×
74 642
Fashion Jobs
URBN
Free People Junior Account Executive - la Showroom
Permanent · LOS ANGELES
URBN
Urban Outfitters Buyer - Dresses
Permanent · PHILADELPHIA
COLUMBIA
Global Merchandising Manager – Equipment & Accessories
Permanent · PORTLAND
SOREL
Director, Ecommerce
Permanent · PORTLAND
OLD NAVY
General Manager - Eastchase Plaza
Permanent · MONTGOMERY
JCPENNEY
Asset Protection Manager, Holyoke, ma
Permanent · Holyoke
NORDSTROM
Asset Protection - Security Ambassador - Northshore
Permanent · Peabody
NORDSTROM
Asset Protection - Agent - Belle Isle Station Rack
Permanent · Oklahoma City
NORDSTROM
Asset Protection - Agent - City Creek Center
Permanent · Salt Lake City
RALPH LAUREN
General Manager
Permanent · Southampton
URBN
pv Rittenhouse | Assistant General Manager (m&v)
Permanent · PHILADELPHIA
URBN
Free People Assistant Visual Manager
Permanent · NASHVILLE
SACKS
Lead, Inventory Control And Quality Insurance, 2nd Shift
Permanent · WILKES-BARRE
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Warsaw
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · North Andover
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Saint Joseph
KOHLS
Senior Product Manager, Marketplace, Remote
Permanent · Menomonee Falls
SALLY BEAUTY CORPORATE
00014 Certified Color Consultant
Permanent · LOS ANGELES
SALLY BEAUTY CORPORATE
Usa-100598-Product Owner - Digital
Permanent · DENTON
SALLY BEAUTY CORPORATE
Usa-100598-Product Owner - Digital
Permanent · DENTON
DECKERS
Stock Operations Lead, Ugg
Permanent · WHITE PLAINS
BLOOMINGDALE'S
Manager, Sales - Shoes/Handbags
Permanent · HUNTINGTON STATION
By
Reuters
Published
Mar 4, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Amazon, Future Group agree to talks, aim to resolve bitter legal dispute

By
Reuters
Published
Mar 4, 2022

Amazon.com Inc and India's second-largest retailer Future Group have agreed to talks, seeking to resolve legal wrangles at the heart of a battle for supremacy in the country's vast retail sector.


Amazon, Future Group agree to talks, aim to resolve bitter legal dispute - Reuters


In an unexpected move on Thursday, Amazon counsel Gopal Subramanium suggested at a Supreme Court hearing that the two sides negotiate, saying the "whirlpool" of disputes fought on multiple fronts had been dragging on for too long.

"All that I'm saying is let us at least have a conversation. We cannot allow the spinners' wheel to continue like this. Please consider this," Subramanium said.

"We must agree, discuss ... come face-to-face and discuss the best possibilities."

Counsel for Future Group agreed to the talks, saying "nobody is winning in this battle." The judges said the two sides can take 10 days to reach a possible solution.

Amazon has successfully stalled Future's $3.4 billion asset sale to Indian rival Reliance since 2020, accusing its business partner of violating certain contracts. Future denies any wrongdoing, but the U.S. firm's position has been backed by a Singapore arbitrator and Indian courts. 

Amazon's olive branch comes just days after Reliance started seizing control of around 500 Future stores, rebranding them as their own outlets despite the ongoing legal disputes. 

Reliance had previously transferred leases of some of Future's flagship supermarkets to its name, but allowed Future to still operate them. Reliance has now begun to take possession of the prized real estate after Future failed to make rental payments to it, sources say. 

© Thomson Reuters 2023 All rights reserved.