Vietnam has ordered Chinese online retailer Temu to suspend operations in the southeast Asian nation after it missed a business registration deadline at the end …
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Operations
Walmart Sells $3.74 Billion JD.com Stake to Focus on Its Own China Operations
Walmart, the biggest shareholder of Chinese e-commerce firm JD.com, has sold its entire stake, according to a person familiar with the matter, exiting an eight-year …
From Design to Delivery: How Apparel ERP Optimizes Fashion Operations
The apparel industry continues to grow and evolve, becoming more competitive as time passes. In fact, it is projected to reach a revenue of approximately …
Bolt Threads Pauses Operations of Leather-Alternative Mylo
Material innovation start-up Bolt Threads has paused operations for its leather alternative Mylo after struggling to fund raise, the company said in a statement. The …
The RealReal Winds Down Beauty Operations
The resale platform is sunsetting its beauty category, which it first began testing in 2018. The existing beauty inventory will continue to be sold before …
Russia’s Wildberries Selling Zara Clothes Online Despite Inditex Halting Operations
Russian e-commerce leader Wildberries is still selling clothes from Inditex brands that have suspended operations in the country, including the Spanish group’s main Zara label. …
Sea E-Commerce Unit Shopee to Shut India Operations
E-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India’s retail market just months after starting operations there, the second pullback …
Hugo Boss Targets €3.1 Billion in Sales, Halts Russian Operations – Business of Fashion
Images and Article from www.businessoffashion.com. The recently rebranded group is forecasting that sales will reach between €3.1 billion and €3.2 billion this year, following a …
Ukraine Wrap: Uniqlo Reverses Course to Suspend Operations in Russia – Business of Fashion
Images and Article from www.businessoffashion.com. The decision comes as the company faced public pressure to halt operations in the country, as a wave of retailers, including fast …
Uniqlo Reverses Course, Will Suspend Operations in Russia – Business of Fashion
Images and Article from www.businessoffashion.com. In spite of a vow from Fast Retailing founder and chief executive Tadashi Yanai days ago that the company’s leading …