In the news | 31 July 2023

ISUZU signs up to sponsor SA Fashion Week, fuel subsidy upheaval knocks African e-commerce and LVMH sponsors Paris Olympics.

Across Africa,

ISUZU joins SA Fashion Week sponsors banner in 2-year deal, fuel subsidy upheaval in Nigeria and Kenya knocks e-commerce sales volumes, money experts weigh in on Jumia's potential, Truworths & Mr Price see a sales boost, MyRunway South Africa takes Primark UK to court over supply disagreement, City of Cape Town successfully grows clothing industry through special purpose vehicle CCTC, Fashtracker Nigeria relaunches, Togo loses textile trade leader, SHEIN dents South African fashion retail performance and Bash founders break down South African e-commerce scene with TechCentral.


LVMH signs a first-of-its-kind sponsorship deal for the Paris 2024 Olympics, Gucci's CEO exits in an executive shake up at Kering as the group announces a 30% stake in Valentino, Richemont buys up a rumoured 70% of Italian shoemaker Gianvito Rossi, a UK case study reveals a surprising relationship between price and durability in everyday clothing items, marketing lessons from Barbie and Temu takes aim at SHEIN with antitrust lawsuit.

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