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.
Eyewa, the largest online eyewear retailer in the Middle East, announced its latest Series B round raised $21 million.
The funding, which was co-led by Kingsway and Nuwa Capital, will fuel the company’s offline expansion plans, plus further investment in technology and product teams, as well as retail and omnichannel technology. The company said it was exploring opportunities for more bricks and mortar stores in key locations.
Since its launch in 2017, the homegrown Middle East brand has become a leader in the eyewear e-commerce market in the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain.
This week’s round-up of global markets fashion business news also features Korean shopping app Ably, Kenya’s second-hand clothing trade and the EU’s bid to curb forced labour in Chinese cotton.
From Viviano Sue to Soshi Otsuki, a new generation of Tokyo-based designers are preparing to make their international breakthrough.
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.