Reliance Brands to have 50% stake in GAS Jeans

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Oct 25, 2012: Reliance Brands has decided to take a 50% stake in the GAS Jeans, a joint venture with the well know Italian dress maker, Grotto. GAS Jeans entered the Indian market in 2006 in partnership with Raymond, but they separated after 3 years. GAS re-entered the Indian market adopting a franchise model. GAS Jeans is expected to be made available in around 60 stores operated by Reliance Brands across India.

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