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.
Cainiao, Alibaba’s logistics business, announced today the launch of its locker network in Spain and France in the Chinese retail giant’s bid to ramp up efficiency.
While Cainiao’s network currently spans 170 lockers in Madrid, Barcelona and Paris, the firm plans on expanding the programme to 2,000 lockers across the two countries by March 2022.
The contactless lockers provide shoppers who buy from platforms like AliExpress the opportunity to pick up their parcels at flexible times, while reducing the carbon footprint of last mile services, according to Alibaba.
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Can Fashion Finally Crack the ‘Last Mile’?
Getting products to customers’ front doors has always been the most complex and expensive part of e-commerce logistics. Covid-19 and the ensuing boom in online sales have only upped the stakes.
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.