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Retail

Macy’s exiting the Chinese market

Macy’s is withdrawing from China completely by the end of this year. After shutting down its Shanghai store in 2015 and taking down its standalone Chinese website in June, the American department store has decided to also stop operating within Alibaba’s marketplace Tmall. In a statement published on its soon-to-be-closed page, the company...

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BusinessFeatured

China: Tmall demonstrates fashion shopping of the future

Together with Shanghai Fashion Week, China's online giant Alibaba demonstrated what fashion shopping of the future could look like as new technologies aim to make the connection between consumers, retailers and brands even closer. Virtual catwalks China's most important fashion metropolis hosted Shanghai Fashion Week from 10th to 17th October. A...

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