Sneakers on a popular Chinese e-commerce platform look like Adidas, but are branded "Ababis". Underwear resembling Calvin Klein are called "Caiwen Kani". Toys with an uncanny resemblance to a certain blockbuster movie franchise opt for "Star Wnrs". As China held its massive annual "Singles Day" onl

New York – Chinese e-commerce giant Alibaba Group Holding Ltd has registered a record 213.5 billion yuan (30.70 billion dollars) in sales during Singles' Day, it’s largest 24-hour shopping event. The 27 percent year-on-year sales increase came short of previous year’s annual growt

The US-China trade war is the "stupidest thing in the world," Alibaba e-commerce tycoon Jack Ma declared at an import fair that China opened Monday partly to counter foreign criticism of its trade policies. Ma, who recently took back an earlier pledge to create a million jobs in the US -- bl

Chinese e-commerce giant Alibaba Friday posted a 54 percent boost in revenue in the second quarter and saw profits rebound ahead of Singles Day, the largest shopping holiday of the year in China. Alibaba reported a net profit of 20 billion yuan (2.9 billion USD), a 13 percent year-on-year inc

Together with Shanghai Fashion Week, China's online giant Alibaba demonstrated what fashion shopping of the future could look like as new technologies aim to make the connection between consumers, retailers and brands even closer. Virtual catwalks China's most important fashion metropolis hoste

Richemont and Alibaba Group have announced a global strategic partnership to bring the retail offerings of Yoox Net-A-Porter Group (YNAP), to Chinese consumers. Under the partnership, the companies will establish a joint venture to launch two mobile apps for YNAP’s Net-A-Porter and Mr Porter

Last weekend, G-Star delivered the opened the 10th edition of “See Now Buy Now” fashion show organized by Alibaba’s B2C marketplace, Tmall. The kick-off show presented the denim brand and Jaden Smith presented their recently launched sustainable collaboration collection titled &ld

Moncler has announced the launch of an exclusive pop-up store at Tmall, Alibaba’s luxury e-commerce platform in China, from September 27. The store will offer early access to six of the eight Moncler Genius collections, first presented at Milan Fashion Week. This is the first time Moncler and

Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the US had been scuppered by the trade row between Beijing and Washington, Chinese state news reported Thursday. The billionaire owner of China's largest online shopping portal made the headline-grabbing promise t

London-based fashion brand Cos, part of the H&M group has announced its online debut in China next month. The company said that the brand will launch an online storefront on Alibaba’s Tmall platform, China’s largest business to consumer marketplace for both Chinese and international

This week was shaken by several news coming from Chinese e-commerce giant Alibaba. To start, the company’s founder and CEO, Jack Ma, announced his plans to retire in 2019. Daniel Zhang is set to be his successor. Today, Alibaba and Russian technology group Mail.ru said they would launch a joi

Chinese e-commerce giant Alibaba and Russian technology group Mail.ru on Tuesday said they would launch a joint e-commerce venture in Russia and former Soviet countries. The deal comes as e-commerce is developing rapidly in Russia though hindered by the country's vast size and problematic infra

Chinese e-commerce giant Alibaba and Russian technology group Mail.ru on Tuesday announced a deal to launch a joint venture in Russia and former Soviet countries. The two groups, along with the Russian sovereign wealth fund RDIF and telecom operator MegaFon, announced the creation of "a new stra

Alibaba co-founder Jack Ma announced on Monday he would step down as head of the pioneering Chinese e-commerce giant in one year, a departure already drawing comparisons to the retirement of late Apple founder Steve Jobs. Analysts said the early withdrawal of the 54-year-old Ma, who became the c

European Union countries must foster payment services that work across the continent to boost its financial sector and reduce dependence on third countries like the United States, a top European Central Bank official said Monday. "Large non-European companies now play a significant role in th

Alibaba Group Holding Limited in its results announcement for the quarter ended June 30, 2018 said that revenue reach 80,920 million Chinese yuan (12,229 million dollars), an increase of 61 percent year-over-year. Net income attributable to ordinary shareholders was 8,685 million Chinese yuan (1,31

Guess? Inc. ha apostado fuertemente por China como mercado estratégico y por los consumidores chinos como su primera prioridad a la hora de ganarse a los turistas adinerados en otros mercados internacionales. El grupo de moda se ha asociado con el gigante de pagos Alipay – propiedad d

Guess? Inc. has bet strongly on China, both as a strategic market and as the home for one of the wealthiest shoppers groups it targets worldwide. The fashion group has partnered with Alipay to offer mobile payments its Chinese customers are used to at its most popular stores across the U.S. Guess

Several fashion retailers have announced artificial intelligence projects recently, including Marks & Spencer, Net-a-Porter, and House of Fraser. The latest -- and perhaps largest -- of AI endeavors in the realm of fashion was launched last week by China’s e-commerce giant Alibaba, wh

Tmall’s fashion unit and global intimate apparel conference trade organiser Eurovet have entered an agreement to help underwear and swimwear companies sell in China. According to Chinese trade publications, both parties signed a memorandum of understanding in Paris on Saturday, pledging to &

We have all been there - just squeezed out of our own clothes into the new ones in the fitting room, only to realise that a different size or colour would be better. If there is no trusty friend by one’s side, this usually means: taking off the new clothes, squeezing back into one’s ow

Take a look inside Alibaba’s pilot FashionAI concept store. Source: Alibaba Group, YouTube.

Four e-commerce giants, including Amazon and Alibaba, pledged Monday to withdraw dangerous products more quickly from the market, the European Commission said. It said the firms, which also included eBay and Rakuten-France, had pledged to act within two working days when notified by EU member st

The Swiss retailer has partnered with Tmall to bring state-of-the-art shopping technology to Chinese consumers. Want to know more about the partnership between INTERSPORT & Alibaba? Source: Alibaba Group, YouTube.

Swiss sporting goods retailer Intersport and Chinese internet giant Alibaba’s Tmall unveiled on Tuesday a co-branded store in Beijing complete with interactive features “to offer consumers in China a more engaging and informative shopping experience” according to an Alizila news r

Alibaba founder Jack Ma said a China-US trade war could endanger his pledge to create 1 million US jobs, state media reported Tuesday, as China and the US lock horns over trade. The billionaire made the headline-grabbing promise to Donald Trump at Trump tower last year as Beijing worked to woo t

Chinese e-commerce giant Alibaba said Monday it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia's leading online shopping firm, boosting its regional expansion. Alibaba, which already owns 83 percent of Lazada with two investments totalling $2

Rent the Runway, a platform that rents designer collections for anything from a single wear to several months, has secured a 20 million dollar investment from Alibaba CEO Jack Ma and Joe Thai. The investment comes via a multi billion-dollar fund from investment vehicle Blue Pool Capital, valuing Re

Troubled Chinese conglomerate Wanda announced Monday that e-commerce giant Alibaba has agreed to buy a stake in its cinema division for around 750 million US-dollars, the latest sell-off by the heavily-indebted group. Wanda Film said in a regulatory filing that Alibaba will buy a 7.66 percent

Chinese e-commerce giant Alibaba Thursday posted a 35 percent surge in net profit in the third quarter, fuelled by a record-breaking sales bonanza during its annual Singles Day shopping festival. The company said profit jumped to 24.1 billion yuan (3.7 billion US-dollar) between October and Dece