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
Retail
Can China End the Illicit ‘Daigou’ Trade?
Lowering import tariffs and tightening customs controls are among the Chinese government’s strategies for curbing "selling agents” who trade in luxury goods at lower prices. Will it work?
Can China End the Illicit ‘Daigou’ Trade?
Lowering import tariffs and tightening customs controls are among the Chinese government’s strategies for curbing "selling agents” who trade in luxury goods at lower prices. Will it work?
Financial Markets
Resetting China’s Luxury Compass
In spite of the country’s slowing economy, stock market turmoil and a climate of uncertainty, China’s luxury market still presents lucrative opportunities if you know which direction to look.
Resetting China’s Luxury Compass
In spite of the country’s slowing economy, stock market turmoil and a climate of uncertainty, China’s luxury market still presents lucrative opportunities if you know which direction to look.
China
Alibaba Teams With Nvidia in $1 Billion Bet on Cloud Computing
Alibaba Group Holding Ltd. will work with Nvidia Corp. on cloud computing and artificial intelligence, and plans to enlist about 1,000 developers to work on its big-data platform during the next three years.
Alibaba Teams With Nvidia in $1 Billion Bet on Cloud Computing
Alibaba Group Holding Ltd. will work with Nvidia Corp. on cloud computing and artificial intelligence, and plans to enlist about 1,000 developers to work on its big-data platform during the next three years.
News & Analysis
Amazon Expands Logistics Reach with Move into Ocean Shipping
Amazon.com Inc's China arm has registered as an ocean freight forwarder, a move that will give it more control over shipping products from Chinese factories to US shoppers.
Amazon Expands Logistics Reach with Move into Ocean Shipping
Amazon.com Inc's China arm has registered as an ocean freight forwarder, a move that will give it more control over shipping products from Chinese factories to US shoppers.
Technology
Amazon Faces US Government Fine for Failing to Report Injuries
Amazon.com Inc. failed to report at least 26 work-related illnesses and injuries in a New Jersey warehouse last year, the latest indication that low-wage employees often bear the pain of the speedy, convenient delivery of goods.
Amazon Faces US Government Fine for Failing to Report Injuries
Amazon.com Inc. failed to report at least 26 work-related illnesses and injuries in a New Jersey warehouse last year, the latest indication that low-wage employees often bear the pain of the speedy, convenient delivery of goods.
Global Markets
Amazon May Export Delivery Lessons from India to Cut Costs Abroad
Online shopping is booming in India. But, like local rivals Flipkart and Snapdeal, Amazon has struggled with deliveries in cities where snarl-ups are frequent and road signs unreliable.
Amazon May Export Delivery Lessons from India to Cut Costs Abroad
Online shopping is booming in India. But, like local rivals Flipkart and Snapdeal, Amazon has struggled with deliveries in cities where snarl-ups are frequent and road signs unreliable.
Sustainability
Op-Ed | Build Sustainability Into Your Business From Day One
Kelly Slater, pro surfer and founder of Outerknown, says building sustainability into the heart of your business right from the beginning is much easier than trying to change your ways later on.
Op-Ed | Build Sustainability Into Your Business From Day One
Kelly Slater, pro surfer and founder of Outerknown, says building sustainability into the heart of your business right from the beginning is much easier than trying to change your ways later on.
China
China's Couriers Don't Want to Be Alone on Singles Day
On China's giant Singles Day internet shopping festival, the country's delivery firms are stretched so thin that they are looking for tie-ups, listings and new investors to husband their resources.
China's Couriers Don't Want to Be Alone on Singles Day
On China's giant Singles Day internet shopping festival, the country's delivery firms are stretched so thin that they are looking for tie-ups, listings and new investors to husband their resources.
News & Analysis
Kohl's Expands Same-Day Delivery to 9 Cities Ahead of Holiday Season
Kohl's said it would offer same-day deliveries in Boston, Brooklyn/Queens, Los Angeles, Miami, Northern New Jersey and Philadelphia in the coming weeks.
Kohl's Expands Same-Day Delivery to 9 Cities Ahead of Holiday Season
Kohl's said it would offer same-day deliveries in Boston, Brooklyn/Queens, Los Angeles, Miami, Northern New Jersey and Philadelphia in the coming weeks.
China
Op-Ed | Why We Based Our Fashion Start-Up in Hong Kong
Hong Kong’s advantages in terms of costs, distribution, logistics and tax have helped fashion label Grana to scale fast, says founder Luke Grana.
Op-Ed | Why We Based Our Fashion Start-Up in Hong Kong
Hong Kong’s advantages in terms of costs, distribution, logistics and tax have helped fashion label Grana to scale fast, says founder Luke Grana.
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.
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.