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Honduran clothing manufacturer Alibaba announces deal to buy clothing manufacturer JVC

Posted on September 20, 2021 by admin

HONDURAS — Alibaba Inc. said Wednesday it has signed a memorandum of understanding with JVC Holding Corp. for an agreement to buy JVC Holdings Inc. for about $4 billion.The deal would be the second for Alibaba and its biggest acquisition since 2012.The companies announced the deal on Wednesday.Alibaba said it would acquire the clothing and […]

Alibaba: $1.3 trillion in new clothing and footwear orders, analysts say

Posted on September 5, 2021 by admin

Analysts at Credit Suisse and Credit Suits said Alibaba had made “significant progress” in building out its clothing business and was on track to meet the target of building a “comparable” net profit for the year ending in June, and its apparel business is on track for $1 billion in sales.“Alibaba has made significant progress […]

Tag: alibaba manufacturer clothing

Honduran clothing manufacturer Alibaba announces deal to buy clothing manufacturer JVC

Alibaba: $1.3 trillion in new clothing and footwear orders, analysts say

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