Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
logistics
Global Markets
Hedge Funds Dump Alibaba for Smaller Rival Growing Twice as Fast
Less than a year ago investors were scrambling to pick up shares in Alibaba Group Holding Ltd. Now sentiment is changing as JD.com Inc., its smaller competitor, is becoming a hedge fund favorite.
Hedge Funds Dump Alibaba for Smaller Rival Growing Twice as Fast
Less than a year ago investors were scrambling to pick up shares in Alibaba Group Holding Ltd. Now sentiment is changing as JD.com Inc., its smaller competitor, is becoming a hedge fund favorite.
Retail
Macy's Expands Same Day Delivery to 17 Cities as It Challenges Amazon
Macy's Inc said it will expand same day delivery services to nine cities and metropolitan areas this month, pushing into an aggressive field dominated by e-commerce giant Amazon.com Inc.
Macy's Expands Same Day Delivery to 17 Cities as It Challenges Amazon
Macy's Inc said it will expand same day delivery services to nine cities and metropolitan areas this month, pushing into an aggressive field dominated by e-commerce giant Amazon.com Inc.
Technology
EBay Ends Same-Day Delivery in US in Face of Amazon Effort
EBay Inc. is killing its US same-day delivery service EBay Now, an acknowledgment it won’t try to match the speedy delivery of e-commerce giant Amazon.com Inc.
EBay Ends Same-Day Delivery in US in Face of Amazon Effort
EBay Inc. is killing its US same-day delivery service EBay Now, an acknowledgment it won’t try to match the speedy delivery of e-commerce giant Amazon.com Inc.
Global Markets
Alibaba, Unilever Announce Partnership to Reach Chinese Consumers
Alibaba Group Holdings Ltd announced on Sunday that it had signed a strategic partnership agreement with Unilever NV to help the consumer products group reach more Chinese shoppers.
Alibaba, Unilever Announce Partnership to Reach Chinese Consumers
Alibaba Group Holdings Ltd announced on Sunday that it had signed a strategic partnership agreement with Unilever NV to help the consumer products group reach more Chinese shoppers.
Technology
Bits & Bytes | EBay in $925M Deal, Amazon's Prime Day, Rakuten's Virtual Reality
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | EBay in $925M Deal, Amazon's Prime Day, Rakuten's Virtual Reality
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Technology
Op-Ed | Internet Access Will Transform Fashion in Africa
Logistical obstacles may still plague Africa’s fashion market, but progress in IT is already having a big impact, argues Fatoumata Ba.
Op-Ed | Internet Access Will Transform Fashion in Africa
Logistical obstacles may still plague Africa’s fashion market, but progress in IT is already having a big impact, argues Fatoumata Ba.
Global Markets
Wal-Mart to Bring In-House Some Sourcing Handled by Li & Fung
Wal-Mart Stores Inc, the world's largest retailer, said it has decided to bring in-house some of the product sourcing that has been handled by Direct Sourcing Group (DSG), a unit of Hong Kong's Li & Fung Ltd.
Wal-Mart to Bring In-House Some Sourcing Handled by Li & Fung
Wal-Mart Stores Inc, the world's largest retailer, said it has decided to bring in-house some of the product sourcing that has been handled by Direct Sourcing Group (DSG), a unit of Hong Kong's Li & Fung Ltd.
Retail
Off-Price Retailers Strike Gold From West Coast Slowdown
Not every US retailer has cause to complain about the West Coast port disruptions. For those focused more on price than the latest fashion, the delivery backlog caused by the slowdown could be a treasure trove.
Off-Price Retailers Strike Gold From West Coast Slowdown
Not every US retailer has cause to complain about the West Coast port disruptions. For those focused more on price than the latest fashion, the delivery backlog caused by the slowdown could be a treasure trove.
Retail
Wal-Mart Eyes Amazon in Potentially Costly E-Commerce Battle
Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points.
Wal-Mart Eyes Amazon in Potentially Costly E-Commerce Battle
Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points.
Global Markets
China's Impact Looms Large as US Debates its Own Trade Deals
There's intense competition between the US and China for economic influence in the world. As Obama seeks to persuade lawmakers to back his trade agenda, he has cast that competition as an economic threat.
China's Impact Looms Large as US Debates its Own Trade Deals
There's intense competition between the US and China for economic influence in the world. As Obama seeks to persuade lawmakers to back his trade agenda, he has cast that competition as an economic threat.
News & Analysis
Opening Ceremony Signs Footwear License with Aldo Product Services
Opening Ceremony has signed a global licensing agreement with Aldo Product Services to expand its footwear range.
Opening Ceremony Signs Footwear License with Aldo Product Services
Opening Ceremony has signed a global licensing agreement with Aldo Product Services to expand its footwear range.
Global Markets
JD.Com Rises to Record as Chinese E-Commerce Stocks Gain in U.S.
JD.com jumped to a record as Chinese e-commerce companies advanced in New York amid speculation they’ll continue to benefit from growth in online sales in the country.
JD.Com Rises to Record as Chinese E-Commerce Stocks Gain in U.S.
JD.com jumped to a record as Chinese e-commerce companies advanced in New York amid speculation they’ll continue to benefit from growth in online sales in the country.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.