News

Business

Alibaba Opens First U.S. Cloud Center

The e-commerce giant is launching a cloud computing hub in Silicon Valley, its first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition.

– 2:16 AM, EST

Jean Paul Gaultier

Fashion

Jean Paul Gaultier Teams Up with Japan’s Seven and i

The designer will create a new private label collection for the retailer for two seasons.

– March 3, 2015

A view of shoppers outside of the Cartier store in Shanghai's IFC mall.

Retail

Luxury Brands Suffer This Chinese New Year

New data from Hong Kong show that January sales sank to lows not seen since 2003 as tourist spending fell in the month building up to Chinese New Year.

– March 3, 2015

Retail

Hong Kong Retail Sales Plunge as Chinese Visitor Arrivals Slow

“The negative impact of slowing Chinese growth on Hong Kong is becoming more obvious,” said Mole Hau, an economist with BNP Paribas.

– March 3, 2015

JD.com has been described as China’s version of Amazon.

Business

JD.com Announces 73% Increase in Revenues

Net revenues for the fourth quarter were $5.6 billion while the gross merchandise value of goods sold was $13.8 billion.

– March 3, 2015

Business

Japanese Retailers’ Feb. Sales Grow

Stores benefited from tourist flows to Japan and cold weather.

– March 3, 2015

Retail

Royal Mail Announces China Link-Up Through Alibaba’s Tmall

Britain's Royal Mail is joining Alibaba Group Holding Ltd's Tmall Global's online marketplace, hoping to link small British companies with Chinese consumers.

– March 2, 2015

Garment workers in Dhaka, Bangladesh.

Business

Bangladesh Alliance Names Mark Chubb Chief Safety Officer

Mark Chubb was named to the newly created position.

– March 2, 2015

The Duke of Cambridge and Jack Ma  in Shanghai.

Retail

Alibaba’s Jack Ma Fears Growing Too Fast

The company also has caught the attention of the U.S. authorities for its alleged dealings with a Chinese regulator just months after its stock market debut.

– March 2, 2015

Marks & Spencer

Retail

M&S to Enlarge Footprint in China

The retailer is targeting cities including Beijing, Guangzhou.

– March 2, 2015