Law

Top 10 luxury brands attracting talent in China

Source: 
red luxury

Luxury brands are highly coveted by Chinese consumers, so are jobs at luxury companies.

A recent survey by the Fortune Character Institute and the Shanghai Donghao Human Resources, and reported in China Daily, reveals the top luxury brands that are attracting talent in China, along with a demographic snapshot of luxury employees.

An estimated 140,000 people work directly in the luxury industry in positions ranging from design, branding and retail. Another 350,000 work in associate industries such as real estate, tourism, and logistics.
 

China's YSPay, Accenture roll out new mobile payments solution

YSPay, a leading payment services provider in China, has rolled out a new mobile payments solution that uses phone numbers to process payments.

Rakuten Belanja Online rolls out new exposure management system for merchants

Rakuten Belanja Online (RBO), a wholly-owned subsidiary of Rakuten Inc., recently rolled out a new exposure management system for merchants to enhance merchant brand awareness and strengthen its employee training infrastructure.

The roll out was simultaneous with the opening of its Indonesian office in Kota Kasablanka in South Jakarta.

The new exposure management system will give merchants more flexibility and autonomy in managing their brand visibility on RBO. Employees can also expect new training prorgrams and human resource systems.

Jack Ma letter hints at HK listing for Alibaba

Source: 
The Wall Street Journal Online

As Alibaba Group Holding Ltd. gears up for what could be the tech industry's biggest initial public offering since Facebook Inc.'s market debut last year, all eyes are on where it might list. The company could go public either in Hong Kong or New York.

Whether the IPO will happen in Hong Kong largely depends on whether the city's stock exchange and securities regulator accept the company's request to let its "partners" – which include its founder and senior management – have control over the makeup of directors on its board.

Mooncake austerity hits China's Mid-Autumn festival

Source: 
The Wall Street Journal Online

First baijiu, then red carpets, and now mooncakes. For Chinese government officials, the list of taboos keeps getting longer.

One month before the country celebrates its annual Mid-Autumn Festival, Chinese authorities said on Wednesday that they are barring officials from buying mooncakes – a centrepiece of the holiday – as well as giving presents or hosting dinners on the public dime.

RetailWATCH: Electronic Article Surveillance: From Security to Retail Performance

Enhanced EAS solutions provide critical decision support at both the store and enterprise level by capturing, aggregating, interpreting, analyzing, reporting and intelligently responding to real-time operational data from stores, employees, inventory and shoppers.

Download this whitepaper to learn more.

RetailWATCH: Electronic Article Surveillance: From Security to Retail Performance

Enhanced EAS solutions provide critical decision support at both the store and enterprise level by capturing, aggregating, interpreting, analyzing, reporting and intelligently responding to real-time operational data from stores, employees, inventory and shoppers.

Download this whitepaper to learn more.

RetailWATCH: Electronic Article Surveillance Proven to Cut Shrink

Most consumers are familiar with Electronic Article Surveillance (EAS), even if they don’t know it by that name. But who hasn’t seen—or been—that shopper who walks happily out of a department store with the security tag on a newly purchased garment still activated? Suddenly you’re stuck—deer-in-the-headlights style—while the tag triggers an eardrum-splitting tone that lasts until Security comes to the rescue.

RetailWATCH: From Security to Retail Visibility

Shrink has constantly been a major enemy to retailers’ profits. From the petty shoplifter to organized retail crime syndicates, sources of shrink have served as a threat to the bottom line, highlighting the need for heightened security and sharper visibility into retail operations.
 

CEO Talking Shop: Running your store in the age of digital understanding

Retail is entering a vital new stage of digital evolution. If we call the 1980s and 1990s a "world of digitalisation" where everything could be digitalised, now we are in a "world of digital understanding", according to Andy Lippman, MIT Media Lab Associate Director.

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