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 Alibaba-owned e-tailer has been named the first official e-commerce partner for the Great Singapore Sale, a national event that has run for 27 years.
Lazada will team up with Singapore Retailers Association (SRA), a non-profit industry body, to bring the former’s tech infrastructure, payments and logistics solutions to SRA members. This year’s festivities, kicking off on June 6 and ending on July 7, will feature both online and offline sales campaigns, including Lazada’s annual 7.7 sale.
Household spending in Singapore contracted by around 13.8 percent over 2020, but will grow by a projected 6.3 percent over 2021, according to Fitch Solutions. A consumer recovery is now underway, marked by a 6.2 percent retail sales boost in March.
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.