Alibaba beats sales expectations but warns of Covid difficulties

Alibaba has posted 9% revenue growth ($30 billion) but claims Beijing’s strict pandemic restrictions are continuing to hinder the brand.
EcommerceNews
// Alibaba has posted 9% revenue growth ($30 billion) but claims Beijing’s strict pandemic restrictions are continuing to hinder the brand.
// The results mean that Alibaba has outstripped its tech rivals Tencent and Baidu.

Alibaba CEO Daniel Zhang has claimed that lockdown restrictions have bogged down the company’s logistics division and its supply chain.

Real the full story on Charged Retail 

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Alibaba beats sales expectations but warns of Covid difficulties

Alibaba has posted 9% revenue growth ($30 billion) but claims Beijing’s strict pandemic restrictions are continuing to hinder the brand.
// Alibaba has posted 9% revenue growth ($30 billion) but claims Beijing’s strict pandemic restrictions are continuing to hinder the brand.
// The results mean that Alibaba has outstripped its tech rivals Tencent and Baidu.

Alibaba CEO Daniel Zhang has claimed that lockdown restrictions have bogged down the company’s logistics division and its supply chain.

Real the full story on Charged Retail 

Click here to sign up to Retail Gazette‘s free daily email newsletter

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Palmer’s may be one of the most familiar names on the bathroom shelf, but behind the cocoa butter bottles is a surprisingly small UK operation. ET Browne UK, which distributes the American family-owned skincare brand, has grown its sales while keeping its core team to fewer than 20 people. Now, as a new Tahitian Vanilla range brings younger shoppers to the brand and the company looks to expand further into Europe, the pressure is falling on the supply chain to keep up.

Palmer’s may be one of the most familiar names on the bathroom shelf, but behind the cocoa butter bottles is a surprisingly small UK operation.

ET Browne UK, which distributes the American family-owned skincare brand, has grown its sales while keeping its core team to fewer than 20 people.

Now, as a new Tahitian Vanilla range brings younger shoppers to the brand and the company looks to expand further into Europe, the pressure is falling on the supply chain to keep up.

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