The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
KUALA LUMPUR, Malaysia — Alibaba Group Holding Ltd said on Wednesday it would set up a logistics hub in the Malaysian capital that will serve as the Chinese e-commerce company's regional distribution hub.
The logistics hub "will function as a centralized customs clearance, warehousing and fulfillment facility for Malaysia and the region, to deliver faster clearance for imports and exports," Alibaba said in a statement.
It will be part of a digital free trade zone set to be developed close to the Kuala Lumpur International Airport.
Malaysian Prime Minister Najib Razak launched the free trade zone along with Jack Ma, founder and executive chairman of Alibaba, on Wednesday.
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Reuters had reported on Saturday citing sources that Alibaba planned to set up a regional distribution hub in Malaysia to cater to its fast-growing business in the region.
By Liz Lee; editor: Biju Dwarakanath.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.