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.
A rebound in demand saw the country’s April duty-free sales grow at the fastest pace in three years, Pulse News reports.
Sales increased 51.6 percent, according to official data released Tuesday — the fastest annual growth rate since May 2018. But the value of sales remains below pre-pandemic levels due to continuing travel restrictions.
Bags and footwear were in particularly high demand last month, with sales surging 108 percent year-on-year.
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.