Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
logistics
Luxury
What Kering's Cartier Deal Means for the Eyewear Market
Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.
What Kering's Cartier Deal Means for the Eyewear Market
Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.
News & Analysis
Alibaba Confirms Regional Logistics Hub in Malaysia
The company confirmed reports that it will set up a logistics hub in the Malaysian capital that will serve as the Chinese e-commerce company's regional distribution hub.
Alibaba Confirms Regional Logistics Hub in Malaysia
The company confirmed reports that it will set up a logistics hub in the Malaysian capital that will serve as the Chinese e-commerce company's regional distribution hub.
Financial Markets
Report: Jack Ma to Launch Alibaba Distribution Hub in Malaysia
The hub would be sited within a 24,700-acre development led by airport operator Malaysia Airports Holdings that is expected to generate more than $1.58 billion worth of domestic and foreign investments.
Report: Jack Ma to Launch Alibaba Distribution Hub in Malaysia
The hub would be sited within a 24,700-acre development led by airport operator Malaysia Airports Holdings that is expected to generate more than $1.58 billion worth of domestic and foreign investments.
News & Analysis
Amazon Plans $1.5 Billion Air Hub For Faster Orders
Amazon will employ 2,000 workers at the new facility when it opens at Cincinnati/Northern Kentucky International Airport.
Amazon Plans $1.5 Billion Air Hub For Faster Orders
Amazon will employ 2,000 workers at the new facility when it opens at Cincinnati/Northern Kentucky International Airport.
News & Analysis
Wal-Mart Ditches Subscription Model for Free Two-Day Shipping
The company will refund the $49 annual fee for all active memberships in its ShippingPass programme.
Wal-Mart Ditches Subscription Model for Free Two-Day Shipping
The company will refund the $49 annual fee for all active memberships in its ShippingPass programme.
News & Analysis
Report: Alibaba Considering European Logistics Centre in Bulgaria
Representatives of Alibaba Group, GS-Solar Company and GoldPoly Group met Bulgarian Prime Minister Boyko Borisov on Wednesday to explore investment opportunities, the government said in a statement.
Report: Alibaba Considering European Logistics Centre in Bulgaria
Representatives of Alibaba Group, GS-Solar Company and GoldPoly Group met Bulgarian Prime Minister Boyko Borisov on Wednesday to explore investment opportunities, the government said in a statement.
News & Analysis
Amazon Doubles Deliveries in 2016 for Third-Party Sellers
Amazon.com Inc shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall.
Amazon Doubles Deliveries in 2016 for Third-Party Sellers
Amazon.com Inc shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall.
China
Maersk to Team up with Alibaba on Online Booking Service for Ship Space
The world's largest container shipping line Maersk has teamed up with Alibaba to allow shippers of goods to reserve space on its vessels through the Chinese e-commerce giant, in a move that bypasses traditional middleman freight forwarders.
Maersk to Team up with Alibaba on Online Booking Service for Ship Space
The world's largest container shipping line Maersk has teamed up with Alibaba to allow shippers of goods to reserve space on its vessels through the Chinese e-commerce giant, in a move that bypasses traditional middleman freight forwarders.
News & Analysis
Shippers, Online Retailers Seek Way Around Rising Delivery Costs
Online retail sales are expected to reach $392.5 billion this year, but with US consumers now demanding free shipping on most packages, shippers and retailers are facing a squeeze.
Shippers, Online Retailers Seek Way Around Rising Delivery Costs
Online retail sales are expected to reach $392.5 billion this year, but with US consumers now demanding free shipping on most packages, shippers and retailers are facing a squeeze.
News & Analysis
Amazon Delivery Contractor to Pay $100,000 in Back Wages
An Amazon.com Inc delivery contractor in New York City has agreed to pay $100,000 in back wages to drivers after making deductions for lunch breaks that the workers never took.
Amazon Delivery Contractor to Pay $100,000 in Back Wages
An Amazon.com Inc delivery contractor in New York City has agreed to pay $100,000 in back wages to drivers after making deductions for lunch breaks that the workers never took.
Financial Markets
ZTO Express Eyes Largest Chinese Company US IPO Since Alibaba
NEW YORK, United States — Logistics company ZTO Express has set terms for what could be the largest US initial public offering this year and also the
ZTO Express Eyes Largest Chinese Company US IPO Since Alibaba
NEW YORK, United States — Logistics company ZTO Express has set terms for what could be the largest US initial public offering this year and also the
Retail
Nike, Polo’s Marooned Suppliers Race to Meet Thanksgiving Rush
Suppliers to companies from Nike to Hugo Boss are scrambling to ensure their T-shirts and sneakers reach buyers in time for the year-end holiday season after the collapse of Hanjin Shipping Co. left an estimated $14 billion worth of goods adrift.
Nike, Polo’s Marooned Suppliers Race to Meet Thanksgiving Rush
Suppliers to companies from Nike to Hugo Boss are scrambling to ensure their T-shirts and sneakers reach buyers in time for the year-end holiday season after the collapse of Hanjin Shipping Co. left an estimated $14 billion worth of goods adrift.
The News in Brief
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.