in San Francisco in 1969, Gap is considered as an authority on modern American style. It continues to build on its heritage grounded in denim and connect with customers online and in company-operated and franchise retail locations globally.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
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