Farfetch, a distinguished name in luxury fashion retail, recently made waves with its strategic pivot. The company announced its decision to shut down its white-label software service unit, Platform Solutions, a move viewed as aligning with broader objectives of financial prudence and business
China's economic landscape is undergoing a transformative shift. As the nation refocuses on amplifying domestic service consumption, notable progress has already been made in this burgeoning market. Let's delve into the multifaceted efforts and key drivers behind this significant economic
Accenture, a global professional services company, recently announced its strategic acquisition of Logic, a retail technology services firm. This move aims to enhance Accenture's capabilities in delivering technology-driven transformations for retail clients on a global scale. This acquisition
On July 19, 2024, an unprecedented outage of Microsoft’s Azure cloud service wreaked havoc across various critical sectors, causing notable disruptions in retail, banking, and media both in New Zealand and worldwide. The incident left many businesses scrambling to maintain operations and numerous c
Project Retail, a workforce education program aimed at facilitating significant personal and professional growth for its participants, recently celebrated its latest graduation ceremony at the SoNo Collection's Magnificent Room in Norwalk, CT. This nine-week program saw 57 graduates from
The recent liquidity crisis sparked by delayed payments from Singapore-based e-commerce platform Qoo10 to its affiliates, TMON and WeMakePrice, has caused a seismic disruption in South Korea's retail and travel sectors. This crisis has not only undermined consumer confidence but has also led