Reliance Trends, which was established in 2006, has change into a significant participant within the vogue business, specializing in cheap garments with each on-line and bodily storefronts.
Reliance Retail, led by Isha Ambani, has outperformed the most important market individuals in phrases of valuation, coming in at $112 billion. Reliance Trends’ CEO, Akhilesh Prasad, has been instrumental in advancing the corporate, and their most up-to-date luxurious vogue model enterprise, Azorte, is poised to tackle market leaders like H&M and ZARA.
Reliance Trends, which was established in 2006, has change into a significant participant within the vogue business, specializing in cheap garments with each on-line and bodily storefronts.
According to India Retailing, Azorte was launched underneath Reliance Retail final yr with the objective of making the model a nationwide establishment in India over the next 4 years.
The new shops will probably be created to merge offline and on-line experiences with technological elements like self-checkout kiosks, and Akhilesh Prasad is the person behind making this occur.
Akhilesh Prasad: About
Akhilesh Prasad acquired his bachelor’s diploma in economics from Delhi University earlier than persevering with his research on the Delhi School of Economics for his grasp’s diploma. He graduated from the Institute of Rural Management with an MBA.
Prior to taking the helm as president and CEO in 2018, he joined Reliance in 2003 because the COO and served a quantity of necessary jobs. He has devoted his 32-year profession to creating Reliance Retail, a dominant pressure within the Indian retail enterprise so as to trigger disruption.
Throughout his profession, he has been affiliated with manufacturers equivalent to Trends, Ajio, Ajio Business, Project Eve, and Trends Small Town.
He has performed a major function within the improvement of Mukesh Ambani’s daughter Isha Ambani’s Reliance Retail with the objective of creating an Indian firm that’s succesful of competing with the perfect on this planet and turning into the dominating participant within the Indian vogue and way of life business.
