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Amazon Objections Can’t Stop India’s $3.5B Retail Mega Deal

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Amazon’s opposition couldn’t stand in the way of two Indian retail giants moving ahead with their merger. Indias’ largest retail group, Reliance Retail got the go ahead to acquire Future Group, the nation’s No. 2, in a deal valued at $3.4 billion. The two agreed to the deal in August, pending regulatory approval, which the…

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