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 top e-commerce platform Tokopedia is in talks to join forces with ride hailing and mobile payments giant Gojek with a view to a future IPO in the US and Indonesia, according to a Bloomberg report.
A merger would bring together Indonesia’s two most valuable startups to create a behemoth spanning online shopping, delivery, ride hailing and mobile wallets worth an estimated $18 billion. The parties have reportedly contemplated a merger for two years, but progress has sped up since discussions between Gojek and rival super app Grab came to a halt.
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.