Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
mobile-commerce
Global Markets
In Land of Fakes, Chinese E-Commerce Giant Sells Trust
JD.com has emerged as Alibaba's strongest challenger in a Chinese e-commerce market that consulting firm Forrester says could grow to $1 trillion in annual sales by 2020.
Technology
Bits & Bytes | Startups, VFiles, 3D Printing, Warby Parker
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Global Markets
For Most, North Korean Online Shopping Not Just a Click Away
Online shopping has arrived in North Korea, though it's as isolated from the rest of the world as the country itself, and the vast majority of North Koreans lack the technology to use it.
Retail
JD.com Gains as Gap Deal Boosts Sales
JD.com Inc. led Chinese e-commerce companies higher in New York after announcing that Gap Inc., the largest U.S. retail chain focused on apparel, opened a store on its sales platform.
Technology
Logistics Are Holding India’s E-Commerce Companies Back
E-tail is hugely promising for Amazon and Snapdeal in India—but it often doesn’t deliver.
Technology
Mobile Payment Services Offer Holiday Deals
PayPal and Google Wallet are offering deals and discounts to entice customers to use their services. The promotions come as competition among such services intensifies, with the recent launch of Apple Pay.
Technology
Indian Retailers Hobble Online as E-Commerce Firms Race Ahead
The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online.
Technology
Shop Windows Go Digital as Dummies Get Smarter to Boost Sales
LONDON, United Kingdom — Dummies just got smarter. Three years after fashion retailers started outfitting mannequins with cameras to monitor
Technology
China's Central Bank Halts Tencent, Alibaba Mobile Payment Process
HONG KONG, China — China's central bank demanded on Friday that payments made by scanning a bar code with mobile devices be halted, hitting the
News & Analysis
Mobile Shopping App Paytm Challenges E-Commerce Rivals In India, As Smartphone User Base Explodes
"India’s nearly 100 million smartphone users are beginning to shop online at a pace that the country’s biggest e-commerce companies such as Flipkart
News & Analysis
Smartphone Payment System to be Rolled out in The UK
"Smartphone users with accounts at nine of Britain’s biggest banks will soon be able to pay people based only on their mobile phone number by using a
News & Analysis
Considered consumerism, Affordable luxe gains, How online private sales work, Mobile blueprint, iPad’s future
Mary Portas: from fast fashion to a more considered consumerism (Telegraph) "Three things have contributed to this: the financial crisis, the
The News in Brief
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Zegna to Take Summer Fashion Show to Beijing
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.
Audemars Piguet to Certify Its Pre-Owned Watches Following Rolex
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.