Executive Summary

September 28, 2018

• This week’s note “From the Desk of Deborah Weinswig” discusses the Bonded + Retail Store model, a new way for foreign brands and retailers to access the Chinese market.
• com is considering an aggressive expansion plan to open as many as 3,000 new Amazon Go cashierless stores in the next few years.
• American fashion retailer Michael Kors is set to acquire Italian luxury fashion company Versace for a reported $2.1 billion, including debt. The acquisition is expected to provide Michael Kors with a launch pad into the European high-end luxury market.
• Chinese e-commerce behemoth JD has launched a new online service called JDVirtual that enables customers in Indonesia to purchase groceries for home delivery using QR codes.