How Alibaba’s ‘new retail’ is changing the future of retail in China and the world

At Alibaba’s 2016 Computing Conference, Jack Ma focused his speech on five areas that are being transformed by technology. The list included new finance, new manufacturing, new technology and new energy with new retail at the center. Alibaba wants to use data and technology to transform retail, including offline retail, which accounts for 82% of … More How Alibaba’s ‘new retail’ is changing the future of retail in China and the world

LVMH CEO still doesn’t trust that online retail won’t damage luxury brands

LVMH CEO Bernard Arnault is still concerned that a heavy presence online will damage the reputations of the luxury brands in the group’s portfolio, and that’s shaping how the conglomerate’s digital strategy plays out globally. “We plan to continue investing in digital technology in 2018, but we need to be prudent there, so as not … More LVMH CEO still doesn’t trust that online retail won’t damage luxury brands