Reliance Retail, in partnership with Gap, has announced the opening of its 50th Gap store in India at the Phoenix Palladium Mall in Mumbai. This milestone marks the success of their collaboration, which began in 2022, where Reliance Retail serves as the official retailer for Gap across all channels in India.
The new store offers customers an elevated retail experience, spanning 2,948 square feet, and showcases denim, logo products, and khakis for men, women, and children. The store is designed to cater to the diverse needs of Indian families and provides a tech-enabled shopping experience, including smart trial rooms, endless aisle services, and an omni-enabled shopping journey, all at a better price value.
Akhilesh Prasad, President and CEO of Fashion and Lifestyle at Reliance Retail, expressed his excitement about the new store, stating that it represents a fresh and vibrant evolution of Gap’s retail experience in India. He emphasized the brand’s commitment to delivering iconic American style to customers across the region.
Facundo Ginobili, SVP of Franchise and Wholesale at Gap Inc., also announced the achievement, attributing it to the brand’s enthusiasm in the Indian market and their commitment to delivering iconic American style to customers.
Reliance Retail Limited is a subsidiary of Reliance Retail Ventures Limited (RRVL), which operates an integrated omnichannel network of 19,102 stores and digital platforms across various categories. With over 338 million registered customers, RRVL reported a consolidated turnover of ₹306,786 crore and a net profit of ₹11,101 crore for the fiscal year ending March 31, 2024.