Azoya Weekly Express: 10 Top Headlines In Retail & E-commerce

by Azoya

In this page, we have gathered 10 latest news and headlines just happened within retail and e-Commerce industry.  

Top stories include the changes of Dior, Gucci, Alibaba, fashion retailer Dolls Kill and more. 

The Dior X Air Jordan 1 will release in April 2020

Nike announced in advance about the “Dior X Air Jordan 1” shoes which would be officially released in April 2020. It’s not surprising that the crossover cooperation between luxury and sportswear, given each other more possibilities in innovation. 

Digital fashion retailer Dolls Kill raises $40 million in Series B funding

Dolls Kill mainly focus on special clothing, propose to express your authentic self above all else. They target at younger generations who value individuality and authenticity above conformity and perfection. Recently they have raised $40 million in Series B funding led by Sequoia Capital, which is a hot topic for digital natives to leverage social media comments and find its model later. 

 Gap's Old Navy brand to exit China in early 2020

Gap announced that Old Navy will exit China market in early 2020 and leverage its focus on the North American market. Besides, Gap is planning to separate Old Navy as a standalone brand to convince investors old navy would perform better than the Gap brand.

This Van Gogh-inspired Yves Saint Laurent Jacket Hit $574,000 at an Auction

French luxury brand Yves Saint Laurent’s advanced customized Jacket hit $574,000 at an Auction. The jacket design is inspired by Van Gogh’s famous artwork “Sunflower”.

Gucci owner Kering holds exploratory talks to buy Moncler 5th Dec 2019

Moncler, the famous luxury winter clothing brand had a market valuation of about 9.8 billion euros ($10.80 billion) as of Wednesday’s close on the Milan Stock Exchange. It is possible that Moncler would be merged by Kering, but they are still on a preliminary negotiation stage.

Alibaba sharpens focus on C2M business with Taobao, Tmall restructure

Taobao has launched a business division focused on the new C2M (Customer-to-manufacturer) model, like its rivals Pingduoduo and Jingdong. The new company's group-buying platform rolled out Changxiaotong for providing a direct purchase channel between customers and medium-size factories. 

CBD Oil Sold on China’s E-Commerce Platforms Raises Regulation Concerns

Some sellers are exploring the opportunity in the grey area market by selling CBD oil on the marketplace. Chinese relevant departments may strengthen supervision soon.

Kao Corporation launched its first product based on its “Fine Fiber” technology

Kao first announced the “Fine fiber” technology was in 2018, now the technology is coming to the market. The technology creates a very thin and invisible layer of film on the skin and acts as a moisture barrier to keep skin hydrated.

SkinBioTherapeutics strikes deal with Croda International on microbiome tech

UK skin health firm SkinBioTherapeutics has signed a commercial deal with Croda International for the development of a microbiome-targeted skincare ingredient using its patented technology.

South Korean fashion firm Michaa enters beauty space with sun care-focused brand

Sisun International, the company behind South Korean apparel retailer Michaa, is looking to expand its business into the cosmetics market with its newly launched sun care brand.