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Wholesale Industry and Market News

Buy now, pay later plan launched By Apple

Buy now, pay later plan launched By Apple

American multinational tech giant Apple Inc. has officially launched its buy now, pay later plan in the United States.


Big shake-up sees Alibaba divide into six different groups

Big shake-up sees Alibaba divide into six different groups

Image credit: testing/Shutterstock.com/ The announcement comes one day after the Chinese tech giant’s co-founder Jack Ma returns to mainland China Alibaba Group Holding Ltd., the Chinese multinational tech company…


Toblerone to remove iconic mountain logo from its packaging? Here’s why

Toblerone to remove iconic mountain logo from its packaging? Here’s why

Toblerone chocolate is set to let go of some of its Swiss roots as large quantities of the bar will be produced outside of Switzerland.


Is London no longer a top luxury shopping destination?

Is London no longer a top luxury shopping destination?

Tourists from America and Asia can now get a new Louis Vuitton bag for a much better deal in Paris or Milan than they can in London.


Is footwear wholesaling making a trendy comeback?

Is footwear wholesaling making a trendy comeback?

Cutting out wholesalers comes with a set of drawbacks, and it seems that companies are starting to realize and make changes accordingly.


Significant retail discounts on iPhones in China

Significant retail discounts on iPhones in China

Third-party sellers are knocking off as much as 10% on Apple’s iPhone 14 Pro in China at the moment, top cope with downturns in the demand.


Estée Lauder pushes for new beauty lines

Estée Lauder pushes for new beauty lines

Kering, the owner of the luxury brands Gucci, Alexander McQueen, and others, reached out to Estée Lauder to head up a new beauty division.


Bestway Wholesale further increases its stake in Sainsbury’s

Bestway Wholesale further increases its stake in Sainsbury’s

Bestway Wholesale Ltd. has officially increased its ownership stakes in the UK’s second-largest supermarket chain Sainsbury’s.


Louis Vuitton still reading the Chinese market

Louis Vuitton still reading the Chinese market

After Covid-19 lockdown, China now plays a larger role than ever in the success or failure of luxury brands such as Louis Vuitton.


Superdry profits cut as wholesale slump continues

Superdry profits cut as wholesale slump continues

Superdry clothes manufacturer’s wholesale business revenue has dipped by almost 60% in the past two months.