Future Retail
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Abhishek Kumar Singh Jan 05 2022 - 3 min readA prolonged conflict between US multinational company Amazon, and an Indian conglomerate Future Retail group, took a foothold when Future Retail petitioned an Indian court to declare arbitration on the whole matter. Founded by Mr. Kishore Biyani, Future Group is an Indian conglomerate, headquartered in Mumbai, Maharashtra, India. The group holds a strong grip in ...
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Franchise India Bureau Jul 05 2018 - 3 min readKishore Biyani is buying a significant stake in London-listed online fashion retailer Koovs.com, his latest attempt to crack the e-commerce fashion market after his unsuccessful 2016 bid to buy Jabong.com, that was subsequently bought over by Flipkart’s unit Myntra. Biyani’s Future Lifestyle Fashion will acquire about 30% stake in Koovs for about Rs 140 crore ...
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Franchise India Bureau Jun 08 2018 - 2 min readThe family office of Wipro founder Azim Premji, PremjiInvest has confirmed mega investment of $250 million, or Rs 1,700 crore, to pick up 6% in Kishore Biyani-led Future Retail. Premji bought shares from the Bharti Group in a block deal, the company informed the exchanges on Thursday. The largest in brick-and-mortar retail appeared in ...
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Franchise India Bureau May 28 2018 - 2 min readAs a part of its strategy to increase ten times more revenue to Rs 60,000 crore, country’s biggest retailer, Future Group is planning to open 10,000 small stores, its founder Kishore Biyani said, without specifying a time-frame. According to Biyani the company plans to dot the country with small-format ‘Easyday’ branded ...