Bernard Arnault Joins X as LVMH CEO Fights Off Rumours of Family Disunity
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
mobile-commerce
News & Analysis
China’s M-Commerce Explosion Drives 32 Percent Singles’ Day Sales Growth
"$14.6 billion of the orders were made on mobile devices, taking up about 82 percent of all orders and marking 657 million different deliveries."
China’s M-Commerce Explosion Drives 32 Percent Singles’ Day Sales Growth
"$14.6 billion of the orders were made on mobile devices, taking up about 82 percent of all orders and marking 657 million different deliveries."
Technology
Bits & Bytes | Fake Retail Apps on the Rise, How to Maximise Mobile Retail
This week, fake retail apps surge in the run up to the holidays and how to make use of mobile retail, as it overtakes desktop for the first time.
Bits & Bytes | Fake Retail Apps on the Rise, How to Maximise Mobile Retail
This week, fake retail apps surge in the run up to the holidays and how to make use of mobile retail, as it overtakes desktop for the first time.
China
The China Edit | Hong Kong's Homegrown Talent, Rise of Domestic Shopper
This week, China looks to its homegrown talent in Hong Kong to drive the future growth of its fashion industry, and the owners of outlet park Bicester Village take a bet on growing demand from domestic Chinese consumers by opening a second outlet park.
The China Edit | Hong Kong's Homegrown Talent, Rise of Domestic Shopper
This week, China looks to its homegrown talent in Hong Kong to drive the future growth of its fashion industry, and the owners of outlet park Bicester Village take a bet on growing demand from domestic Chinese consumers by opening a second outlet park.
Technology
Yoox Net-A-Porter's Plan to Become a Mobile-Only Company
Since the two companies joined last year, chief executive officer Federico Marchetti has invested in new technology.
Yoox Net-A-Porter's Plan to Become a Mobile-Only Company
Since the two companies joined last year, chief executive officer Federico Marchetti has invested in new technology.
News & Analysis
Why Chat May Be King Of The New Mobile Landscape
"Tech giants and hopefuls alike are betting on messaging apps—and conversational interface—as the future of mobile."
Why Chat May Be King Of The New Mobile Landscape
"Tech giants and hopefuls alike are betting on messaging apps—and conversational interface—as the future of mobile."
Technology
Op-Ed | Why Brands Must Build ‘Mobile-Up’
Mobile enables powerful one-to-one interactions between brands and customers, but tapping the opportunity requires rethinking much more than just front-end experience, argues Stephan Schambach.
Op-Ed | Why Brands Must Build ‘Mobile-Up’
Mobile enables powerful one-to-one interactions between brands and customers, but tapping the opportunity requires rethinking much more than just front-end experience, argues Stephan Schambach.
Technology
Smartphones Overtake Computers as Top E-Commerce Traffic Source
Smartphones have surpassed computers as the top source for e-commerce as it accounted for 45.1 percent of web-shopping traffic in the first quarter of this year, edging out computers at 45 percent.
Smartphones Overtake Computers as Top E-Commerce Traffic Source
Smartphones have surpassed computers as the top source for e-commerce as it accounted for 45.1 percent of web-shopping traffic in the first quarter of this year, edging out computers at 45 percent.
Technology
The Mobile Commerce Gap
While nearly two-thirds of online shopping in the US happens on mobile devices, the channel only accounts for 19 percent of sales.
The Mobile Commerce Gap
While nearly two-thirds of online shopping in the US happens on mobile devices, the channel only accounts for 19 percent of sales.
Technology
Smartphones Overtake Desktops for Holiday Shopping
For the first time, more people will visit retailers' web sites through their smartphones than on desktop computers or tablets during the holiday shopping season that begins on Thanksgiving Day.
Smartphones Overtake Desktops for Holiday Shopping
For the first time, more people will visit retailers' web sites through their smartphones than on desktop computers or tablets during the holiday shopping season that begins on Thanksgiving Day.
Technology
Apple Plans to Launch Apple Pay in China by February
Apple Inc plans to launch its mobile payment system Apple Pay in China by early February, according to inside sources.
Apple Plans to Launch Apple Pay in China by February
Apple Inc plans to launch its mobile payment system Apple Pay in China by early February, according to inside sources.
Technology
Trillenium Takes Virtual Reality into Online Shopping
Trillenium creates virtual stores for brands aimed at marrying the experience of real-life shopping with the convenience of e-commerce on smartphones and computers.
Trillenium Takes Virtual Reality into Online Shopping
Trillenium creates virtual stores for brands aimed at marrying the experience of real-life shopping with the convenience of e-commerce on smartphones and computers.
Technology
A Hundred Apps Bloom in China as Millions Bank on Their Phones
Financial innovation is bubbling up around the globe, but China is where digital banking, investing, and lending have gone mainstream.
A Hundred Apps Bloom in China as Millions Bank on Their Phones
Financial innovation is bubbling up around the globe, but China is where digital banking, investing, and lending have gone mainstream.
The News in Brief
CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.