Ron Burgundy Posted August 6, 2015 Share Posted August 6, 2015 By Mari Saito SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd has signed exclusive partnerships with more than 20 apparel brands including Zara and Timberland, the Chinese e-commerce giant said on Thursday, the latest step to woo big international brands as it competes with rivals such as JD.com Inc. Alibaba said its fast-growing online marketplace Tmall.com will become the only third-party online sales platform for the apparel brands in China. In China, a market notorious for the proliferation of fake and knock-off products, bagging international names can boost credibility and signal implicit trust. Alibaba also said in its announcement that it will deepen its collaboration with more than 160 brands including Adidas and Gap. View the full article Quote Link to comment Share on other sites More sharing options...
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