Flipkart in talks to buy stake in Future Group's fashion arm
E-commerce major Flipkart is in talks with Future Group's CEO Kishore Biyani to buy 8-10% stake in its fashion arm, Future Lifestyle Fashions (FLF). Flipkart-owned Myntra, which is also focussed on fashion is most likely the avenue for the partnership, reports said. Future Lifestyle owns and markets fashion brands including Lee Cooper, Indigo Nation, John Miller and Jealous 21. 