The retail arm of Reliance Industries posted 20 per cent increase in sales of the second quarter of 2014, which ended on 30th September. The sales soared from Rs 3470 crores to Rs. 4617 crores, continuing the growth trend from the first quarter of the year, wherein the company registered 14.6 per cent growth in the sales revenue. Contributing to 67 per cent of this growth, the apparel retail division of Reliance Retail, Reliance Trends inaugurated an in-house design studio and sampling facility in the same quarter, which significantly increased the company’s speed to the market along with product development capabilities.
