- Amazon has sent a legal notice to Future Group, India’s second-largest retail chain, for breaching the terms of its contract by selling a significant portion of the business to Ambani’s Reliance Retail.
- Future Group, which kick-started its journey as a stonewashed-fabric seller in the 1980s, served millions of customers through more than 1,500 stores in more than 400 cities as of earlier this year.
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- India’s Reliance Retail to acquire Future Group’s units for $3.4 billion
- Amazon has filed a legal notice against Future Group, India’s second largest retail chain, for selling a large portion of its business to Reliance Retail
