Reliance Brands to acquire Alia Bhatt-promoted kidswear brand Ed-a-Mamma

Reliance Brands, part of Reliance Retail Ventures (RRVL), is planning to buy Ed-a-Mamma, a kidswear brand promoted by actor Alia Bhatt, according to news reports.

Ed-a-Mamma specialises in creating sustainable clothing options for kids at affordable rates.

Talks between Reliance Brands and the kidswear retailer, which mainly sells online are in the final stages, the industry source said.

According to a media report, the deal is estimated to be around Rs 300 crore.

The deal would help strengthen Reliance Brands' play into the branded kidswear segment, which is rapidly growing in the country.

Ed-a-Mamma brand is owned by Eternalia Creative and Merchandising, in which Alia Bhatt is a director. The company was incorporated in 2019.

Established in 2007, Reliance Brands has collaborated with of over 50 international brands and operates over 2,000 stores in India.

It has a portfolio of brand partnerships which includes AK-OK, Armani Exchange, Bally, Bottega Veneta, Burberry, Canali, Coach, Diesel, Dune, Emporio Armani, Ermenegildo Zegna, Gas, Giorgio Armani, Hamleys, Hugo Boss, Jimmy Choo, Michael Kors, Mothercare, Muji, Paul & Shark, Paul Smith, Pottery Barn, Ritu Kumar, Salvatore Ferragamo, Satya Paul, Steve Madden, Superdry, Scotch & Soda, Tiffany & Co, Versace, Villeroy & Boch and West Elm.

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