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Weinswig’s Weekly – September 28, 2018

Executive Summary

September 28, 2018

  • This week’s note “From the Desk of Deborah Weinswig” discusses the Bonded + Retail Store model, a new way for foreign brands and retailers to access the Chinese market.
  • com is considering an aggressive expansion plan to open as many as 3,000 new Amazon Go cashierless stores in the next few years.
  • American fashion retailer Michael Kors is set to acquire Italian luxury fashion company Versace for a reported $2.1 billion, including debt. The acquisition is expected to provide Michael Kors with a launch pad into the European high-end luxury market.
  • Chinese e-commerce behemoth JD has launched a new online service called JDVirtual that enables customers in Indonesia to purchase groceries for home delivery using QR codes.

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