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 country’s e-commerce sector saw 36 percent and 30 percent year-on-year growth for order volume and gross merchandise volume respectively during 2020′s last quarter, The New Indian Express reported.
Even as India recovers from the pandemic, consumers are continuing to shift their spending online. Personal care, beauty and wellness were the biggest beneficiaries of the boost, according to a report released by Unicommerce and Kearney. While second and third-tier cities made up for a 90 percent increase in volume and value growth compared to 2019, brand websites saw a 94 percent volume growth year-on-year during the fourth quarter.
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.