Flash Report | July 14, 2015 Register for Free Access Alibaba Announces Investment in Mei.com to Expand its Presence in LuxuryIn one day, Alibaba announced two investments, totaling at least US$300 million, that enable the company to accomplish two separate but significant goals: to move up the value chain to integrate luxury products and flash sales into its Tmall.com site and to continue its geographic expansion by increasing its investment in SingPost, the leading mail-delivery company in Singapore. Read More
Flash Report | July 13, 2015 Register for Free Access Alibaba Announces Investment, Agreements with SingPost to Expand its Presence in LogisticsIn one day, Alibaba announced two investments, totaling at least US$300 million, that enable the company to accomplish two separate but significant goals: to move up the value chain to integrate luxury products and flash sales into its Tmall.com site and to continue its geographic expansion by increasing its investment in SingPost, the leading mail-delivery company in Singapore. Read More
Flash Report | July 7, 2015 Register for Free Access Amazon Prime DayTo celebrate its 20th anniversary, Amazon announced that it’s designating July 15 as Prime Day, an exclusive, global shopping event for Amazon Prime members. Prime members in the US, UK, Spain, Japan, Italy, Germany, France, Canada and Austria will be able to shop new deals, offered every 10 minutes, across a dozen categories, starting at midnight on July 15. Read More
Flash Report | July 1, 2015 Register for Free Access Startup Storytelling Invisu.meSeed-DB, an online database that tracks accelerator activity, indicates that the number of active accelerator programs (some of which have multiple locations globally) has grown to 220, from basically just one, Y Combinator, in 2005. Read More
Flash Report | June 30, 2015 Register for Free Access Target Chief Merchandising and Supply Chain Officer Kathee Tesija to Move to Advisory RoleTarget announced that its Chief Merchandising and Supply Chain Officer, Kathryn “Kathee” Tesija, would step down after 30 years with the company, effective July 6. Tesija will remain in an advisory role with her current salary and bonus until next April. Read More
Flash Report | May 27, 2015 Register for Free Access Ahold First QuarterDutch grocer Ahold posted 1Q sales up 14.9% as currency effects boosted reported revenues. Read More
Flash Report | May 20, 2015 Register for Free Access Ascena Assimilates AnnThe week began with the announcement of Ascena’s agreement to buy Ann Inc. for $2.15 billion. Read More
Flash Report | May 14, 2015 Register for Free Access Alibaba Buys Additional Stake in ZulilyAlibaba recently disclosed the purchase of 4.8 million Class A shares of Seattle-based e-tailer Zulily for about $56.2 million during May 6-8. Read More
Flash Report | April 21, 2015 Register for Free Access Coty Appoints Seasoned Executive Elio Leoni as New CEOOn Monday April 20, Coty announced the appointment of Elio Leoni Sceti as CEO, effective July 2015. Bart Becht, Coty’s interim CEO and Chairman since September 2014, will remain Chairman after Elio assumes the role. Read More
