Alibaba’s Taobao gets serious about luxury

Alibaba’s getting serious about the quality of the goods on its platforms and wants to attract more high-end brands. How’s it going to do it? The poacher is turning gamekeeper. The e-commerce giant frequently criticised for allowing counterfeit or low quality goods onto its sites is teaming up with four third-party inspection agencies to boost…

Retail trend: Singles Day 1-Black Friday 0

That’s the thing about trends. They’re like buses. You hang around waiting for one then two come along at once. So what has today yielded? First a shift in retailers’ approach to Black Friday, and second the growth of China’s Singles Day as a global event. So, Black Friday. Asda, one of the prime movers…