MoU22 May 2024, 11:03 pm
Kothari Industrial Corporation Signs Exclusive Distributor Agreement with Redford Footwear for 'RF COMFYTZ' Brand
AI Summary
Kothari Industrial Corporation (KICL) has entered into an exclusive distributor agreement with Redford Footwear (India) Pvt Ltd for the sale of the 'RF COMFYTZ' branded footwear product and its accessories through Amazon. The agreement is not a related party transaction, and KICL is expected to earn profitable margins through seller commissions on the Amazon platform.
Key Highlights
- Kothari Industrial Corporation enters exclusive distributor agreement with Redford Footwear
- Sale of 'RF COMFYTZ' branded footwear and accessories through Amazon with KICL's seller account
- Transactions not related party, profitable margins expected through seller commissions