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.
JD.com, one of China’s largest online retailers, has signed a partnership agreement with Dubai’s Emaar Malls fashion and lifestyle platform, Namshi, according to an Arab News report.
The Dubai-headquartered e-commerce platform, which sells more than 800 brands and has customers in Saudi Arabia, the UAE, Kuwait, Oman and Bahrain, will provide JD.com with local logistics, warehousing and marketing support in the region. In addition, the Namshi platform will launch several fashion and lifestyle brands from China later this month.
Beijing-based JD.com posted revenue of 745.8 billion yuan ($114.97 billion) for the year, beating analysts’ estimates.
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.