The entrepreneur Darshan Mehta died at the age of 64.
The message was announced by the Fashion Design Council of India on Instagram. “A legend is no longer among us,” writes the Indian industry association, who titled Mehta as “the retail king of India”.
The entrepreneur worked at Reliance Brands Limited for 17 years, a subsidiary of Reliance Industries Limited. According to various media, this company is the largest player on the Indian premium to luxury market. The company represents a portfolio of over 85 brands, including Valentino, Bottega Veneta, Burberry and Tiffany & Co. Mehta in recent years, has also been involved in investments in Indian brands such as Manish Malhotra, Rahul Mishra and Abraham & Thakore, reports the Business of Fashion Magazine.
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