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.
The Mumbai-based early-stage venture capital investor, which has backed the likes of homegrown high street fashion brand Fabbaley, lingerie label Who’s In Charge and beauty player Sugar, has launched its largest fund yet, its partners told Mint.
With its new fund, India Quotient is looking to invest in early stage start-ups like direct-to-consumer brands, content start-ups and fintech firms. The firm plans to raise at least half of this capital from domestic investors.
Local streetwear brands, festivals and stores selling major global labels remain relatively small but the country’s community of hypebeasts and sneakerheads is growing fast.
This week’s round-up of global markets fashion business news also features Senegalese investors, an Indian menswear giant and workers’ rights in Myanmar.
Though e-commerce reshaped retailing in the US and Europe even before the pandemic, a confluence of economic, financial and logistical circumstances 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.