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superdry: Reliance Brands signs agreement to acquire majority ownership of Superdry for Indian territory

Superdry has entered into a joint venture agreement with Reliance Brands to sell its intellectual property assets in India, Sri Lanka, and Bangladesh for £40 million. Superdry will invest £9.6 million in the alliance, and the South Asian IP generated around 1.8% of total Superdry group sales for the financial year ending April 2023.
United Kingdom Sri Lanka Kate Winslet David Beckham Leonardo Dicaprio Pixie Lott

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