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Discussion between Amazon Flipkart with Aditiya Birla Fashion to acquire minor stake Tag

Daily Market Analysis

Daily Market Analysis – 22nd Oct 2020

byKhushboo GuptaOctober 22, 2020

Ecommerce Giant Amazon and Walmart owned Flipkart Group had a separate discussion with Aditya Birla Fashion & Retail (which owns brands like Pantaloons, Allen Solly & Peter England) to acquire a minor stake. According to the sources, offline retailers specifically in the fashion & apparel segment, have been severely hit by the covid 19 pandemic & the resulting...