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.
Though e-commerce reshaped retailing in the US and Europe even before the pandemic, a confluence of economic, financial and logistical circumstance kept the South American nation insulated from the trend until later.
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.