Apple’s Deal with Mukesh Ambani Owned Jio World Drive Mall for their 1st Retail Store
Deal Period - 11 Years
Store Space - 20,800 Square Feet
Rent - ₹42 Lakh Monthly
Revenue Share - 2% For the First 3 Years
Store Rent will Increase by 15% Every 3 Years
Interesting Find - Apple’s lease agreement bars 22 competing brands from occupying space or displaying any advertisement inside the exclusivity zone of the mall
These Brands Includes
•Amazon
•Facebook
•Google
•LG
•Microsoft
•Sony etc
Other Brands Include
•Bose
•Dell
•Devialet
•Foxconn
•Garmin
•Hitachi
•HP
•HTC
•IBM
•Intel
•Lenovo
•Nest
•Panasonic & Toshiba
By: via Telegram.me/AlliesFin #StockMarket #india
