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Ambani's Reliance Retail lures Gap to India with franchise deal

Retailer adds U.S. fashion brand to portfolio after nabbing U.K.'s Pret A Manger

BENGALURU -- Reliance Retail will bring American fashion brand Gap to India through a long-term franchisee agreement announced Wednesday, bolstering its portfolio of global brands aimed at catering to affluent Indians.

Reliance Retail, a subsidiary of billionaire Mukesh Ambani's Reliance Industries, already sells more than 30 global fashion and lifestyle brands in India, including Burberry, Jimmy Choo, Michael Kors and Brooks Brothers.

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