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Weekly Insights Aug 14, 2015

Executive Summary

  • Macy’s announced a joint venture with Fung Retailing Limited to explore retailing in China starting in late 2015
  • Alibaba is paying US$4.6 billion for a 19.99% stake in Suning, a major Chinese electronics retailer with 1,600 stores in 289 cities
  • Costco plans to open its first store in France, the first of up to 15 stores planned over the next 10 years
  • Havaianas, the Brazilian footwear maker, is entering into a new strategic alliance with several Disney properties, and the two companies are collaborating on the design of cobranded flip-flops

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