Canada Goose sees half of profits in long term from own stores, e-commerce

Luxury apparel maker Canada Goose Holdings expects its fledgling direct-to-consumer business to contribute about half its profits in the long term, from about 14 percent in the three months through September, chief executive officer Dani Reiss said on November 9, 2017 The company, which reported a bigger-than-expected profit in the quarter ended Sept. 30, also … More Canada Goose sees half of profits in long term from own stores, e-commerce

AI Artificial Intelligence and the future of work and skills: will this time be different?

Of course, artificial intelligence (AI) has its own special features as a technology and is obviously different than a car or a copier. At the level of an entire economy, however, the effects of different technologies on jobs and skills are often quite similar. Will this be true for AI as well? The guest author … More AI Artificial Intelligence and the future of work and skills: will this time be different?

Alibaba Group Generated USD25.3 Billion (RMB 168.2 Billion) of GMV During the 2017 11.11 Global Shopping Festival

Total GMV increased 39 % compared to 2016 Alibaba Group Holding Limited (NYSE: BABA) announced that US$25.3 billion (RMB168.2 billion) of gross merchandise volume (GMV) was settled through Alipay on November 11, 2017, an increase of 39% compared to 2016. Mobile GMV settled through Alipay accounted for 90 % of total GMV. “More than USD … More Alibaba Group Generated USD25.3 Billion (RMB 168.2 Billion) of GMV During the 2017 11.11 Global Shopping Festival