2,085 results found

Alibaba Announces Investment in Mei.com to Expand its Presence in Luxury

In 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.

Alibaba Announces Investment, Agreements with SingPost to Expand its Presence in Logistics

In 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.

PRIMARK PRIMED FOR THE US

Primark is about much more than price; it delivers value for money in the broader sense. It has a fast-fashion element in its apparel offer, and its newer flagship stores are impressive retail destinations.