The K Raheja-owned Shoppers Stop is going full throttle ahead after its deal with Future Retail and Amazon last year. The company is looking at adding more beauty stores and increasing the share of private lables and multi-channel sales to boost growth. Govind Shrikhande, its managing director, tells Raghavendra Kamath in a interview. Edited excerpts:
Can you share the update on the deal with Amazon?
Can you share the update on the deal with Amazon?
We received Rs 1.79 billion from Amazon, and allotted it a 5 per cent stake in the company (Shoppers Stop). Second, our catalogue is live on Amazon, and by June, our full catalogue will