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.
Benetton Group has announced the appointment of Ramprasad Sridharan as its new CEO and Managing Director at Benetton India.
Sridharan, who starts in his new position on June 7, was previously C&J Clarks International Singapore’s president of South East Asia, Australia & New Zealand. He replaces Sundeep Chugh who is stepping down after a decade with the Benetton Group.
India – where Benetton has been present since 1992 – is a key market for the Group. This year, Benetton, which has a network of over 850 points of sale across the country, has opened 12 stores and plans to open another 30 to 40.
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.