Alibaba Group Holding Ltd. turned an obscure Chinese holiday into the country’s biggest shopping event. Now it’s aiming to take the success of Singles’ Day global by tapping foreign brands, including Calvin Klein and Blue Nile Inc.
Unibail-Rodamco SE agreed to sell a French shopping center to Allianz SE and Hammerson Plc, the third mall divestment that the French property company has announced in four months.
BoF compiles the most important professional moves of the week.
As the holidays near, retailers face a dilemma: Open on Thanksgiving and stand accused of ruining a national holiday or stay closed and risk losing sales.
Puma SE boosted its outlook for 2014 sales as the footwear maker’s investment in a new ad campaign and sponsorships started to take hold.
Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.