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News & Analysis

Watch Out Wal-Mart. Amazon Is Coming After the Grocery Business

SEATTLE, United States — For years, Wal-Mart Stores Inc. has followed Amazon.com Inc., putting inventory online and starting its own version of a


Retail

Alibaba CEO Eyes $4 Trillion Offline Market by Being Middleman

The nation’s biggest e-commerce company is building a network that would allow physical stores and the brands they sell to monitor transactions as they happen.


China

JD.com Steps Up Spending on Areas Outside E-Commerce

JD.com Inc. is going to keep investing outside of its main e-commerce operations in order to build its business and deliver long-term profitability.


News & Analysis

MatahariMall.com Raises $100 Million to Expand in E-Commerce

The company raised $100 million in equity financing from investors led by Mitsui & Co. as it seeks to bolster its share of the nation’s e-commerce market.


Beauty

GHD Acquired for $511 Million by Coty

Coty Inc. agreed to buy the London-based hairstyling-appliances company GHD for £420 million ($511 million) in cash, expanding its offerings in the professional hair category.


Financial Markets

Fast Retailing Forecasts Full-Year Profit to Rise 37 Percent

The owner of the Uniqlo casual-wear chain is recovering from a slump in the last fiscal year by committing to lower prices to win back customers.


China

Alibaba Sees ‘Tremendous’ Challenge for Pure E-Commerce Business

The Hangzhou-based company is moving into untapped rural regions, exploring markets abroad and investing in online media and cloud computing to tap new sources of revenue.


Retail

Will Anthropologie Win Where Traditional Department Stores Have Failed?

URBN-owned Anthropologie is taking its experiential retail concept to the next level, integrating dining, beauty and home goods within 30,000-square-foot superstores.  


News & Analysis

New CEO Takes Reins at Christopher Kane

Nikolas Talonpoika succeeds Sarah Crook, becoming Christopher Kane’s third chief executive in two years.


China

Alibaba Pictures, Amblin to Co-Produce Films

Billionaire Jack Ma's Alibaba Group paid about $800 million for a controlling stake in ChinaVision Media in 2014. The company later became known as Alibaba Pictures.