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Alibaba fined US$2.75bn for anti-monopoly violations by Chinese regulators

Inside Retail

The State Administration for Market Regulation (SAMR) said that after an investigation launched in December, it had determined that Alibaba Group had been “abusing market dominance” since 2015 by preventing its merchants from using other online e-commerce platforms. It said it would also work to improve corporate compliance.

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Kate Spade CEO & brand president on creating social impact through collaboration

Inside Retail

In 2012 Fraser became the president of Marc Jacobs after over 13 years in the business before leaving to become the CEO of Anne Klein in 2015. Are there any new handbag pillars or design elements that consumers can look forward to? IR : Sustainability has become increasingly important to consumers.

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Why mattress disruptor Koala is getting in bed with homewares

Inside Retail

Additionally, any homewares that get returned to the business will be put back into circulation through charities or resale, like its larger pieces. Costello says this is a boon of the business’ vertically integrated, direct-to-consumer business model, as well as meticulous planning and hiring procedures. A global opportunity.

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How Maccas, Domino’s and 7-Eleven are taking sustainability seriously

Inside Retail

Australasian division president, Richard Wormald said: “The research suggests that consumers are increasingly expecting organisations to promote sustainable initiatives. Australian businesses must take action to reflect these expectations if they hope to continue to engage with these consumers.

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From Cobblestones to Cyberspace: VMSD Celebrates Its 125th Year of Service to the Retail Industry

VMS

Within a few short months of its debut, circulation grew into the tens of thousands. Consumers wanted berry spoons, mustard spoons, sugar spoons, and soup spoons in ever increasing variety.”. By 1915, Americans were reportedly consuming half of the global production of plate glass. Soon, people wanted more and more. “A