Daily Digest

19 April, 2013

Reliance Brands Strikes a Deal with UK’s Reiss

Reiss Spring/Summer 2013 | Source: Reiss

“Mukesh Ambani’s high street fashion business Reliance Brands has inked a deal with Reiss, a UK fashion brand for opening stores in India. Reliance Brands, a part of Reliance Industries, plans to open five to seven Reiss stores in three years, positioning the London-based brand in the affordable luxury category.”

Why Is Japanese-Made Fashion So Expensive?

A Bathing Ape Store | Source: Hypebeast

“With a failing global economy and an increase on ‘fast retail’ where the focus lies more on cost over quality, many fashion enthusiasts are questioning labels, their prices and ultimately their products. Japan has always been known for their high standards, but unfortunately is no exception to the aforementioned doubts.”