RetailNews

Walmart, JD.com Announce Shopping Festival, New Synergies

China's second largest e-commerce company JD.com and Walmart have announced the new 8.8 shopping festival and an extension of their strategic alliance.

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RetailNews

Michael Kors to Acquire Jimmy Choo for $1.2B

The battle for Jimmy Choo is over. Michael Kors has entered into an agreement to buy the London-based luxury shoemaker for $1.2 billion.

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E-commerceNews

Online to Claim 40% of Apparel Market Share in 2030s

Fung Global Retail & Tech says online apparel sales are rising at a faster rate than typically reported due to miscalculations in how the overall e-commerce market share is usually tabulated.

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TradeNews

Mexico Says E-Commerce Provisions, Rules of Origin Changes to NAFTA May Help US Trade Deficit

The threat to slap tariffs on imports from Mexico wasn’t part of the Trump Administration’s recently outlined objectives for renegotiating the North American Free Trade Agreement, but dealing with the trade deficit, of course, was.

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