1. Richemont and Alibaba Group have announced a global strategic partnership to bring the retail offerings of Yoox Net-A-Porter Group (YNAP), to Chinese consumers. Under the partnership, the companies will establish a joint venture to launch two mobile apps for YNAP’s Net-A-Porter and Mr Porter multi-brand in China, and their online stores on Alibaba’s Tmall Luxury Pavilion.
2. Airbnb is bringing on new CTO from Google
Ahead of Airbnb’s expected initial public offering sometime within the next two years, the accommodation rental business has brought on a new chief technology officer. Aristotle Balogh, formerly Google’s VP of engineering, application storage, indexing and serving, is starting at Airbnb in mid-November.
3. Nike showcases its mobile vision for the future of retail
Retail isn’t dead, boring retail is. That was the sermon Nike was preaching at its New York City headquarters yesterday in a presentation by chief digital officer Adam Sussman, senior director of Nike Stores Experience Michelle Warvel, and Ron Faris, head of Nike’s SNKRS app and s23 NYC digital studio.