RIL reveals new brand identity for its sports & lifestyle business

Date: 2021-01-29   Author: Pankaj Singh  Category: #news

RIL reveals new brand identity for its sports & lifestyle business

Reliance Industries Ltd., also known as RIL, has recently announced its decision to rebrand its sports & lifestyle business. The new brand identity, RISE Worldwide Ltd., will aid the company’s ventures in the growing industries both domestically as well as globally.

According to a statement released by the company, the complete portfolio of brand properties owned and operated under the IMG-Reliance Ltd. banner will continue in RISE Worldwide.

The establishment of this independent brand identity is geared mainly towards enabling myriad verticals in the sports and lifestyle business, achieving operational autonomy and creating industry-driving strategies in the company’s goal to invest further in the segment.

A spokesperson from RISE Worldwide commented on the rebrand stating that RISE Worldwide is focusing on delivering comprehensive solutions for the lifestyle, entertainment and sports industries as an inclusive force for developing a mutual ecosystem that facilitates nation-building by inspiring the younger generation through various initiatives. The brand’s portfolio includes platform building for fashion & sustainability, sports & sponsorship consulting, licensing, athlete talent management lifestyle & entertainment and broadcast production.

The spokesperson added that the company is looking forward to the new development with renewed zeal. Building on the existing trust, knowledge and relationships of the industry, RISE is aiming at helping its partners reach out to their target audience effectively, and realizing their creative initiatives to provide consumers top-of-the-line experiences across the brand’s properties.

RIL is already the largest independent enterprise in India for lifestyle, sports and entertainment, with an audience of almost 150 million youth on social media platform.

The company has a roster of 6 cricketers under the Athlete Talent Management division, including Jasprit Bumrah, Rohit Sharma, Shikhar Dhawan, Hardik Pandya, Shreyas Iyer, and Krunal Pandya. It was also chosen to market the virtual inventory of the Australia tour of the Indian Cricket Team globally.

Additionally, the company also has a setup for broadcast production and is anticipating several sports production contracts worldwide.

Source Credit: https://www.freepressjournal.in/business/ril-rebrands-its-sports-lifestyle-business-as-rise-worldwide

 



About Author


Pankaj Singh linkdin-boxtwitter

Pankaj Singh

Pankaj Singh Develops content for Algosonline, Market Size Forecasters, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

Read More

Post Recommendents

Food Thickeners Market Share and Forecast, 2020 – 2026

Author: Rahul Varpe

This advanced report on the Food Thickeners Market includes an in-depth overview of this business sphere. Alongside, details of the present market size and status have been given. The report aims to provide substantial updates on the market, perta...


Plant-based Waters Market - Global Industry Analysis, Size, Share, Growth, Trends

Author: Rahul Varpe

This advanced report on the Plant-based Waters Market includes an in-depth overview of this business sphere. Alongside, details of the present market size and status have been given. The report aims to provide substantial updates on the market, pe...


Food Phosphate Market Demand Analysis and Projected Huge Growth by 2026

Author: Rahul Varpe

This advanced report on the Food Phosphate Market includes an in-depth overview of this business sphere. Alongside, details of the present market size and status have been given. The report aims to provide substantial updates on the market, pertai...