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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. The announcements mark the first major management shifts since Alibaba was fined a record-setting $2.75 From 2014 to 2017, she was Alibaba’s Chief Customer Officer.

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How Advanced Email Analytics Helped Kerrits Boost its DTC Business 150%

Retail TouchPoints

The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.

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What is Direct-to-Consumer and How to Balance D2C with Wholesale

Wiser

As we explored in our eBook, “ The Wholesale Brand Disruption Guide ,” direct-to-consumer is defined as “the marketing and selling of products directly to consumers from the brand manufacturer.” percent of all retail growth in 2017, and eCommerce sales increased by 16.4 What Does Direct to Consumer Mean?

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BJ’s Wholesale Club taps Bob Eddy as CEO

Mass Relators

BJ’s Wholesale Club Holdings Inc. Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics,” BJ’s executive chairman Christopher Baldwin said. WESTBOROUGH, Mass. These changes are effective immediately. “We

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BREAKING: The Body Shop snapped up by Aurelius in cut-price deal

Retail Gazette

The Body Shop has been snapped up by private equity investor Aurelius Group for £207m, just a fifth of the price that Brazilian cosmetics giant Natura paid for it in 2017. The sale, which is expected to complete next month, is far below the £500m price tag that Natura was understood to be targetting.

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“Transformation agenda”: MFG CEO on Bobux acquisition and growth plans

Inside Retail

It forms part of a transformation genda for MFG – which owns more than a dozen retail and wholesale brands including Williams, Midas, Ziera, Diana Ferrari, Colorado, Mountfords and Mathers – focused on strategic acquisitions, investment in new technologies, facilities and omnichannel growth, and the continued growth of its store network.

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How British brand Papier is driving growth in the global stationery market

Inside Retail

In 2017, Papier raised approximately US$4 million in a Series A funding round. How Papier made a name for itself across the pond Papier was originally launched in 2015 by chief executive officer and founder Taymoor Atighetchi. At the conference, Atighetchi spoke with Saunders about Papier’s focused approach to omnichannel distribution.

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