Alibaba Shoots Down Ralph Lauren Alibaba Singles' Day Sky-high Returns Reports [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Yahoo! Finance
Several local media outlets, namely Beijing Business Today, an influential state-run entity, said the brand reportedly suffered from a 95 percent order cancellation rate during this year's Singles' Day online shopping bonanza. More from WWD Naiomi Glasses and David Lauren Talk About Her Collaboration With Ralph Lauren Ralph Lauren Is Gaining Ground, but CEO Patrice Louvet Is Staying 'Positively Paranoid' Melania Trump Often Gets Snubbed by American Designers but Her Stylist Keeps Shopping Alibaba quickly struck down the reports. According to a WeChat post by Li Pi, a member of the Tmall public relations team, seen by WWD, Ralph Lauren 's Singles' Day performance was “very good.” “The brand actively participated in all of Tmall 's Singles' Day marketing activities from the very beginning. It brought the brand a very good turnover, reaching a double-digit growth year-on-year,” he added. Local media said Ralph Lauren's gross merchandise volume during the Singles' Day sal
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