Edelweiss in talks to sell Future Lifestyle’s Cover Story to Reliance Retail

Future Lifestyle Fashions Ltd NSE -4.88 % (FLF) lender Edelweiss NSE -2.46 % is in the final stages of negotiations with Reliance NSE 0.94 % Retail to sell fast-fashion brand Cover Story for Rs 200 crore while the Kishore Biyani-owned retail firm is in talks with Thrasio-style GOAT Brand Labs and Mensa Brands to sell apparel labels Jealous 21 and aLL, said people with knowledge of the developments.