News Formal

London Sees New Business Boom

  • 📰 wwd
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Fashion, accessories companies are evolving and growing out of the COVID-19 pandemic.

LONDON — In the midst of the chaos and complexity brought on by COVID-19 and Britain’s exit from the European Union, businesses have been cropping up and managing to find opportunity in London by embracing new models, thinking tech-first and shifting the focus to the sharing economy.

By Rotation has continued to evolve throughout lockdown, with new features just released, a 370 percent spike in Instagram followers and users still renting up to five items a week during lockdown. “European and global expansion is a big part of our roadmap as we really see ourselves as the Depop or Airbnb of luxury fashion rental. We would keep local bases so Brexit would not have a direct impact on our business,” Kabra-Davies added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

👍

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brexit leaves London fighting for its future as Europe poaches businessLondon has been the unrivaled king of European finance for more than three decades. Brexit is starting to change that. BrexitLalaland WHY is the City so quiet about Brexit damaging their businesses?
Source: CNN - 🏆 4. / 95 Read more »