Topic
29 stories in this topic
One in four Crocs stores will be closed globally as the maker of the world’s ugliest shoes plots a survival plan. The store cull was announced along with another quarterly loss: the shoemaker finished its last three months US$44.4 million in the red, albeit a…
About 17 per cent of discounts offered during China’s multi-billion-dollar Singles’ Day online sale event were not real, claims a state-backed consumer group. It is calling on the government to intervene and punish platforms and merchants for promoting fake…
Singles Day is no longer just about Alibaba. It’s more like Black Monday or Christmas, a nation-wide shopping event, covering everybody looking for great deals, not just the singletons, as it was originally conceived. Alibaba founder Jack Ma said last year…
Alibaba Group says more than US$7 billion (RMB 47.5 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba’s China and international retail marketplaces within the first two hours of the 2016 11.11 Global Shopping Festival. And more…
I recently got back from Engine’s Asia offices, where everyone was buzzing with excitement about this shopathon concept. This 24-hour shopping day is the Chinese equivalent of Cyber Monday. It started in 2009 by ecommerce giant Alibaba and has evolved into…
Legendary Los Angeles Laker Kobe Bryant will join Katy Perry as the headline celebrities in Alibaba’s 11.11 Countdown Gala Celebration on November 10. US pop-rock band OneRepublic has also been confirmed, likely to perform its hit song Counting Stars Alibaba…
Scores of high-end cosmetics companies are setting up shop on Alibaba Group’s Tmall.com online marketplace as eCommerce continues to gain ground as a critical marketing and sales channel for reaching China’s increasingly sophisticated consumers. At the recent…
Going into this quarter the main concern for Alibaba was that a slowdown in Chinese economic growth would damage its performance. Fortunately, this has not materialised with very solid uplifts in its Chinese retail marketplace proposition underpinning a…
Alibaba plans to piggyback on the biggest celebration on the Chinese calendar – Lunar New Year – in the hopes of establishing another e-shopping tradition. Set to start in mid-January in the run-up to Chinese New Year, which falls on February 8 this year,…
November 11 is a day of sombre reflection across much of the West, with Commonwealth nations observing Remembrance Day while Veterans’ Day is an official public holiday in the US. It’s a world away in China, though, where it’s Singles’ Day – an idea begun in…
China’s Singles Day – 11.11.2015 – the biggest shopping festival in the world, will no doubt once again break international eCommerce records this Wednesday. But while watching numbers tick astronomically higher is exciting, retailers should be paying…
There are just days to go before Alibaba Group holds its 11.11 Global Shopping Festival. Merchants are laying on stock and pre-packing popular products to ready them for shipment. Delivery companies are training hundreds of thousands of temporary workers…
FedEx Asia Pacific is predicting a record breaking Singles Day in Asia this November 11. “Due to the huge popularity of the occasion in recent years, China’s State Post Bureau anticipates that this year will see a maximum of 140 million packages being handled…
