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Alibaba Has to Change Mindset for Global Expansion
Alibaba switches focus to brick-and-mortar shops in the department store sector as part of global expansion, weeks after Amazon closes deal with Whole Foods Ltd.
Qatar Sovereign Wealth Fund Sells $417 Million Stake in Tiffany
The Qatar Investment Authority sold 4.4 million shares in a block sale as the gas-rich nation’s standoff with neighbouring countries exceeds 100 days.
J.C. Penney Misses Out on 3,300% Rally as Dumped Asset Skyrockets
Lojas Renner SA, the Brazilian retailer that J.C. Penney divested in 2005 for $230 million, is now worth $7.9 billion, as shoppers continue to buy in brick-and-mortar stores.
Nordstrom Shares Jump on Report That Leonard Green May Fund Buyout
Shares in the American retail giant surged as much as 12 percent to $50.30 following reports of a buyout, after its store concept received a chilly reception from investors.
How Nike Sneakers Made a Billionaire of Park Yen-cha
The South Korean entrepreneur, who manufactures 60 million pairs of Nikes annually, has a net worth of $1.3 billion according to the Bloomberg Billionaires Index.
Op-Ed | What E-Tailers Can Learn From Netflix
Personalisation is an effective marketing tool for online retailers, but they're bad at making use of it.
Nordstrom Declines After No-Merchandise Store Puzzles Investors
Shares fell by 5.4 percent as the company announced a "Neighbourhood-hub" shop, that will include personal stylists and manicure stations, but no purchasable clothes.
Target Investing $7 Billion in Future
As part of the strategy, the company is launching more than 12 new brands.
Great Bowery, Freshly Founderless, Dives into Film Production
The super-agency is launching a new in-house film division just four months after founder Matthew Moneypenny stepped down amidst reports of disagreements with the investor.
How Fashion’s Most Talked-About Start-Ups Are Actually Performing
From Rent the Runway to Refinery 29, BoF separates the break-outs from the flameouts.