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.
India’s capital is beginning its return to semi-normal life, with malls and markets reopening today after almost two months of lockdown implemented to slow the country’s devastating second wave of Covid-19 infections, Press Trust of India reports.
Chief Minister Arvind Kejriwal announced on Saturday that among further lockdown relaxations, markets and malls will open on an “odd-even basis” from June 7, meaning meaning half the shops will open on one day and the other half on the other day.
Domestic traders body, the Confederation of All India Traders (CAIT) welcomed the Delhi government’s decision, but remained opposed to the odd-even formula for reopening, describing it as difficult to implement and adding to confusion for consumers who will arrive a a mall or market not knowing which shops will be open on any given day.
Imran Amed shares his observations from a trip to the wealthy desert metropolis, home to the most lucrative stores for many of the world’s top fashion brands.
Spurred by rapid growth in the pure luxury market, global brands operating in lower-priced segments like contemporary fashion are entering the country or accelerating expansion plans.
This week’s round-up of global markets fashion business news also features India’s textile industry, Chinese beauty major Yatsen and Ghana’s newest garment factory.
Luxury fashion retailers in the oil-rich African nation keep a low profile to provide a discreet shopping environment for consumers and avoid flaunting the elite nature of their own business.