Tag : China
Revenues soar at Alibaba ahead of Singles' DaySubscription
Revenues and profits at Chinese ecommerce giant Alibaba soared in the three months to 30 September 2017, up 61% and 58% respectively, as the retailer gears up for a further boost from Singles’ Day on 11 November.
Receptive partners are essential in tackling new global markets Antonis Kyprianou, group franchise manager at Grupo Cortefiel, told delegates at Drapers’ Fashion Forum today.
Alibaba Group invests in OrdreSubscription
Alibaba Group has invested an undisclosed sum in luxury wholesale website Ordre.
Alibaba hires executives to expand UK portfolio Subscription
Chinese retail giant Alibaba has reportedly hired a small team of executives at its London offices to build a UK portfolio.
Alibaba revenues leap after ‘record’ Singles DaySubscription
Chinese ecommerce giant Alibaba Group’s revenues soared by 56% in its final quarter last year following a “record-breaking” Singles Day performance.
Alibaba sales hit £30bn this Singles' DaySubscription
Chinese retailer Alibaba Group generated RMB268.4bn (£29.8bn) in sales during yesterday’s Singles’ Day shopping extravaganza.
Ecommerce firm Alibaba is on course to break previous records for China’s Singles’ Day, after raking in $5bn (£4bn) of sales in the first hour alone.
Alibaba to take Singles Day international Subscription
Alibaba’s annual discount event Singles Day is set to move beyond China this year, connecting online and offline shopping.
Arket to launch in ChinaSubscription
H&M Group’s Arket is launching in China with a digital flagship store on Alibaba’s Tmall, marking the retailer’s first expansion outside of Europe.
Bangladesh may overtake China to become the European Union’s largest clothing supplier by 2020, a new report has found.