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Financial Markets

Alibaba Rise Creates at Least 10 Billionaires

The individual's fortunes have emerged from Alibaba’s supporting industries such as payment systems and delivery companies, with a combined wealth totalling more than $52 billion.

Financial Markets

Alibaba Rise Creates at Least 10 Billionaires

The individual's fortunes have emerged from Alibaba’s supporting industries such as payment systems and delivery companies, with a combined wealth totalling more than $52 billion.


News & Analysis

Is Yoox Net-a-Porter Undervalued?

Despite increased competition from worthy rivals, many analysts argue that there is room for upside in the Yoox Net-A-Porter Group's share price.

News & Analysis

Is Yoox Net-a-Porter Undervalued?

Despite increased competition from worthy rivals, many analysts argue that there is room for upside in the Yoox Net-A-Porter Group's share price.


Retail

J.C. Penney's Same-Store Sales Beat Estimates

The department store chain said third-quarter comparable sales rose 1.7 percent, better than the 0.6 to 0.8 percent rise it had forecast last month.

Retail

J.C. Penney's Same-Store Sales Beat Estimates

The department store chain said third-quarter comparable sales rose 1.7 percent, better than the 0.6 to 0.8 percent rise it had forecast last month.


Retail

China's Deliverymen Face Robot Revolution as Parcel Demand Soars

Robots are among technologies revolutionising China's vast delivery industry, which is struggling to keep pace with 50 percent annual growth in parcel volumes amid staff shortages, tight competition and declining margins.

Retail

China's Deliverymen Face Robot Revolution as Parcel Demand Soars

Robots are among technologies revolutionising China's vast delivery industry, which is struggling to keep pace with 50 percent annual growth in parcel volumes amid staff shortages, tight competition and declining margins.


News & Analysis

Deborah Lloyd Exits Kate Spade, Nicola Glass Appointed Creative Director

Glass, who currently oversees accessories design at Michael Kors, was tapped by Tapestry, which acquired the brand in May.

News & Analysis

Deborah Lloyd Exits Kate Spade, Nicola Glass Appointed Creative Director

Glass, who currently oversees accessories design at Michael Kors, was tapped by Tapestry, which acquired the brand in May.


Financial Markets

YNAP Business 'Strong, Robust and Solid' Says CEO

Chief executive Federico Marchetti said revenue at Yoox Net-a-Porter this year will grow in the lower part of the expected 17 to 20 percent range due to logistics delays at The Outnet.

Financial Markets

YNAP Business 'Strong, Robust and Solid' Says CEO

Chief executive Federico Marchetti said revenue at Yoox Net-a-Porter this year will grow in the lower part of the expected 17 to 20 percent range due to logistics delays at The Outnet.


News & Analysis

How Dickies' Work Clothes Went From Reliable to High Fashion

Partnerships with Opening Ceremony and other brands have pushed the workwear stalwart to the centre of America’s fashion conversation — just in time for it to be scooped up by a massive clothing conglomerate.

News & Analysis

How Dickies' Work Clothes Went From Reliable to High Fashion

Partnerships with Opening Ceremony and other brands have pushed the workwear stalwart to the centre of America’s fashion conversation — just in time for it to be scooped up by a massive clothing conglomerate.


News & Analysis

Canadian Retailers Dogged by Aggressive US Rivals' Online Offerings

Canadian retailers risk missing out on strong consumer demand at a time of economic prosperity, if they fail to adapt to customer needs.

News & Analysis

Canadian Retailers Dogged by Aggressive US Rivals' Online Offerings

Canadian retailers risk missing out on strong consumer demand at a time of economic prosperity, if they fail to adapt to customer needs.


News & Analysis

Signa Sends Hudson's Bay Details of Financing for Kaufhof Bid

Signa's founder and chairman said the company believes it can complete the necessary due diligence to put together a deal for Germany's largest retail chain in two weeks, should Hudson's Bay decide to engage in negotiations.

News & Analysis

Signa Sends Hudson's Bay Details of Financing for Kaufhof Bid

Signa's founder and chairman said the company believes it can complete the necessary due diligence to put together a deal for Germany's largest retail chain in two weeks, should Hudson's Bay decide to engage in negotiations.


Global Markets

The Companies With the Most to Gain as China and Korea Make Up

The warming of relations between two of Asia’s biggest economies is a welcome sign for many companies caught in the middle of a year-long political standstill.

Global Markets

The Companies With the Most to Gain as China and Korea Make Up

The warming of relations between two of Asia’s biggest economies is a welcome sign for many companies caught in the middle of a year-long political standstill.