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Here’s How to Achieve Jack Ma’s Vision of “New Retail”

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Two years after Alibaba founder Jack Ma coined the term “New Retail,” China continues full speed ahead in accelerating its national adoption of these principles that could very well influence how commerce evolves worldwide. Chinese consumers long ago leapfrogged the U.S. in adoption of mobile for many retail activities, including payment. In fact, paying via smartphone…

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