Business Expansion Archive

Will Anthropologie Win Where Traditional Department Stores Have Failed?

PHILADELPHIA, United States — Walking into an Anthropologie store is a sensory experience, incomparable in its visual richness and tactile quality to that of most other retailers. An ode to the cultured bohemian, a rainbow of floral-etched serving bowls might be stacked on a found-wooden table, a suite of turquoise-accented flatware laid out nearby. Just steps away, next to a velvet armchair piled with hand-woven …

Alibaba's $60 Billion Finance arm Seeks Growth Before IPO Say Sources

SHANGHAI, China — Investors gearing up for the initial public offering of Ant Financial, the $60 billion (£54.26 billion) online finance arm spun off by e-commerce giant Alibaba, will have to wait until at least late 2017 as the business puts growth first, sources say. Sources with knowledge of the plans said Ant Financial, whose anchor business is Alipay, China’s largest online payments service, is …

Can Tory Burch Build Another Billion-Dollar Brand?

NEW YORK, United States — If Tory Burch’s “accessible luxury” empire was built on the Reva, a ballet flat adorned with a gold ‘TB’ buckle reminiscent of the art-deco-inspired doorknobs bolted onto grand Palm Beach homes, the crown jewel of Tory Sport, her activewear brand, may turn out to be the $125 Chevron legging, which riffs on 1970s athleticwear without being overly retro. The leggings …

Amazon Dash One-Button Device Arrives in Britain

LONDON, United Kingdom — Seeking to capitalise on Britons too busy or forgetful to shop for household essentials, retail giant Amazon is bringing its thumb-sized, one-button ordering device to the UK. From Wednesday, British Amazon Prime customers will be able to order supplies of products such as toilet paper, dishwasher tablets, dog food and coffee at the touch of the wifi-connected Amazon Dash button. Each …