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The coronavirus crisis may have irrevocably changed the retail industry in China and the way brands and retailers engage consumers.

Livestream and Social Selling: How China’s Retailers Adapted to Coronavirus

April 9, 2020

It has actually now been 2 months since the coronavirus initially appeared in China. After a nationwide lockdown the situation is returning to normal. Restaurants, bars, and also retailers are…

Klarna has seen 200 new retailers sign it up its platform everyday during the first half of the year despite retail’s struggles during lockdown.

Alibaba buys minority stake in Klarna

Companies News Payment

Alibaba Alipay Ant Financial Klarna

March 5, 2020

Ben Stevens

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Alibaba has purchased a minority stake in Swedish ‘buy now, pay later’ giant Klarna as the pair embark on a new global partnership. Ant Financial, Alibaba’s payments arm and the…

UK retailers are missing out on billions in Chinese tourism spend as 80 per cent of non-luxury retailers fail to accept Alipay or WeChat.

Retailers who don’t accept Alipay or WeChat payments missing out on billions

Instore News Payment Point of Sale

Alipay Chinese Tourism JGOO WeChat

January 20, 2020

Ben Stevens

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UK retailers are missing out on billions in Chinese tourism spend as 80 per cent of non-luxury retailers fail to accept Alipay or WeChat. Ninety per cent of Chinese city…

Alibaba has smashed expectations during its fourth quarter seeing revenues and profits soar as lockdown forced shoppers online.

More change at Alibaba as Ant Financial appoints Simon Hu as CEO

Companies Ecommerce

Alibaba Alipay Ant Financial Daniel Zhang ecommerce Jack Ma Jeff Zhang Simon Hu

December 20, 2019

Ava Szajna-Hopgood

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Simon Hu has been appointed chief executive of Ant Financial in a boardroom shuffle. Alibaba, the world’s biggest retailer and its FinTech affiliate Ant Financial announced a raft of changes…

Alipay is set to be rolled out to over 10 million SMEs in Europe over the next five years, as Alibaba continues its overseas expansion.

Alipay to be rolled out to 10m European SMEs amid massive overseas expansion

Payment

Alibaba Alipay Ant Financial Statista

November 14, 2019

Ben Stevens

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Alipay is set to be rolled out to over 10 million SMEs in Europe over the next five years, as Alibaba continues its overseas expansion. Today at the Alipay Partners…

Alipay rolled out to Chinese visitors for the first time

News Payment

Alibaba Alipay China Tencent Tourist

November 6, 2019

Ben Stevens

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Alibaba’s popular payments platform Alipay has now been made available for visitors to China for the first time, removing a major barrier for tourists. Alipay will now allow tourists to…

Amazon is banning US police forces from using its facial recognition software for a year in support of the #BlackLivesMatter protests.

Alibaba adds beauty filter to facial recognition payment tech after customers complain they look ugly

Artificial Intelligence News Payment

Alibaba Alipay Carrefour facial recognition FamilyMart GPA

July 5, 2019

Ben Stevens

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Alibaba is set to add a beauty filter to its facial recognition payment system after users complained the machines made them look ugly. The Chinese retailer announced on social media…

Alibaba is being praised by Chinese gay communities after releasing an advert featuring same sex couples in spite of government dissuasion and censorship.

Alibaba to offer “pay later” options in four countries amid Klarna & Adyen tie-up

Ecommerce News Payment

Alibaba AliExpress Alipay Ayden Klarna

May 10, 2019

Ben Stevens

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Alibaba is offering customers the chance to buy now and pay later thanks to a new partnership with both Klarna and Adyen. The Chinese retail giant’s international arm AliExpress will…

Karen Millen to accept Alipay to “reach out to Chinese visitors”

News Payment

Alibaba Alipay Karen Millen Wirecard

May 2, 2019

Ben Stevens

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Karen Millen is set to start accepting payments via Alipay as it hopes to “reach out to Chinese visitors”. The upmarket women’s fashion brand will begin accepting payments from Alibaba’s…

Alipay will soon be widely accepted in UK

News Payment Point of Sale

Alibaba Alipay Barclaycard China Chinese Tourism Roland Palmer

March 14, 2019

Ben Stevens

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UK retailers will now be able to accept Alipay payments without replacing their existing systems thanks to a new partnership with Barclaycard. In an effort to boost the increasingly lucrative…

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London Fashion Week: How IBM is supporting the British Fashion Council and the ‘Next-Generation’ of Retail

22/09/2020 1:31 PM

IBM is supporting the BFC by optimising the digital London Fashion Week experience, enabling designers to showcase their stories through multimedia content and ensuring an engaging user experience for the global fashion audience.

We are currently living in an altered world. COVID-19 has shown the fragility of businesses across all industries, but particularly in the fashion and retail sector. Whilst many companies had…

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