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.
The South Korean beauty giant, which owns brands like Sulwhasoo, Etude House and Innisfree, has signed a partnership with the Singaporean e-commerce start-up to expand its market share across fast-growing Asian markets.
The companies have a strong relationship to build upon. Amorepacific, which launched on Shopee mall in 2018, saw its gross merchandise volume grow over 13-fold and its regional e-commerce business double by 2020. Under the new partnership, the beauty group plans to tap into Southeast Asian markets and Taiwan, while providing customers with a wider product assortment.
This week’s round-up of global markets fashion business news also features the China Duty Free Group, Uniqlo’s Japanese owner and a pan-African e-commerce platform in Côte d’Ivoire.
Affluent members of the Indian diaspora are underserved by fashion retailers, but dedicated e-commerce sites are not a silver bullet for Indian designers aiming to reach them.
This week’s round-up of global markets fashion business news also features Brazil’s JHSF, the Abu Dhabi Investment Authority and the impact of Taiwan’s earthquake on textile supply chains.
This week’s round-up of global markets fashion business news also features Dubai’s Majid Al Futtaim, a Polish fashion giant‘s Russia controversy and the bombing of a Malaysian retailer over blasphemous socks.