The cloud arm of Chinese tech giant Alibaba is making a big push to get Western firms using its services when they try to enter the Chinese market. Alibaba Cloud, which claims to be the largest public cloud provider in China, has unveiled a new program called AliLaunch, which provides opportunities for joint ventures, wholesaling, […]
As Wal-Mart races to build a Web business to better compete with Amazon, it announced that it would buy online retailer Jet.com for about $3 billion. The world’s largest retailer said it would pay around $3 billion in cash for Jet, part of which would be paid over time. They will also pay an additional […]
Nike CEO Mark Parker has added his voice to the growing list of public figures taking a stand on issues of race, violence and policing in America. Over the past few weeks, as contentious relations between African-American communities and police reached new heights, Nike-sponsored athletes LeBron James, Carmelo Anthony and Chris Paul have all spoken […]
Adidas has released Adizero Ubersonic 2 sneakers, a performance sneaker designed for the sport. The shoes feature lightweight and innovative materials, including 3D Torsion technology that delivers midfoot support for quick directional transitions, and rock solid stability from the external sprintframe wrapping around the heel. The Adituff 180 zones around the toe area provide high-abrasion […]
Famous for its iconic messenger bag, Timbuk2 joined forces with New Balance Athletics to add two new colorways to the New Balance C-Series collection. The New Balance C-Series CM600C was designed in the brand’s Tokyo-based Lifestyle Design Studio for the “metropolitan consumer,” one familiar with urban commuting and cycling. The sneakers, which come in two […]
Skate brand Vans plans to partner with local independent streetwear label Only NY. We will create a small line that embraces signature skate style and passion for the outdoors, according to a joint statement. The collaboration is part of the VF Corp.-owned brand’s push to create demand for cool products in trendy markets. Vans president […]
Italian sneaker brand Superga and Miami-based luxury shoe brand Del Toro have teamed up to launch their first collaboration. Del Toro designer Matthew Chevallard presented the summer ’16 collection at his New York City boutique. Styles include the Superga 2750 low-rise, available for $145 in light blue suede and navy camo suede. Also included in […]
Eight months after UBM Americas appointed Chris DeMoulin as managing director of its fashion business, the executive has exited the post. According to the company, “We have a very strong group of fashion category leaders still driving the business through this exciting period of growth and integration. Our goal remains the same — to provide […]
Taking its relationship with the French footwear maven to the next level, Hermès Group now has a minority stake in Maison Pierre Hardy. Hardy has designed Hermès’ footwear since 1990 and added jewelry to his responsibilities in 2001. “The agreement highlights Hermès’ ambition to contribute to the label’s global growth dynamic and confirms the close […]
Javan Bunch — formerly EVP of global merchandising and domestic wholesale for footwear, handbags and accessories at Tory Burch LLC — has been appointed CEO at Donald J Pliner, owned by Castanea Partners. Noel Hord, who had been heading Pliner, will become a non-executive director on the board. “Javan brings a wealth of strategic and […]
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