Chanel has teamed up with Farfetch to develop new digital initiatives, the famously techno-cautious brand announced last week. Chanel has stopped short of selling its items on Farfetch, but the collaboration nevertheless brings the luxury brand much closer to one of Farfetch’s major shareholders, JD.com and its luxury e-commerce platform, Toplife. While other luxury brands … More Chanel Teams Up With Farfetch. Will China’s Toplife Be Next?
Alibaba has taken another step in its quest to build a new retail empire. The Chinese tech titan announced today that it will invest approximately RMB 5.45 billion (around $866 million) for a 15% stake in Easyhome (居然之家), China’s leading home improvement supplies and furniture chain operator. Alibaba will support the digital transformation of Easyhome’s … More Alibaba’s offline expansion widens to home furnishing with 15% stake purchase in Easyhome
E-commerce giant Alibaba Group Holding Ltd. said on Sunday it will pay 5.45 billion yuan ($865 million) for 15% of one of China’s leading traditional home improvement chains, extending its strategy of combining online and offline retailing. The investment in Beijing Easyhome Furnishing Chain Store Group Co. Ltd “underscores Alibaba’s commitment to furthering the new … More Alibaba amps Up New Retail Strategy with Home Improvement Chain Easyhome Investment
The Port of Rotterdam is planning a long-term Internet of things rollout that’s designed to move cargo faster, save money and optimize its operations via sensors, an IBM dashboard for traffic management and on-demand 3D metal printing. Europe’s largest port’s digitization strategy is a multi-year effort using IBM’s various technologies and services as well as … More Port of Rotterdam plots IoT rollout, efficiency push with IBM, Cisco, Axians
IoT, AI, blockchain and fog computing are the building blocks of digital transformation. Each one contributes important capabilities, but only together do they have the potential to fulfill the lofty expectations of IoT. Over the last few years, many people—myself included—have been touting the Internet of Things (IoT) as a driving force behind digital transformation. … More New-gen technologies make IoT transformational