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Report: Aldi launches online in China
Aldi is ready to introduce its brand to price-sensitive Chinese shoppers. The German discount supermarket chain plans to start selling online in China this month, a move that will expose Chinese consumers to a selection of German wine, snacks and breakfast products, Reuters reported. -
Wet Seal brand to be revived?
Wet Seal was acquired at a bankruptcy auction by a firm that plans to rebuild the brand. Gordon Brothers announced it is acquiring the Wet Seal brand and its related intellectual property. The transaction is pending final court approval. The acquisition includes the other brands within the Wet Seal portfolio, including Arden B, Blink, Chic Boutique and several others.

