Business Daily.
.
A+ R A-

Macy’s Forms Joint Venture with Fung Retailing to Test e-commerce in China

E-mail Print PDF
CINCINNATI--(BUSINESS WIRE)--Macy’s, Inc. (NYSE:M) today announced it has formed a free-standing joint venture with Hong Kong-based Fung Retailing Limited (a privately-held enterprise; see footnote below) to explore retailing in China, one of the world’s largest and fastest-growing consumer marketplaces. (Editor’s Note: Macy’s, Inc. this morning also issued separate news releases announcing second quarter 2015 sales and earnings, and a real estate agreement in Brooklyn.) The joint venture, whic

imageimage
Grow Your Business with Times Media
Business Daily Media