77
Fashion Jobs
BEIERSDORF
Sales Representative North Greece (Based in Thessaloniki)
Permanent · ATHENS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · THESSALONIKI
L'OREAL GROUP
Senior Product Manager Maybelline – Consumer Products Division
Permanent · NEA IONIA
CLINIQUE
Consumer Marketing Manager, Clinique
Permanent · ATHENS
LA MER
Consumer Marketing Executive, LA Mer
Permanent · ATHENS
TOM FORD
Consumer Marketing Manager Tom Ford
Permanent · ATHENS
L'OREAL GROUP
Beauty Advisor
Permanent · THESSALONIKI
L'OREAL GROUP
Nyx pm Beauty Advisor (Attiki)
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · CHALANDRI
ESTÉE LAUDER COMPANIES
Fixed Assets & Decorations Supervisor
Permanent · ATHENS
SEPHORA
Accounting
Permanent · ATHENS
SEPHORA
Category Specialist
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Mare West) - Μερική Απασχόληση
Permanent ·
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · PIRAEUS
H&M
Hiring Day Chania - Sales Advisors
Permanent · CHANIA
MAD LORDS
Sales Assistant Scorpios Mykonos
Fixed-term · MYKONOS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · MAROUSI
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Metro Mall) - Μερική Απασχόληση
Permanent · AGIOS DIMITRIOS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALAMATA
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · NEA IONIA
GUESS
Sales Advisor (Greece)
Permanent · ATHENS
By
Reuters
Published
Aug 14, 2019
Reading time
2 minutes
Download
Download the article
Print
Text size

Amazon in talks to buy up to 10% stake in Future Retail

By
Reuters
Published
Aug 14, 2019

Amazon.com Inc is in late-stage talks to buy as much as 10% of India’s Future Retail Ltd, Bloomberg reported on Tuesday, citing people familiar with the matter.


Amazon in talks to buy up to 10% stake in Future Retail - Reuters


The move comes as Amazon is looking to expand its reach in the Indian brick-and-mortar market, about a year after retailer Walmart Inc bought a majority stake in Indian e-commerce firm Flipkart.

An Amazon spokeswoman declined to comment on the deal, saying the company does not comment about “what we may or may not do ahead.”

Future Group is seeking a valuation of about 20 billion rupees ($281 million) from Amazon for the stake, according to the report. The retail group currently operates more than 900 stores in India and owns nine supermarket brands, including Big Bazaar.

Seattle-based Amazon was also in talks with Reliance Industries Ltd’s retail unit to buy a stake in India’s biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters earlier this month.

Future Group did not immediately respond to Reuters request for comment.

The world’s largest online retailer has been slowly building up stake in brick and mortar stores in India. Deloitte expects India’s fast-growing e-commerce market to more than treble to $84 billion between 2017 and 2021.

Amazon bought a 5% stake in Indian retailer Shoppers Stop Ltd in 2017 and a year later picked up stake in grocery chain More.

In the United States, Amazon started embracing brick-and-mortar stores after its 2017 purchase of high-end grocer Whole Foods Market Inc for $13.7 billion.

© Thomson Reuters 2024 All rights reserved.