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South Asian Behemoths Ink Lingerie Deal

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Two of South Asia’s largest apparel players have just struck a deal. This week, India’s Reliance Retail Private Limited acquired Amante, the retail lingerie business of Sri Lanka’s largest apparel manufacturer MAS Holdings. Amante, which is manufactured in Sri Lanka, India and Bangladesh, has three brands, Amanté, Ultimo and every dé by amanté, and has…

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