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.
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.