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 city’s April sales rose off a low comparative base following March’s 20.2 percent year-on-year surge, Inside Retail reports.
Though sales between January and April of this year have outpaced 2020′s figures by 8.5 percent, demand is still lagging behind pre-pandemic levels, owing largely to the continued absence of mainland Chinese tourists.
Online transactions made up 6.8 percent of overall retail sales, a 27.2 percent boost year-on-year.
Hong Kong’s census department estimates that the value of online retail sales during the January-April period was up 53.1 percent compared to the same period last year.
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.