Alibaba Group Holding is expected to sell its department store chain Intime Retail (Group) to Chinese apparel company Youngor Fashion as China's e-commerce giant walks away from offline retailing, ...
When Chinese e-tailer Alibaba rolled out its Freshippo supermarket in 2016, U.S. observers took notice of what seemed to be the world's first true omnichannel store. Shoppers browse an array of fresh ...
Alibaba (NYSE:BABA) to sell its stake in department store chain Intime to a consortium of buyers including Youngor Fashion for approximately $1 billion, making a large loss on the sale. The decision ...
Alibaba (BABA) has agreed to sell its Intime department store business to Youngor Fashion for around $1B, Bloomberg reports. The sale is part of an effort by Alibaba to offload non-core assets, ...
Chinese ecommerce giant Alibaba has gone all in on its New Retail play, taking the online shopping experience to bricks-and-mortar stores, starting with its own backyard. According to Hema CEO Hou Yi, ...
Alibaba is piloting its first "FashionAI" concept store at the Hong Kong Polytechnic University, according to Alizila, a news site operated by Alibaba. The temporary store only offers clothing from ...