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Alibaba Separates International and Domestic Commerce Operations, Names New CFO

Retail TouchPoints

Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to succeed Maggie Wu as CFO in April 2022. Prior to his new role in the International division, Fan, who joined Alibaba in 2013, was President of Taobao and Tmall , two of Alibaba’s most successful consumer marketplaces.

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B2B, Marketplaces Become Core to Brooklinen’s Blossoming Omnichannel Strategy

Retail TouchPoints

Brooklinen was a direct-to-consumer darling that promised consumers high-quality sheets at great prices. By eliminating supply chain complexities and “cutting out the middlemen,” Brooklinen was able to streamline the product development journey and fully immerse consumers in the ethos and values of the brand.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand. In 2014, cybercriminals used a third-party vendor’s credentials to enter Home Depot’s network and deployed malware on the self-checkout systems to steal customer information.

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Walmart-Owned Flipkart Raises $3.6B to Fund Next Stage of Growth in India

Retail TouchPoints

The Flipkart Group includes ecommerce marketplace Flipkart , digital fashion destination Myantra , Flipkart Wholesale , online travel company Cleartrip and a majority stake in the payments app PhonePe. million kiranas in India through its wholesale business and last-mile delivery program. Flipkart currently works with more than 1.6

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How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

As an organization, we’ve grown through the wholesale side,” said Van Dijk. Now we have a lot more owned-and-operated stores, and when you build a system to target mostly wholesale, that’s a whole different level of transactions than if you have your own stores.

Jewelry 283
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From Snoop Dogg to DVF: How collabs help drive growth at Skechers

Inside Retail

The collaboration follows a rebuild for DVF following Covid-19 restrictions – where the brand was on the verge of bankruptcy – with the eponymous founder, Diane von Furstenberg, explaining in a recent interview that it had slimmed its operations down from $500 million in retail volume to $130 million, between 2014 and present-day.

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Australia’s first AI luxury resale app High End is disrupting the industry

Inside Retail

The platform originated as a ‘private’ Facebook group in 2014 by Brooke Marks who was looking for a peer-to-peer marketplace to buy and sell her unwanted luxury designer items. The integration of AI technology is set to create consumer trust in an industry that has been hard to both regulate and scale. Enter the High End app.

Fashion 262