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.
Chanel, Louis Vuitton and Tiffany & Co are among the brands expanding in Perth, Australia in a bid to tap its mining, oil and gas wealth and newfound status as a travel hub.
This week’s round-up of global markets fashion business news also features Haiti’s sourcing crisis, Brazilian jewellery giant Vivara and Dubai’s Ramadan shopping season.
This week’s round-up of global markets fashion business news also features Supreme’s long-awaited Shanghai flagship opening, India imposes MIP on undervalued imports of synthetic knitted fabric and striking Sri Lankan workers continue to protest.
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.