International Business

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Before Lululemon and many others started selling "athleisure" apparel, Juicy Couture started the trend in the 1990s. Now the brand and retailer plans a comeback. 

The company says it expects to open 133 stores (through its various licensing partners) during the next five years, according to Women's Wear Daily. Juicy will open 31 international locations in eight countries this year, the report said. Three of the countries — India, South Africa and Azerbaijan — will be new market entries for the brand.

New York -- Walgreens Boots Alliance may soon be on the hunt for its next acquisition target in the United States, Stefano Pessina, executive vice chairman and acting CEO Walgreens Boots Alliance, told attendees of the Retail Week Live conference here on Thursday, according to a Reuters report.

Genesco Inc. cited construction expenses and currency pressures as reasons for the company’s weaker-than-expected fourth quarter earnings. 

The company posted earnings from continuing operations of $51.8 million, or $2.18 per diluted share, for the quarter ended Jan. 31. The numbers are an improvement from the year-ago period, which saw earnings from continuing operations of $42.2 million or $1.79 per diluted share. 

Dublin, Calif. -- Ross Stores recently opened 32 Ross Dress for Less stores and five dd’s Discounts locations across 15 different states. The openings are part of the off-price retailer’s 2015 expansion plans to open a total of approximately 90 stores in 2015 (70 Ross and 20 dd’s Discounts).

Baltimore - Under Armour has opened its first-ever digital headquarters, in downtown Austin, Texas. The 35,000-plus-sq.-ft. “Connected Fitness” center employs more than 100 engineers, data scientists, designers, and product innovators in digital health, fitness, and sports, and is expected to grow substantially by the end of the year. It is the sporting goods company’s facility solely dedicated to digital innovation.

By Hayden Shipp, IBISWorld

Shippers, carriers, longshoremen, businesses and consumers alike can breathe a sigh of relief in light of the tentative deal the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) reached on Feb. 20.

Hangzhou, China – Alibaba Holding Group Inc. is reportedly considering a cash investment in Indian e-commerce platform Snapdeal. According to Reuters, Alibaba is in ongoing negotiations with Snapdeal, but no agreement is imminent.

Alibaba does not hold any direct investments in India, although Alibaba subsidiary Ant Financial purchased 25% of Indian payment services provider Paytm in February 2015.