The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Namshi claims to be the first e-commerce player to expand into Qatar after Bahrain, Egypt, Saudi Arabia and the United Arab Emirates agreed to normalise their relations with the country in January. The platform will now offer expedited delivery to Qatar and has begun accepting pre-orders, Arabian Business reports.
Namshi was acquired by Emaar Properties, the real estate developer that has invested in properties like Dubai Mall, in 2017. The platform, which stocks the likes of Topshop, Calvin Klein and Nike, has recorded a 50 percent increase in business and 33 percent rise in new customer acquisition since Covid-19 broke out.
Local streetwear brands, festivals and stores selling major global labels remain relatively small but the country’s community of hypebeasts and sneakerheads is growing fast.
This week’s round-up of global markets fashion business news also features Senegalese investors, an Indian menswear giant and workers’ rights in Myanmar.
Though e-commerce reshaped retailing in the US and Europe even before the pandemic, a confluence of economic, financial and logistical circumstances kept the South American nation insulated from the trend until later.
This week’s round-up of global markets fashion business news also features Korean shopping app Ably, Kenya’s second-hand clothing trade and the EU’s bid to curb forced labour in Chinese cotton.