Latest news with #FACEGYM
India.com
07-07-2025
- Business
- India.com
Mukesh Ambani big gift for middle class Indians! Bring old clothes and..., know details here
Mukesh Ambani makes big move Mukesh Ambani launches Fashion Factory Exchange Festival: If you are someone who loves branded clothes and are planning to replace your old clothes, here is a piece of good news for India. In its recent action, Mukesh Ambani's Reliance Retail has launched a 'Fashion Factory Exchange Festival' across its discount clothing outlets. Under this recently launched scheme, customers can bring their old or non-branded garments—like denim, shirts, t‑shirts, or kidswear—and receive instant exchange coupons ranging from Rs 100 to Rs 400 depending on the garment type. Here are all the details you need to know about the a 'Fashion Factory Exchange Festival'. As per the recent scheme introduced by Mukesh Ambani's Reliance Retail is issuing coupons on old clothes which can be used to purchase branded apparel from popular labels such as Lee, Raymond, Van Heusen, Louis Philippe, and more. Readers should note that this offer is available at all Reliance 'Fashion Factory' stores till July 20. Reliance Retail Ventures Limited (RRVL) acquires stake in UK-based FACEGYM In the recent development to expand its market, Reliance Retail Ventures Limited (RRVL) acquired a minority stake in UK-based skincare and facial fitness brand FACEGYM. As per a report by news agency ANI, the company made the announcement and said it plans to bring the brand to India soon through its beauty platform, Tira. This marks a pivotal step in RRVL's continued expansion in the high-growth beauty and wellness space. The report also says that the UK-based company is founded by renowned beauty and wellness entrepreneur Inge Theron and has pioneered a transformative approach to skincare by combining non-invasive facial workouts with advanced skincare formulations. Why is Reliance partnering with FACEGYM? FACEGYM is widely recognised for creating a new category at the intersection of beauty, wellness, and fitness. Through the partnership, Reliance Retail's Tira will spearhead FACEGYM's India foray, leading its local operations and market development, bringing the brand's innovative concept to the Indian consumer. (With inputs from agencies)
India.com
04-07-2025
- Business
- India.com
Mukesh Ambani places bet on UK-based company, plans to launch facial fitness, skincare brand for..., open 'dark stores' to reach more...
Mukesh Ambani and Nita Ambani's chef at Antilia earns more than most CAs, MBAs; his security guard, driver's monthly salary is... Reliance Retail Ventures (RRVL) has acquired a minority stake in UK-based facial fitness and skincare brand FACEGYM for an undisclosed amount and is set to introduce the brand in the Indian market through its beauty platform Tira. Reliance Retail recently shared that it is planning to expand its coverage by opening dark stores, special warehouses meant for faster online order deliveries. Along with this, the company is now set to launch a new facial fitness and skincare brand in India, bringing innovative beauty and wellness services to Indian customers. In a joint statement, the two companies said that Tira, Reliance Retail's beauty chain, will steer FACEGYM's launch in India. Tira will run Facegym's day‑to‑day business here and help it grow in the local market, bringing the brand's fresh approach to Indian shoppers. Reliance plans to build and expand FACEGYM's footprint over the next five years. To do that, it will set up dedicated FACEGYM studios and special sections inside selected Tira stores in major cities. Tira is a beauty‑only retail platform owned by Reliance Retail. Reliance Retail's expansion plan Opening 'dark stores': Reliance Retail wants to reach more customers by setting up special warehouses called dark stores . These places don't serve walk‑in shoppers; they exist only to pack online orders fast. Big jump in online orders: In the January–March quarter, online orders handled through Reliance's quick‑commerce service grew 2.4 times compared with the same period a year ago. Chief Financial Officer Dinesh Taluja called this a major milestone when he shared the quarterly results. Lightning‑fast delivery network: Using its current store network, Reliance can now deliver in less than 30 minutes to about 4,000 PIN codes across India. That reach is larger than any other quick‑commerce company in the country. What are the three kinds of service at JioMart Through the JioMart app, shoppers can choose from three delivery options: Instant delivery (around 30 minutes) Scheduled delivery (pick a convenient time) Local store delivery (items sent from the nearest Reliance outlet) With more dark stores on the way and a wider delivery network than its rivals, Reliance Retail is aiming to make quick shopping even quicker for customers all over India. What did Tira and FACEGYM say about the collaboration? Commenting on the collaboration, Bhakti Modi, Co-founder & CEO of Tira, said, 'FACEGYM sits at the unique intersection of beauty, wellness, and fitness – creating a category of its own. This aligns perfectly with the discerning beauty consumer in India who is experience-oriented, and increasingly drawn to science-backed, innovative concepts.' Angelo Castello, CEO of FACEGYM, said, 'With our current strategic partnerships, we are in a powerful position to turn FACEGYM into one of the only beauty services. This partnership with a leading conglomerate like Reliance will serve as a catalyst for our global expansion by establishing our presence in the dynamic Indian market.'
The Hindu
03-07-2025
- Business
- The Hindu
Reliance Retail picks up minority stake in U.K.'s FACEGYM
Reliance Retail Ventures Ltd. (RRVL) has announced a minority investment in U.K.-based FACEGYM, which is into facial fitness and skincare, for an unspecified amount. The firm approaches skincare by combining non-invasive facial workouts with advanced skincare formulations. Through this investment, Reliance Retail's Tira will spearhead FACEGYM's India foray – leading its local operations and market development, bringing the brand's concept to Indian consumers. Reliance said it will establish and scale FACEGYM's presence in India over the next five years, through a mix of standalone studios and curated spaces within select Tira stores across key cities. Bhakti Modi, co-founder & CEO of Tira, said, 'FACEGYM sits at the unique intersection of beauty, wellness, and fitness – creating a category of its own. This aligns perfectly with beauty consumer in India.' Angelo Castello, CEO of FACEGYM, said, 'With our current strategic partnerships, we are in a powerful position to turn FACEGYM into one of the only beauty services that exists with this size of global footprint – launching in new markets, and sculpting more people than ever before with our unique approach to facial fitness and skin health.'
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Business Standard
03-07-2025
- Business
- Business Standard
Reliance Retail to bring FACEGYM to India, makes minority investment in co
Reliance Retail Ventures on Thursday announced a strategic minority investment in UK-based FACEGYM, a global facial fitness and skincare company, and will also bring it to India. 'This marks a pivotal step in RRVL's continued expansion in the high-growth beauty and wellness space,' the company said in a release. Founded by wellness entrepreneur Inge Theron, FACEGYM offers non-invasive facial workouts with skincare formulations. 'Through this partnership, Reliance Retail's Tira will spearhead FACEGYM's foray into India – leading its local operations and market development, and bringing the brand's innovative concept to the Indian consumer,' Reliance Retail Ventures said in its release. Reliance will establish and scale FACEGYM's presence in India over the next five years, through a mix of standalone studios and curated spaces within select Tira stores across key cities. Commenting on the partnership, Bhakti Modi, Co-founder & CEO of Tira, said, 'At Reliance Retail, our commitment is to introduce world-class brands and innovative concepts and experiences to the Indian consumer. FACEGYM sits at the unique intersection of beauty, wellness, and fitness – creating a category of its own. This aligns perfectly with the discerning beauty consumer in India, who is experience-oriented and increasingly drawn to science-backed, innovative concepts. We welcome FACEGYM to our portfolio and to India, and are excited to unlock its immense growth potential in this dynamic market.'
India.com
03-07-2025
- Business
- India.com
Mukesh Ambani, Isha Ambani make big move, Reliance Retail acquires stake in this foreign company, it is of…, name of…
Home Business Mukesh Ambani, Isha Ambani make big move, Reliance Retail acquires stake in this foreign company, it is of…, name of… Mukesh Ambani, Isha Ambani make big move, Reliance Retail acquires stake in this foreign company, it is of…, name of… RRVL had reported a consolidated turnover of Rs 3.30 lakh crore for the year ended March 31, 2025. Reliance Retail Ventures Ltd (RRVL) has acquired a minority stake in UK-based FACEGYM for an undisclosed amount and plans to introduce the facial fitness and skincare brand in India, the company announced on Thursday. The investment is part of RRVL's broader strategy to expand its presence in the rapidly growing beauty and wellness segment. 'Through this partnership, Reliance Retail's Tira will spearhead FACEGYM's India foray – leading its local operations and market development, bringing the brand's innovative concept to the Indian consumer,' a joint statement said. Reliance To Establish FACEGYM In India Reliance will establish and scale FACEGYM's presence in India over the next five years, through a mix of standalone studios and curated spaces within select Tira stores across key cities, it said. Tira is an omnichannel beauty retail platform owned by Reliance Retail. 'This expansion will leverage Reliance's robust retail ecosystem, market expertise, and deep consumer insights to introduce and scale FACEGYM's unique offering in a rapidly growing beauty space,' it said. Founded by beauty and wellness entrepreneur Inge Theron, FACEGYM has pioneered a transformative approach to skincare by combining non-invasive facial workouts with advanced skincare formulations. 'The partnership reinforces Reliance Retail's broader strategy to scale its presence in the beauty and personal care vertical, anchored by Tira,' it said. Bhakti Modi On FACEGYM Bhakti Modi, Co-founder & CEO of Tira, said: 'FACEGYM sits at the unique intersection of beauty, wellness, and fitness – creating a category of its own. This aligns perfectly with the discerning beauty consumer in India who is experience-oriented, and increasingly drawn to science-backed, innovative concepts.' Angelo Castello, CEO of FACEGYM, said, 'With our current strategic partnerships, we are in a powerful position to turn FACEGYM into one of the only beauty services. This partnership with a leading conglomerate like Reliance will serve as a catalyst for our global expansion by establishing our presence in the dynamic Indian market.' RRVL, through its subsidiaries and affiliates, operates an integrated omni-channel network of 19,340 stores and digital commerce platforms across grocery, consumer electronics, fashion & lifestyle and pharma consumption baskets. (With Inputs From PTI) For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest Business News on
