| The world's largest online retailer is tiptoeing into India, using cover from a comparison shopping site Junglee.com that it acquired 13 years ago. Amazon, whose moves have been closely watched for any sign of an imminent entry into the Indian retail market, will not sell or buy anything in the country for now. Instead, it will direct customers to both online and offline vendors listed on Junglee. "Its recent moves to set up a fulfillment centre (in Mumbai) and now the Junglee launch certainly look like precursors to a retail launch whenever the government allows FDI in multi-brand retail," said Devangshu Dutta, CEO of retail consultancy Third Eyesight. A legal expert at one of the country's largest law firms said Amazon was making a 'clever entry'. | |
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| Future Group-owned Indus-League Clothing has launched an exclusive Manchester United store in Mumbai. It is the Premier League club's first Manchester United store in India to market the League merchandise comprising apparels for adults and children, memorabilia and accessories. In the first phase, three standalone stores will be opened in Mumbai, Kolkata and New Delhi. Manchester United Merchandise is a high-end sportswear brand catering to its fan-base across the country. The company plans to have about six Manchester United merchandise stores in the coming year. | |
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| The Indian government has reportedly assured global retail giants Walmart and Metro that its retail reforms agenda is going ahead. The Indian government last week assured the international supermarket giants that its retail reforms are well on course, according to a news report. India's commerce and industry minister Anand Sharma has reportedly told Walmart president Doug McMillon and Metro board member Frans Muller that India's decision to put foreign direct investment (FDI) in multi-brand retail on hold was "just a pause" forced by coalition politics, when he met them at the World Economic Forum in Davos. | |
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