Mukesh Ambani's Reliance Retail planning a sports brand like Decathlon: Report

Reliance Retail is reportedly planning to challenge French retailer Decathlon with a new sports format as the Mukesh Ambani company aims to target the booming athleisure market. A report in the Economic Times claimed that Reliance Retail is planning to lease 8,000-10,000 sq ft spaces in prime locations across top cities for a yet-to-be-named brand as Mukesh Ambani looks to emulate Decathlon’s successful business model.