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Mukesh Ambani launches Fashion Factory Exchange Festival: If you are someone who loves branded clothes and are planning to replace your old clothes here is a piece of good news for India. In its recent action Mukesh Ambanis Reliance Retail has launched a “Fashion Factory Exchange Festival” across its discount clothing outlets. Under this recently launched scheme customers can bring their old or non-branded garments—like denim shirts t‑shirts or kidswear—and receive instant exchange coupons ranging from Rs 100 to Rs 400 depending on the garment type. Here are all the details you need to know about the a “Fashion Factory Exchange Festival”. As per the recent scheme introduced by Mukesh Ambanis Reliance Retail is issuing coupons on old clothes which can be used to purchase branded apparel from popular labels such as Lee Raymond Van Heusen Louis Philippe and more. Readers should note that this offer is available at all Reliance Fashion Factory stores till July 20. Reliance Retail Ventures Limited (RRVL) acquires stake in UK-based FACEGYM In the recent development to expand its market Reliance Retail Ventures Limited (RRVL) acquired a minority stake in UK-based skincare and facial fitness brand FACEGYM. As per a report by news agency ANI the company made the announcement and said it plans to bring the brand to India soon through its beauty platform Tira. This marks a pivotal step in RRVLs continued expansion in the high-growth beauty and wellness space. The report also says that the UK-based company is founded by renowned beauty and wellness entrepreneur Inge Theron and has pioneered a transformative approach to skincare by combining non-invasive facial workouts with advanced skincare formulations. Why is Reliance partnering with FACEGYM? FACEGYM is widely recognised for creating a new category at the intersection of beauty wellness and fitness. Through the partnership Reliance Retails Tira will spearhead FACEGYMs India foray leading its local operations and market development bringing the brands innovative concept to the Indian consumer. (With inputs from agencies)