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.
Uruguay’s fashion exports for January fell to $2.3 million, down from $2.7 million in the same month last year, according to Fashion Network, citing data from the Uruguay XXI Institute, which tracks foreign investment and exports.
In its latest foreign trade report, the institute indicated that the fashion category (constituting clothing, footwear and other textiles segments) has started 2021 with a deceleration of 15 percent compared to January 2020. This caused the sector to slide two places in Uruguay’s export rankings, fashion is now only the 28th largest export segment for the South American country.
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.