Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Nigeria
Global Markets
Africa’s Answer to Amazon on Balancing Speed with Discipline
Jumia has seized the e-commerce opportunity in dynamic markets from Nigeria to Egypt, though it didn’t see the growth rates analysts expected during the pandemic. Next year, the e-tailer will be even more disciplined about its path to profitability, says chairperson Juliet Anammah.
Africa’s Answer to Amazon on Balancing Speed with Discipline
Jumia has seized the e-commerce opportunity in dynamic markets from Nigeria to Egypt, though it didn’t see the growth rates analysts expected during the pandemic. Next year, the e-tailer will be even more disciplined about its path to profitability, says chairperson Juliet Anammah.
News & Analysis
Mastercard to Invest in Africa Online Retailer Jumia
The US credit card giant joins shareholders such as French drinks maker Pernod Ricard, MTN Group and Rocket Internet.
Mastercard to Invest in Africa Online Retailer Jumia
The US credit card giant joins shareholders such as French drinks maker Pernod Ricard, MTN Group and Rocket Internet.
Financial Markets
African E-Commerce Firm Jumia Files for IPO
The New York filing could value the company at $1.6 billion or more.
African E-Commerce Firm Jumia Files for IPO
The New York filing could value the company at $1.6 billion or more.
Technology
Orange to Invest in Nigerian E-Commerce Group Africa Internet
French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group and become a shareholder, the two companies said on Tuesday.
Orange to Invest in Nigerian E-Commerce Group Africa Internet
French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group and become a shareholder, the two companies said on Tuesday.
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News & Analysis
Nigeria’s Fashionistas Upset by Falling Oil Prices
"The drop in world oil prices is hitting the fashion-conscious women of Kano hard. The city in Nigeria's far north is a long way from the oilfields
Nigeria’s Fashionistas Upset by Falling Oil Prices
"The drop in world oil prices is hitting the fashion-conscious women of Kano hard. The city in Nigeria's far north is a long way from the oilfields
Technology
Rocket Internet's Jumia Goes Deeper into Africa
Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets: Uganda, Ghana and Cameroon.
Rocket Internet's Jumia Goes Deeper into Africa
Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets: Uganda, Ghana and Cameroon.
News & Analysis
Nigeria Surpasses South Africa as Continent's Biggest Economy
ABUJA, Nigeria — Nigeria has overtaken South Africa as Africa's largest economy after a rebasing calculation nearly doubled its gross domestic
Nigeria Surpasses South Africa as Continent's Biggest Economy
ABUJA, Nigeria — Nigeria has overtaken South Africa as Africa's largest economy after a rebasing calculation nearly doubled its gross domestic
News & Analysis
Rocket Internet’s E-commerce Startup Jumia Raises $35M as its Passes 500,000 Customers in Nigeria
"Jumia, the leading online retailer in Nigeria, has raised $35 million in fresh funding from Millicom to expand in its domestic market and move into
Rocket Internet’s E-commerce Startup Jumia Raises $35M as its Passes 500,000 Customers in Nigeria
"Jumia, the leading online retailer in Nigeria, has raised $35 million in fresh funding from Millicom to expand in its domestic market and move into
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Global Markets
Nigeria: Taking Africa's Giant Seriously
In a new series, Market GPS, BoF looks beyond the BRICs to the next tier of emerging market opportunities. First up, we examine Africa's giant, Nigeria.
Nigeria: Taking Africa's Giant Seriously
In a new series, Market GPS, BoF looks beyond the BRICs to the next tier of emerging market opportunities. First up, we examine Africa's giant, Nigeria.
News & Analysis
Estee Lauder M.A.C. Driving Sales From Nigeria to Brazil
"When Estee Lauder Cos. opened a store selling M.A.C. makeup in Lagos, Nigeria, this month, it didn’t have much company. Going where rivals aren’t is
Estee Lauder M.A.C. Driving Sales From Nigeria to Brazil
"When Estee Lauder Cos. opened a store selling M.A.C. makeup in Lagos, Nigeria, this month, it didn’t have much company. Going where rivals aren’t is
News & Analysis
Week in Review | Against Fast Fashion Collaborations, Joe Fresh's approach, Leutton Postle
Op-Ed | Making The Case Against Fast Fashion Collaborations (Opinion) "These underlying commercial motives are often obscured, however, by a
Week in Review | Against Fast Fashion Collaborations, Joe Fresh's approach, Leutton Postle
Op-Ed | Making The Case Against Fast Fashion Collaborations (Opinion) "These underlying commercial motives are often obscured, however, by a
News & Analysis
Retail theatre, Nigerian lace, Hilfiger eyes Michael Kors investment, Ferragamo IPO, Giles' playful disposition
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Retail theatre, Nigerian lace, Hilfiger eyes Michael Kors investment, Ferragamo IPO, Giles' playful disposition
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The News in Brief
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.
Henkel Raises Sales Guidance for 2026
The German conglomerate and Schwarzkopf parent lifted its annual sales forecast, though growth for its adhesives unit outpaced its consumer brands.
EBay Gives Solid Outlook, Says It Paid More to Acquire Depop
The resale marketplace beat sales and profit expectations but said its purchase price for Depop was $200 million more than initially announced.
Shopify Shares Soar as Revenue Outlook Beats Estimates
Shares surged after the company's third-quarter revenue outlook beat expectations, strengthening the view that it faces limited disruption from AI.