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.
The Japanese apparel chain will be launching its sister brand GU in the US later this year, targeting younger consumers with lower prices and a curated selection of trendy wares.
Canada, France and Ireland are among the countries working with home-grown fashion talent to create uniforms for their teams at this summer’s Olympic Games. For these small labels, it’s an unprecedented opportunity to capitalise on one of sports’ largest events.
The online fashion retailer plans to update China’s securities regulator on the change of the initial public offering venue and file with the London Stock Exchange as soon as this month, a person with knowledge of the matter said.
The company, under siege from Arkhouse Management Co. and Brigade Capital Management, doesn’t need the activists when it can be its own, writes Andrea Felsted.