How to Tap India’s E-Commerce Market

Chanel Under the Microscope; Uniqlo Faces Calls for China Boycott; Joseph Altuzarra to Step Into CEO Role

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WHAT YOU NEED TO KNOW TODAY: MONDAY, DECEMBER 2, 2024 E-commerce giant Myntra is helping global brands reach millions across India. Chanel will be under the microscope this week as it stages a show in Hangzhou, China. Uniqlo is facing calls for a boycott after Tadashi Yanai's comments on Xinjiang cotton. Joseph Altuzarra will step into the CEO role at his namesake label, replacing Shira Sue Carmi.

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GLOBAL MARKETS Myntra: India's Online Fashion Gateway By Arnika Thakur

The e-commerce giant is helping mass-market and premium brands reach millions consumers across India. For the BoF-McKinsey State of Fashion 2025 report, CEO Nandita Sinha explained how brands can navigate through the complexities of this dynamic market. READ MORE

LUXURY This Week: Chanel Under the Microscope By Vikram Alexei Kansara

The French couture and beauty giant will stage a major show in Hangzhou on Dec. 3, amid a severe slowdown in luxury demand and signals that a new designer will soon be announced. READ MORE

RETAIL Uniqlo Parent Watching for China Boycott After CEO's Xinjiang Remarks By Bloomberg Fast Retailing is closely monitoring to see if demand is affected after Tadashi Yanai said the Japanese company is not using cotton from the Chinese region where suppliers are exposed to forced labour risk. READ MORE

Altuzarra Founder Joseph Altuzarra to Step Into CEO Role READ MORE

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