There’s a piece of existing news coming from Reliance Industries Ltd. On Thursday Mukesh Ambani announced from Reliance Industries Ltd they launched a fashion retail brand, YOUSTA. Yousta is mainly focused on Youth fashion.
Yousta’s first store is opening in Sarrath City Mall located in Hyderabad. They offered the latest fashion at very affordable prices for their targeted audience the Youth of India. Major products are priced below Rs 499 and no products crossed the Rs 999 price point.
Yousta has partnered with some Non-profit organizations (charities) for customers to donate their old clothes to the store and these clothes are used for donation or community programs.
The Yousta store is now available in Hyderabad. However, you can access it online through Ajio or Jiomart. Their offline store is full of the latest techs and helpers for a better customer experience.
Reports say, the Qatar Investment Authority invested Rs 8,278 crore and acquired a 1% stake in Reliance Retail Ventures Ltd. This investment will make Reliance Retail Ventures Ltd. the largest retailer with a valuation of Rs 8,278 lakh crore.
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