Why Did This British Brand's Partnership With Reliance Fall Apart | Paisa Live

Renowned British footwear brand Clarks and Reliance Retail had formed a joint venture two years ago. However, the partnership has recently faced challenges. About ten days ago, Clarks closed its stores in Inorbit Mall, and it has also shut down its outlets in DLF Mall. This move comes amidst speculation about the reasons behind the termination of the partnership. The closure of these stores might indicate issues within the joint venture or shifts in business strategy. The situation highlights the complexities of retail partnerships and their impact on brand presence in key markets. Further details on why the collaboration ended and the future plans for Clarks and Reliance Retail are awaited.