Multilevel marketing schemes (MLMs) calling for investment in artificial intelligence (AI) robots said to be capable of making money on their own are illegal, authorities have warned. The Vietnam Competition & Consumer Authority under the Ministry of Industry…
Chinese e-commerce giant Alibaba Group Holding and partners have invested $400 million in the retail unit of Vietnamese conglomerate Masan Group, Masan said on Tuesday. The consortium, which includes Alibaba Group and Baring Private Equity Asia, has paid for…
After a much-anticipated wait, the Australian designer brand Tigerlily has today unveiled a new look and branding across its stores, website and social media, alongside the launch of its dreamy resort 2020 campaign. In December, the retailer will open its…
Italian fashion label Roberto Cavalli has shuttered its stores in the US and will liquidate its entire operations in the territory. While the brand had recently sought to negotiate with creditors while buying to time to source new investment, it has now sent…