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.
Shinsegae, Hyundai and Lotte are among the department store operators forced to temporarily close branches after employees tested positive for Covid-19, Korea JoongAng Daily reports.
Retailers are bracing themselves for stricter restrictions imposed to curb the spread of Korea’s fourth wave. The country’s toughest level of social distancing measures in Seoul and its surrounding areas will be imposed starting Monday; the Seoul metropolitan area will be placed under Level 4 distancing, the highest in the new social distancing system, until July 25, the Ministry of Health and Welfare said on July 9.
The Korea Disease Control and Prevention Agency (KDCA) reported 1,316 new cases on July 8 — the highest daily count since Covid-19 broke out in Korea last January.
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.