Reliance Retail Opens The First GAP Store in Hyderabad
Reliance Retail Opens The First GAP Store in Hyderabad: Today, Reliance Retail announced the opening of the second freestanding Gap store in India in Hyderabad’s Sarath City Capital Mall, Gachibowli. The launch of this Gap store marks yet another milestone in the long-term partnership between Reliance Retail Limited and Gap Inc., through which Reliance Retail is the official retailer for Gap across all channels in India.
The new Gap store was inaugurated by the famous Tollywood actress Anupama Parmeswaran. She was accompanied by a representative from Gap India, Reliance Retail Ltd and Facundo Ginobili, Vice President of Strategy, Business Development and Account Management, Gap Inc. at the store for the ribbon cutting ceremony. The store is situated in the upper ground floor, Sarath City Capital Mall.
The launch of the Gap store in Hyderabad comes close on the heels of Reliance Retail opening the first freestanding Gap store in Mumbai’s Infiniti Mall. After opening over 50 Gap shop-in-shops since last year, this marks the second phase of the brand’s launch. The expansion of Gap’s India presence will include a series of freestanding store openings across the country in the coming months. Along with the store in Infiniti Mall, the Gap store in Sarath City Capital Mall will serve as the fullest expression of the brand featuring denim, logo products, khakis and modern essentials for the family across women, men, kids and babies.
On the opening of Gap’s first store in Hyderabad, Akhilesh Prasad, President & CEO, Fashion & Lifestyle, Reliance Retail Limited, said, “We are thrilled to bring the iconic Gap in a new avatar to our consumers in Hyderabad. On visiting the new Gap stores, they will not only discover a brand new retail identity, but a tech-enabled shopping experience including smart trial rooms, express check-out, and an omni experience, along with a better price value. While the opening of freestanding stores is an important driver of Gap’s long-term growth plan in India, it also gives us yet another opportunity to bring world-class brands and a differentiated shopping experience to our discerning Indian consumers.”
“We are excited to partner with Reliance Retail to continue growing our presence in India through our partner-based model,” said Adrienne Gernand, Managing Director of International, Global Licensing and Wholesale at Gap Inc. “Growing Gap’s brick-and-mortar business through the launch of freestanding stores and multi-brand store expressions enables us to increase accessibility for Indian customers and meet them where they are shopping.”
Reliance Retail is India’s largest retailer with established competencies in operating robust omni-channel retail networks and scaling local manufacturing and driving sourcing efficiencies. Through its partnership with Gap, Reliance Retail will bring Gap’s shopping experience to customers across India through a mix of exclusive brand stores, multi-brand store expressions and digital commerce platforms.
Founded in San Francisco in 1969, Gap continues to build on its heritage grounded in denim and connect with customers online and in company-operated and franchise retail locations globally. With a strong vision of doing more than selling clothes, Gap shapes culture, championing a uniquely radical and optimistic sense of American style by bridging the gap between individuals, generations, and cultures.
The Gap store, located at Sarath City Capital Mall, Gachibowli, opens on February 25, 2023 at 6:00pm and will be open Monday to Sunday from 11:00am to 9:30pm.
About Reliance Retail Limited:
Reliance Retail Limited is a subsidiary of Reliance Retail Ventures Limited, the holding company of all the retail businesses under Reliance Industries Ltd. RRVL, through its subsidiaries and affiliates, operates integrated omni channel network of 17,225 stores and digital commerce platforms across Grocery, Consumer Electronics, Fashion & Lifestyle and Pharma consumption baskets and has partnered with over 2 million merchants through its New Commerce initiative. RRVL reported a consolidated turnover of ₹ 199,704 crore ($ 26.3 billion) and net profit of ₹ 7,055 crore ($ 931 million) for the year ended March 31, 2022.
About Gap:
Gap is an authority on modern American style. Founded in San Francisco in 1969, Gap continues to build on its heritage grounded in denim and khakis made through Washwell, Gap’s water saving program that uses at least 20% less water compared to conventional garment-wash methods. Gap is a lifestyle brand that includes adult apparel and accessories, Gap Teen, Gap Kids, babyGap, Gap Maternity, Gap Body, GapFit, and Gap Home collections. The brand connects with customers online and in company-operated and franchise retail locations globally, and also serves value-conscious customers with exclusively designed collections for Gap Outlet and GapFactory Stores. Gap is the namesake brand for leading global specialty retailer, Gap Inc. (NYSE: GPS) which includes Old Navy, Gap, Athleta and Banana Republic brands. For more information, please visit www.gapinc.com
