Five major U.S. retailers who sell on Alibaba’s Tmall marketplace have reportedly run into headwinds when they refuse to sign exclusive agreements with the Chinese ecommerce giant. See what this dustup means for the parties involved, and how rival JD.com has been making hay over merchant issues with Alibaba.
Nike confirmed it is selling select products directly through Amazon in a pilot program, greatly expanding its reach while also helping address counterfeiting. The news is a direct hit to retail partners like Finish Line and Foot Locker, who will undoubtedly lose sales. Nike will also start selling directly through a partnership with Instagram.