Ulmart, Russia’s largest online retailer, plans to sell $1 billion of shares in an initial public offering next year to fund expansion in the country’s e-commerce market.
Retailers in Russia will hold a third Cyber Monday event next week with the stakes higher than in the past two years as the economy heads into recession.
China’s Alibaba Group Holding Ltd plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China’s vast and growing middle class.
Alibaba Group Holding Ltd., China’s biggest e-commerce company, fell for a fourth day in New York, extending a retreat from its November high as the peak shopping season ended and investors await quarterly results expected next month.
China has allowed foreign investors to fully own e-commerce companies in Shanghai’s free trade zone as part of a pilot scheme.
Etsy Inc., the global marketplace for handmade and vintage goods is planning an initial public offering that could take place as soon as this quarter.
Britain’s leading fashion brands are hoping to give menswear sales a lift by targeting younger, digitally savvy male shoppers with live streaming and social media to promote the twice-yearly mens fashion week that began on Friday.
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
E-commerce enables local fashion boutiques to tap global markets. Or so the theory goes. What does it take to put it into practice?
The Christmas rush is exposing the limitations of internet-only retailers as surging orders cause delivery delays, allowing Europe’s shops to fight back with “click and collect” services and more in-store theatre.