Market GPS | Nigeria: Taking Africa’s Giant Seriously
Source: Illustration by BoFIn a new series, Market GPS, BoF looks beyond the BRICs to the next tier of emerging market opportunities. First up, we examine Africa’s giant, Nigeria.
Source: Illustration by BoFA New Growth Brand for Japan’s Onward Holdings: Charles & Keith
Source: Charles & KeithIn Japan, the arrival of powerful fashion retailers from Asia has been a theme this Spring. Korean retailer E-Land began opening stores in March, but last month saw the unveiling of the first stores for Charles & Keith, the Singapore retailer which does for shoes and accessories what H&M and Zara do for apparel. Japanese market intelligence provider JapanConsuming investigates.
M-Commerce surging, Pandora’s downfall, Forever21 to China, Ungaro departure, Poshmark app
Tory Burch’s tiered sales offer | Source: WWDMobile, Tablets Lead Holiday Charge (WWD) “Holiday shopping has given new meaning to the term ‘click and order.’ In addition to a rise in the number of consumers and the average amount spent per buyer… Overall increases in online spending were fueled by other factors such as a surge in mobile and tablet commerce transactions, luxury brands that typically don’t discount, tiered sale offerings that offer
Black style bloggers, A&F profits spike, Forever 21 suppliers sued, Pandora investigation, Fashion capital
Joshua Kissi and Travis Gumbs of Street Etiquette | Source: Street Etiquette[vimeo]http://vimeo.com/7037364[/vimeo] Pushing the Boundaries of Black Style (IHT) “As opposed to the fascistically frozen street-style snaps of The Sartorialist and others, these pictures are styled and plotted fictions but also affecting ones, depicting a pair of young black men taking ownership not just of the body and what goes on it, but also of the environment it moves in… Already they have wide reach: Street
Gospel from Forever 21, Mulberry booming, Fashion in Doha, Luxury price elasticity, CFDA’s copyright campaign
The gospel according to Forever 21 (Guardian) “This is the American fashion chain run as a family business, the chain that, thanks to its “pile very high, sell very cheap” operation, has been a phenomenal success, with profits (in 2008) of $135m despite the fact that nothing it sells costs more than $65.” Mulberry Tops Fashion Retailers on Sales Boom (Bloomberg) “The 40-year-old British luxury-handbag
