Correct option is A
The correct answer is:(A). Reliance Brands
Reliance Brands Limited (RBL), a subsidiary of Reliance Retail, acquired the iconic British toy retailer Hamleys in 2019. The deal was worth ₹620 crore (around $88 million), making Reliance the global owner of Hamleys.
- Hamleys is one of the oldest and most famous toy retailers, founded in 1760 in London, UK.
- Before Reliance, it was owned by the Chinese company C.banner.
- Reliance had already been operating Hamleys stores in India as a franchise before the acquisition.
- With this deal, Reliance expanded its international retail presence and strengthened its hold in the toy industry.