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.
Tabby raised a $50 million in a Series B round of financing, valuing the company at $300 million, according to a Techcrunch report.
Global Founders Capital and STV led the funding round, with participation from Delivery Hero and CCVA.
Hosam Arab founded the company in late 2019 after he left fashion e-commerce platform Namshi, a company he led as CEO until it was acquired by a Dubai-based real estate firm.
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The Future of ‘Buy Now, Pay Later’
Paying for purchases in instalments has quickly become ubiquitous online. But Klarna, Affirm and the other fintech players that dominate the space have loftier goals.
This week’s round-up of global markets fashion business news also features Latin American mall giants, Nigerian craft entrepreneurs and the mixed picture of China’s luxury market.
Resourceful leaders are turning to creative contingency plans in the face of a national energy crisis, crumbling infrastructure, economic stagnation and social unrest.
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.