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Alibaba, Fung Retailing Ink Partnership to Bring Brands to China

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Seeking to bring more international lifestyle brands to China, Fung Retailing Ltd., with a global network of more than 3,000 stores, has joined forces with online giant Alibaba Group Holding Ltd. in a strategic partnership aimed to meet Chinese consumers’ increasing thirst for global brands. The collaboration, which the companies said builds on both of their strengths…

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