- LATEST
- WEBSTORY
- TRENDING
BUSINESS
Mukesh Ambani's big move set to challenge these big brands as his company forms...
Delta Galil is a key player in the global innerwear market, collaborating with numerous multinational brands.
Updated : Sep 11, 2024, 11:02 AM IST
 "Mukesh Ambani")
TRENDING NOW
)
'Until Nitish took charge in Bihar, there was no serious concern for...': PM Modi attacks previous RJD-led govt in state
)
7 times XXX, Gandii Baat star Aabha Paul was 'too hot to handle' in her bikini photos
)
Internet fuming over BIZZARE fan reaction in Diljit Dosanjh concert, netizens say, 'better if asteroid hit earth'
)
Meet star with no hit films, still earns Rs 5 lakh a month, is more famous than Aishwarya, Amitabh, Kareena, Ram Charan
)
Meet Janhvi Kapoor's 'sister' who left Bollywood after no hits in 7 years, still called star; she's worth Rs...
)
Meet two brothers, one is star with Rs 70 crore net worth, other is 506% richer with over 10 flop films, net worth is..
)
India's highest paid actor charges Rs 300 crore for a film; more than Vijay, Shah Rukh, Prabhas, Rajini, Ranbir, Salman
)
Meet one of Kolkata's richest persons, founded Rs 19690 crore company that is Tata, Mahindra rival, net worth is Rs...
)
'All I do is...': After Arjun Kapoor confirms breakup with Malaika Arora, her cryptic video goes viral
)
Meet actress who never became lead heroine, married superstar's brother, fell in love with 12 years younger man; now...
)
Avinash Mishra to be evicted from Bigg Boss 18? Actor gets into a physical fight with Digvijay Rathee leading him to...
)
Shilpa Shetty breaks down, Salman Khan cancels shoot; celebs rush to Lilavati hospital after Baba Siddique shot dead
)
Meet woman, who rejected Rs 3.6 lakh offer from Mukesh Ambani, didn't attend Anant Ambani, Radhika wedding due to...
)
Radhika Merchant changes name, shares thoughts on work and marriage
)
Shillong Teer Result November 14, 2024: Know updates on lucky winning numbers
Mukesh Ambani's company is set to make its mark in the innerwear garment industry through a partnership with Israeli firm Delta Galil, a global leader in innerwear manufacturing. The two companies have formed a joint venture with equal ownership to launch their business together.
Through this collaboration, Reliance will not only design innerwear but will also sell products under renowned global brands, leveraging Delta Galil’s expertise. This move is expected to intensify competition for established brands like Jockey and Levi’s as Reliance prepares to enter the market. Much like how Reliance disrupted the telecom industry with Jio, this venture has the potential to shake up the garment sector as well.
Delta Galil holds global licenses with several leading international brands, including Calvin Klein, Tommy Hilfiger, and Columbia. It has also recently secured deals with brands like Adidas and Polo Ralph Lauren. As per an Economic Times report, this joint venture will equally split ownership between Reliance and Delta Galil, and will manufacture innerwear for Reliance’s existing brands. Additionally, they will introduce Delta's international brands, such as 7 For All Mankind and Necessities, to the market.
Delta Galil is a key player in the global innerwear market, collaborating with numerous multinational brands. The company operates research and development centers in Israel, the USA (Oregon), and China, focusing on fabric innovation, socks, and bras, respectively. It holds seven registered patents, 12 pending patents, and eight active tech trademarks.
In recent years, Reliance has been steadily expanding its presence in the innerwear retail and brand segments, acquiring notable names such as Clovia, Zivame, and Amante. These three brands collectively generated sales exceeding Rs 2,000 crore in the 2023-2024 fiscal year.
