Reliance Retail Ventures and Delta Galil Forge Strategic Partnership in India
Reliance Retail Ventures Limited (Reliance Retail), India’s leading retailer, and Delta Galil Industries, Ltd. (DELG/Tel Aviv Stock Exchange), a global leader in branded and private label intimate apparel, activewear, loungewear, and denim, have announced a strategic partnership in India. The collaboration, established through a 50/50 joint venture, is set to transform the apparel landscape in the Indian market.
“Delta Galil’s reputation as a global innovator in intimate apparel and activewear perfectly complements Reliance Retail’s dedication to offering quality and cutting-edge products to Indian consumers,” said V Subramaniam, Managing Director, Reliance Retail Ventures Ltd. “Together, we aim to enhance the consumer experience in the intimate apparel and activewear segments across our retail platforms.”
The joint venture will focus on creating an apparel innovation platform tailored to the unique needs of Indian consumers. Delta Galil, known for its innovative approach and product excellence, will use this opportunity to broaden its presence in India, offering its esteemed range of intimate apparel and activewear brands through retail, wholesale, and digital channels. Additionally, Delta Galil will assist the joint venture in designing and manufacturing products for Reliance’s established brands.
Isaac Dabah, CEO of Delta Galil, highlighted the strategic importance of this partnership. “Reliance Retail’s rapid growth and expansive retail network make it an ideal partner as we look to enter India’s vibrant consumer market of over 1.4 billion people,” Dabah remarked. “This collaboration will combine our expertise in product design and manufacturing with Reliance Retail’s extensive distribution network, driving accelerated growth in the intimate apparel and activewear sectors across India.”
As India’s largest retail entity, Reliance Retail brings unparalleled domestic sales and distribution capabilities. The joint venture will leverage Delta Galil’s deep industry knowledge and innovative prowess in intimate apparel and activewear, which are expected to experience significant growth in the Indian market.
About Delta Galil Industries
Delta Galil Industries is a global manufacturer and marketer of branded and private label apparel for men, women, and children. Established in 1975, the company emphasizes a body-before-fabric philosophy, balancing comfort, aesthetics, and quality. Delta Galil specializes in seamless apparel, including bras, shapewear, socks, intimate apparel, underwear, babywear, activewear, sleepwear, and loungewear. The company also designs and markets branded denim and apparel under names such as 7 For All Mankind® and Splendid®, and holds licenses for brands like adidas, Wolford, Wilson, Columbia, and Tommy Hilfiger. For more information, visit Delta Galil.
About Reliance Retail Ventures Limited
Reliance Retail Ventures Limited (Reliance Retail) is the holding company for all retail operations under the Reliance Industries Limited (RIL) group. Operating an integrated omni-channel network of over 18,918 stores and digital platforms across Consumer Electronics, Fashion & Lifestyle, Grocery, and Pharma, Reliance Retail is a key player in India’s retail landscape. The company has partnered with over 3 million merchants through its New Commerce initiative and is ranked among the top 100 global retailers. For the year ended March 31, 2024, Reliance Retail reported a consolidated turnover of ₹306,786 crore ($37 billion) and a net profit of ₹11,101 crore ($1.3 billion).
