Global Markets

This week’s round-up of global markets fashion business news also features Nike’s Chinese suppliers, South African e-tailer Takealot and the Japanese textile firm in trouble in Ecuador.

While a ceasefire is in place, shipping, supply chains and consumer sentiment remain threatened as tensions in the Middle East persist.

K-fashion made significant inroads in becoming a part of a global fashion conversation in 2025, with brands like Post Archive Faction and Gentle Monster grabbing attention. But scaling the category to become as big as other cultural exports remains challenging.

This week’s round-up of global markets fashion business news also features JD.com’s turnaround plan, pan-African e-commerce giant Jumia and Ecuador’s crackdown on Chinese e-tailers.

Turkish fast-fashion giants LC Waikiki, Koton and DeFacto have rolled out hundreds of stores in high-growth, high-risk frontier markets like Albania, Uganda and Mongolia where rivals H&M and Zara have little or no presence.

Last week, Zegna staged a runway show in Dubai the emirate, following in the footsteps of Roberto Cavalli, Armani and Chanel. The emirate remains the most established hub for luxury shopping in the Gulf region, which has bucked the industry’s downward trend.

This week’s round-up of global markets fashion business news also features Cambodia’s apparel exports lift and China’s consumer boom.

This week’s round-up of global markets fashion business news also features China’s factory-gate deflation, Mongolia’s prime minister’s resignation and Shein doubles down on India-made fashion.