Chinese e-commerce giant JD.com Inc said it had launched its warehouse and logistics initiative, ahead of China’s biggest online shopping event which produced sales of $1.6 billion for the firm last year.
Thousands of people have been smuggled into Italy, finding work at factories that ignore basic safety standards, while billions of euros are smuggled back to China.
The gilded key to the world’s most dynamic emerging economies is a combination of on-the-ground intelligence and loyal contacts. Six in-demand emissaries in global fashion sat down with BoF to share a few home truths about the markets on their doorstep.
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
The upcoming Alibaba IPO is expected to raise north of $21 billion when it debuts on the New York Stock Exchange, but American retail investors show lacklustre enthusiasm.