Edward BerthelotGetty Images Fashion brands (at least the good ones) are informed by the zeitgeist. They cull the best from the worlds of cuisine, books, art, music, interiors, and beyond, and infuse that into their collections. They are magpies, creating distinctive nests—their boutiques and displays at retail outlets—that aim to captivate consumers. But in the
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Alibaba Pictures, the entertainment arm of Chinese e-commerce giant Alibaba Group, has issued a profit warning, saying it expects losses for the financial year ended March 31, 2020 to range from RMB 1.1B-1.2B ($156M-$170M). That would be an increase of over 330% as compared to the previous year. The company cited “complicated difficulties in pursuing
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