Retail in Asia

In Trends

Biyani’s tie up with Amazon to help him boost sales, profits

Kishore Biyani’s Future group could generate higher volumes and improve profits through reduced fixed costs and supply-chain expenses if talks with Amazon go through. Biyani is in talks with Amazon to sell his private labels and sharing back-end facilities. On the other hand, Amazon would get a number of brands on its portal that would help it drive footfall, consultants said.