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Exploration of Reliance's potential entry into the sports and athleisure market in India, financial controversies surrounding Yes Bank, and the hurdles faced by India's largest stock exchange in pursuing an IPO.
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- Reliance Retail plans to enter the Indian athleisure market, posing a threat to Decathlon's dominance.
- NSE has faced obstacles in going public due to a co-location scandal, raising concerns about its future IPO.
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Reliance Competing with Decathlon in Athleisure Market
Reliance Retail plans to launch its own sports and athleisure brand in India, aiming to directly compete with Decathlon. The Indian athleisure market's rapid growth, worth $7 billion as of 2023, presents a lucrative opportunity. Factors like increasing health consciousness, rising disposable incomes, and celebrity influence contribute to the market's expansion. While Reliance faces tough competition from established brands like Adidas and Decathlon, its strong brand presence and distribution capabilities position it well in this emerging sector.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode