By Joe Fotalattee
Mr. Le Hung, Chairman of the Board of Directors of Binh Thanh Import-Export Production and Business Joint Stock Company (Gilimex, stock code GIL), announced a lawsuit against Amazon. Gilimex produces textiles for things like clothing, bags, and backpacks.
Mr. Hung said Amazon has been a client since 2014, but has “violated the commitment that the two sides have agreed upon”.
The business is suing Amazon to safeguard its interests as stated in the agreement.
Gilimex reportedly sued Amazon in New York State Court (USA) on Monday for $280 million (more than VND 6,580 billion) in damages. This information was provided by Bloomberg News.
The news agency claims that in light of the company’s recent rapid expansion, this lawsuit offers a unique perspective on Amazon’s interactions with suppliers.