SHANGHAI, China — China's e-commerce market is expected to leapfrog that of the United States this year to become the world's largest by total customer spending, management consultancy firm Bain & Company says, and could account for half of all Chinese retail spending within a decade.
SAN FRANCISCO, United States — Twitter Inc. hired Nathan Hubbard, the former president of Ticketmaster, as its first head of commerce, part of a push to enable shopping via short postings on its social website.
TORONTO, Canada — A new app lets shoppers flipping through retail flyers purchase items that catch their eye using image recognition technology.
BERLIN, Germany — Danish fashion store magnate Anders Holch Povlsen has bought 10 percent of Europe's biggest online fashion retailer Zalando, continuing a push into booming e-commerce.
As the Trampery, a shared workspace enterprise, opens its third location in the northeast London neighbourhood of London Fields, BoF spoke with founder Charles Armstrong and operations manager Ben Pickering to learn how the new hub aims to galvanise one of Europe’s most fertile fashion frontiers: Hackney.
BoF can exclusively report that fashion site VFiles is set to stage a user-generated fashion show at New York Fashion Week, featuring three designers from their online community: Ammerman Schlösberg, Maria ke Fisherman and Sam Mc.
BEIJING, China — Two of China’s richest men are intensifying their rivalry over the world’s biggest Internet market. Jack Ma’s Alibaba Group Holding Ltd., the country's largest e-commerce company, on Aug. 1 said it blocked Tencent Holdings Ltd.’s WeChat to sellers. Four days later, billionaire Pony Ma’s Tencent introduced online payment features to mainland China users of its WhatsApp-like chat software.
CUPERTINO, United States — Apple Inc said on Sunday it will shift Bob Mansfield, senior vice president of technologies, out of its executive team to work on special projects.