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News

What 13 Years and 200 Retail Store Launches Have Taught Tory Burch About Leadership

Tory Burch, the founder and CEO of the billion-dollar brand of the same name, designed her company around purpose, social responsibility and women's empowerment. Along the way, Burch has used her wealth to bring her idea of casual high-end attire to life with the help of design experts such...


Long Live the High Street: How AI Is Transforming Brick-&-Mortar Retail

Not only are you arming customers with access to a wealth of knowledge, you're augmenting your staff with a reliable, always-on digital colleague who can provide whatever information is required in real time and make sure the customer's journey from initial fact finding, to making the purchase, is as...


Beijing retail veteran says market still strong for 'fresh' shopping experiences

As China's internet titans continue talking up the concept of "New retail", which promises to transform the country's shopping landscape using cutting-edge digital technology, it is easy to see why many think big data now holds the key to understanding and grasping the country's consumer spending patterns. Oliver KH...


Fashion brands put the focus on retail

Fashion brands including Michael Kors, Alice + Olivia and Gucci are shifting their focus from wholesale deals to direct-to-consumer retail efforts. "We're putting a lot more focus on our customer now, because to understand them means to serve them better, which needs to grow," said Andrew Rosen, CEO of...


Canali Brings Its Italian Designs to Chinese E-commerce

Italian menswear brand Canali is entering a new partnership that will see its designs sold on e-commerce hub Secoo. The Canali online store has gone live on September 14, offering a variety of high-end menswear such as suits, coats, knitwear, jackets, shirts, pants and accessories. Secoo's Canali offering will...


Interview with Forte Fitness CEO Lauren Foundos on the future of fitness distribution and commerce

Interview with Forte Fitness CEO Lauren Foundos on the future of fitness distribution and commerce...


Interview with b8ta founder and president Phillip Raub on building the platform for the future of retail

I spoke with Phillip Raub, founder and president of b8ta, the startup that's building a platform to build modern physical retail experiences on top of. B8ta has shown that the traditional mold of what a retail experience was can be broken and re-constructed successfully, and now some of the...


EU regulators want to make sure Amazon isn't undercutting sellers, commissioner says

Margrethe Vestager, the European Commissioner for Competition, told CNBC's Sara Eisen that one of her agency's primary goals in the Amazon investigation to protect consumers by ensuring competition and innovation. EU regulators are questioning Amazon merchants about whether the company is using seller data to its advantage by replicating...


L'Oréal China Sees Opportunity in Makeovers for Millions of Men

The Chinese arm of the beauty company is teaming with Alibaba to focus on China’s male-grooming industry....


Why Silicon Valley Should Fear Europe's Competition Chief

In an interview with WIRED's editor in chief, Margrethe Vestager says Amazon, Apple, Google, and other tech giants can’t use their success to harm rivals....


Myntra looks to start offline stores while Flipkart pumps in more money in India: last week in business

Flipkart aggressively vying for top sales in upcoming festive season. Ahead of the festive season, Flipkart is gearing up to fiercely compete with fellow retailer Amazon. Flipkart's Singapore entity has channelled Rs 34.63 billion into its main Indian e-commerce unit Flipkart Internet. Flipkart is aiming to at least secure...


Walmart India Launches Its 22nd Cash And Carry Store In Ludhiana

Walmart India a subsidiary company of Walmart Inc launched its 22nd Cash ... According to reports, the new store of Walmart is a B2B e-commerce ......


JD.com Pledges to Open 1000 High Tech Supermarkets Within Five Years

China's second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next three to five years, stepping up its competition with Alibaba and Tencent to dominate the mainland grocery business. Wang Xiaosong, CEO of JD.com, 7Fresh Supermarket unit declared the company's plan to...


Who Needs the US? Alibaba Will Make Its Own Computer Chips

In an effort to minimize dependence on US technology, China e-commerce and tech giant Alibaba announced this week it would be developing its own artificial intelligence chips for powering cloud computing and internet-connected devices. Alibaba and most other Chinese companies were apparently spooked by what happened to ZTE, which...


Interview with MPP Global SVP Melissa Pegus on subscription commerce, media business dynamics and workplace diversity

Melissa has an extensive background in e-commerce and subscription business models and currently a member of the senior executive team at MPP. Subscription commerce is a growing trend among brands and retailers and MPP helps companies with the payment as well as other aspects of the subscription mode. Subscription...


Interview with Michael Klein Director of Strategy at Adobe on Experience Cloud Developments, Conversational Commerce and more

In yet another fascinating conversation with Michael Klein Director of Industry Strategy at Adobe we discuss the Magento acquisition, a smaller voice acquisition and a lot moe key topics on how the world of retail, online and offline is changing. Adobe is one company you can bet will never...


Vegan meal delivery startup Allplants is served £7.5M Series A funding

Allplants, a London-based startup that delivers ready-made "Plant-based" meals, has raised £7.5 million in Series A funding. The round is led by VC firm Octopus Ventures, which was an early backer in healthy snack delivery company Graze. Allplants reckons it is the U.K.'s largest Series A round for a...


Neiman Marcus maps out 4-year growth plan

Neiman Marcus Group has a four-year plan to grow sales at its retail banners including Neiman Marcus, Bergdorf Goodman and La -More
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This California Billionaire Knows What Shoppers Want

Los Angeles-based real-estate mogul Rick Caruso operates some of the most productive shopping centres on the planet. What does he know that the rest of retail doesn’t?...


Another revolution for the offline retail world?

Travel agencies have been pronounced dead for decades - yet they still survive, and many thrive, an illustration of how much consumers still value the human touch in their travel planning. We now enter a new era of technology-led services, many of which are predicted to fundamentally change how...