Posts tagged fashion
WHY THE WORLD SHOULD INVEST IN AFRICAN FASHION

The continent has shown eagerness to develop its clothing (apparel manufacturing) capacities for some time now, but efforts have been frustrated by dearth of infrastructure, capital, and Asia’s domination of the industry globally. However, with cost of production rising in China, Africa may have been presented a golden opportunity to ‘reclaim’ its fashion industry and invite long-term investments.

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AFRICAN FASHION MEETS E-COMMERCE

Given persistent worries associated with opening stores, physical retail businesses have become a heavy expense for some brands. In June, luxury couture label Valentino filed a lawsuit against the landlords of its boutique on 5th Avenue in New York, in an attempt to exit the lease nine years before the end of the original agreement. Valentino has not been the only retailer to try this.

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