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.
Online and offline revenue grew 10 percent last month from the same period in 2020, the sharpest increase since January 2019, a report released by the country’s Ministry of Trade, Industry and Energy revealed Thursday.
While revenue from offline retailers jumped over 14 percent year-on-year — the highest gain in three years since February 2018 — strong online sales, demand for food and gifts over Lunar New Year as well as childrenswear ahead of March’s new school year played parts in driving growth.
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.