In the News | Hello 2024

It was the best of times, it was the worst of times — if I had to sum up a 2024 outlook on African fashion, this would be it. Ground-level growth is on the way up (TFG is seriously growing, Takealot is approaching profitability), but the macrosystems our economies depend on are on the way down (loadshedding & the crumbling Naira). Will those fast-moving forces clash in 2024? We’ll see.

Skip to the news with these links:
Across Africa
Elsewhere

Over the next few weeks, expect:
- The rescued recording of last year’s Funding Q&A
- New profiles from retail leaders, fashion founders and more
- A guide to listing on a marketplace (if/when Amazon gets it together for its SA launch)

Remember, we’re making AFWeekly a community: share your thoughts on the headlines below in a reply or comment here or on any of our social channels. [By ‘We‘ I mean me and you :)]

Hi and welcome! Share African Fashion Weekly with anyone you think would find it useful. If this was forwarded to you, subscribe below to receive regular curated news, insight & career opportunities.

Across Africa,

Takealot targets profitability, TFG invests even more in local manufacturing and an increasing number of large multinationals and local startups blame economic difficulties as they exit African markets.

Elsewhere,

Menswear updates from Paris & Milan, a new attempt at fixing workable sustainability metrics, and Amy Smilovic (Founder of Tibi) shares some great perspective for fellow fashion founders heading into 2024.

Find & follow AFWeekly on LinkedIn | Instagram | TikTok | X