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April 30, 2026
  1. Burberry crowns student winner of Reimagining Materials competition
  2. Blancpain opens submissions for 2026 Imaginist Literary Prize
  3. Luxury Unfiltered: Luxury's listening problem is worse than the industry thinks
  4. ‘Peninsula Time’ platformed in dedicated campaign film
  5. Proceeds from new Prada collection to fund artisan training in India
  6. Tag Heuer goes Hollywood with 'The Fall Guy' sponsorship
  7. Luxury brands launch crossover ambitions at Milan Design Week
  8. Men spend more on luxury, but shop the same amount as women: report
  9. Off the Cuff: A Q&A with Wheels Up’s George Mattson
  10. Luxury Unfiltered: Why standard operating procedures are luxury’s billion-dollar mistake
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Commerce

Alibaba Group shakes up leadership, shares CEO succession plan

June 20, 2023

Jack Ma’s sprawling conglomerate Alibaba just announced it is splitting into six entities, which is the largest restructuring in its 24-year history. Image credit: Shutterstock In a new position as CEO and chairman, Mr. Zhang will helm Alibaba Cloud Intelligence Group exclusively. Image credit: Shutterstock

 

By Luxury Daily News Service

Chinese business executive Daniel Zhang, CEO of ecommerce giant Alibaba, is resigning from his post to head the group's intelligence arm.

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  1. Burberry crowns student winner of Reimagining Materials competition
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  3. Luxury Unfiltered: Luxury's listening problem is worse than the industry thinks
  4. ‘Peninsula Time’ platformed in dedicated campaign film
  5. Proceeds from new Prada collection to fund artisan training in India
  6. Tag Heuer goes Hollywood with 'The Fall Guy' sponsorship
  7. Luxury brands launch crossover ambitions at Milan Design Week
  8. Men spend more on luxury, but shop the same amount as women: report
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