Reliance Brands, Anamika Khanna form JV for fashion label 'AK-OK'

Reliance Brands Limited (RBL) and Indian fashion designer Anamika Khanna announced on Monday that they have tied up to form a 60:40 Joint Venture for owning and developing the fashion brand 'AK-OK'. RBL, in an official statement, has stated that the JV will set up the foundation for a new outlook in Indian fashion.

Anamika Khanna will continue to lead the creative direction of the brand as Creative Director.

"As India's largest luxury retailer, RBL's learnings from operating a wide retail network across its group companies and experience of building a diverse portfolio of luxury to premium brands will come in good stead to steer AK-OK as one of the most recognisable new age brand globally. It also allows for me to have fun with the brand while exploring boundless future possibilities together", said Anamika Khanna.

RBL has explained that 'AK-OK' was born out of a deeply personal story in a time of crisis and Anamika Khanna's sons Viraj and Vishesh's determination to re-write the narrative to one of optimism and acceptance. Keeping with its genesis, the fashion label started with an attitude of deconstructing everything that was "meant to be" and accepting what "could be".

With age and gender agnostic design philosophy, AK-OK evolved in recognition of rapidly changing lifestyles - where dressing for "day" v/s "night" was linear, noted the firm.

It conveyed that the label builds a world where it is completely okay to bring together the luxurious and the relaxed, to create a distinct personal take on style and not be dictated by trends or "others".

It added that there is also an underlying romanticism in the ethos of AK-OK - about life - about not being afraid - of being out there. "While the brand originates in India and holds intricate Indian nuances, every collection from AK-OK galvanizes design quirks and interesting silhouettes that transcend geographies," noted RBL.

Commenting on the JV, Isha Ambani, Director, Reliance Retail Ventures Ltd., said, "The partnership with Anamika Khanna pivots around our recognition of homegrown talent's growing popularity and appeal, both in India and globally. Known for her eponymous label, Anamika Khanna is well recognised for encapsulating India's rich craft in global contours".  

Reliance Retail Ventures Ltd is the holding company of all retail companies in Mukesh Ambani-led Reliance Industries Limited.

"We are excited to partner with Anamika's AK-OK brand journey right from its early days and present a unique design philosophy to Indian and global consumers," added Ambani.

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