53
Fashion Jobs
ZALANDO
Head of Engineering - Emerging Propositions
Permanent · HELSINKI
VERO MODA
Myyjä (Vuorotteluvapaasijaisuus) Vero Moda Seinäjoki
Permanent · SEINÄJOKI
ESTÉE LAUDER COMPANIES
Beauty Advisor - Sokos Helsinki (Fulltime Temporary)
Fixed-term · HELSINKI
ESTÉE LAUDER COMPANIES
Full Time Beauty Advisor - Vantaa Airport, Helsinki
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Estee Lauder Companies - Multi Counter Manager - Stockmann, Turku
Permanent · TURKU
MUJI
Avoin Hakemus - Myymälä
Permanent · HELSINKI
MUJI
Avoin Hakemus - Ravintola
Permanent · HELSINKI
JACK & JONES
Myyjä Jack & Jones Helsinki Outlet
Permanent · HELSINKI
MANGO
Sales Assistant
Fixed-term · VANTAA
RITUALS
Sales Advisor (Summerextra) - Tampere - Ratina Shopping Center
Permanent · TAMPERE
RITUALS
Sales Advisor (Summerextra) - Vantaa - Jumbo
Permanent · VANTAA
JACK & JONES
Kesätöihin Myyjäksi Vero Moda / Jack & Jones Porvoo
Permanent · PORVOO
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Mikkeliin
Permanent · MIKKELI
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Ouluun
Permanent · OULU
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Vaasaan
Permanent · VAASA
MONKI
Sales Advisor, 10h (Summer Help Temporary)
Fixed-term · VANTAA
VERO MODA
Myyjä Vero Moda Seinäjoki Idepark
Permanent · SEINÄJOKI
ESTÉE LAUDER COMPANIES
MAC Make-up Artist (20h/Week) - Sokos Tampere
Permanent · TAMPERE
ESTÉE LAUDER COMPANIES
Beauty Advisor (30h/Week) - Stockmann Helsinki
Permanent · HELSINKI
MASSIMO DUTTI
Sales Assistant Massimo Dutti, Helsinki
Permanent · HELSINKI
H&M
Sales Advisor, 15h - Kesätyö
Permanent · SEINÄJOKI
H&M
Sales Advisor, 10h - Kesätyö
Permanent · KOTKA
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.