Alibaba Leads $1.22 Billion Stake in Video Site Youku Tudou

Alibaba Headquarters | Source: Reuters

BEIJING, China — Alibaba Group Holding Ltd. and founder Jack Ma’s Yunfeng Capital agreed to buy a $1.22 billion stake in video website Youku Tudou Inc. as China’s biggest e- commerce operator prepares for a U.S. initial public offering.

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Fast fashion’s slow death, Loyalty discounts, Gilt’s Goldman boost, Social media ROI, Pierre Cardin’s singularity

Fast Fashion | Source: Sydney Loves Fashion

Why fast fashion is slow death for the planet (Guardian) “With high-street chains churning out fresh designs every few weeks, we now buy more cheap clothes than ever before. But as Lucy Siegle reveals in her hard-hitting new book To Die For, it’s a trend that will cost us far more than we imagine.” Why Pay Full Price? (WSJ) “Neiman Marcus’s loyalty program, InCircle, is a credit card that… allows

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