Pakistani fashion marketplace Laam raises $5.5 million in seed funding
The platform offers over 100,000 fashion items including ethnic and formal wear, footwear and accessories.
Myntra launches 30-minute fashion delivery service in Bengaluru
The company plans to expand its services to other cities such as Mumbai, Delhi and Pune soon.
India's Nykaa Fashion CEO resigns due to personal reasons
Nihir Parikh joined Nykaa in 2015 as chief strategy officer and became CEO in 2022.
Alibaba invests over US$70 million in South Korean fashion platform
This investment brings the company’s valuation to US$2.2 billion, making it a unicorn in South Korea’s fashion e-commerce industry.