Reliance Retail invests in UK-based beauty brand FaceGym

Reliance Retail Ventures Limited (RRVL) announced a strategic minority investment in UK-based Facegym, a global facial fitness and skincare innovator, marking a significant step in RRVL's growth in the high-growth beauty and wellness sector. The partnership aims to introduce Facegym's signature facial workouts to India through standalone studios and select Tira stores. RRVL will spearhead Facegym's market development in India over the next five years, leveraging its robust retail ecosystem and consumer insights. Facegym, founded by Inge Theron, is known for its non-invasive facial workouts and advanced skincare formulations. RRVL reported a consolidated turnover of INR3,30,870 crore and EBITDA of INR25,053 crore for the year ended March 31, 2025.