Reliance Retail is planning to launch a brand new clothes and niknaks model retailer chain to compete instantly with quick vogue manufacturers Zara and H&M in India. “The new format, internally called Regalia, will be spread across 20,000-30,000 square feet, and the company could open six stores initially. They have finalised their store locations in Mumbai and Gurgaon (Gurugram) and have also signed properties in Hyderabad and Bangalore,” stated two individuals privy to the launch.