Amazon is increasing its global retail dominance, two new reports showed. And they also told us that brands mustn't top marketing or they risk being forgotten, while apparel brands will lose value this year.
Copenhagen Fashion Week has announced that – at least for the moment – it plans to maintain its current dates, and will take place in the first week of August 2020, bucking a recent trend of postponing seasons in Europe.
Hit by the Covid-19 crisis, Shanghai is staging the first-ever e-Fashion Week in partnership with Tmall, the site owned by Chinese e-commerce giant Alibaba, streaming live shows and other content until March 30.
Ikea on Tuesday started selling its products on Alibaba's Chinese e-commerce platform Tmall, the first time the world's biggest furniture retailer has sold through a third party in its 77-year history.
A month after its spin-off from its parent company was scrapped, the Gap-owned brand has revealed that it will be exiting the Chinese market in the next few weeks, citing plans to refocus its international strategy.
China's Alibaba Group and its fintech affiliate Ant Financial announced a string of top level executive changes on Thursday, amid an ongoing restructuring following the appointment of Daniel Zhang as chairman of Alibaba.