For Alibaba Group Holding Ltd., that was the year co-founder Jack Ma created China’s first retail extravaganza around the holiday of Singles’ Day.
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In 2017, Gucci's sales grew by 44.6% over the previous year. And in the first quarter of 2018, the luxury brand posted nearly $2.2 billion in sales revenue, up 48.7% compared to the same period last year.
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Saying that poor earnings are caused by a long summer or cold winter is a way to cover up a preventable error.
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Before customers only cared about if they like the product, now the care more about whether their purchase make sense. It is time to rethink how can we make money without making new stuff.
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Our thoughts on this year's winners, direct from Geneva.
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