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• Fashion group SMCP, owner of French fashion labels Sandro and Maje, has signed a deal with Reliance to expand into India and will join other high-end European brands opening stores in the Jio World Plaza mall in Mumbai.
• SMCP CEO Isabelle Guichot cited India's wealth and growing population of younger generations as reasons for entering the country.
• Reliance Brands, a subsidiary of Reliance Retail Ventures, will become the exclusive distributor of Sandro and Maje in India.