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.
Una Brands, a company that consolidates small e-commerce brands across Asian e-commerce marketplaces and platforms like Tokopedia, Lazada, Shopee and Shopify, today announced its equity and debt round from investors including 500 Startups, Kingsway Capital, 468 Capital, and Vestiaire Collective chief executive Max Bitner, Techcrunch reports.
The start-up, which did not disclose the round’s debt to equity ratio, is looking to become “the next generation consumer goods conglomerate by acquiring, streamlining, and scaling profitable brands.” Aside from buying brands, the investment will go towards hiring: Una currently operates in Singapore, Malaysia and Australia, with plans to expand in Southeast Asia and eventually Taiwan, Japan and South Korea.
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.