The Business of Fashion talks to business people representing six emerging fashion markets: Brazil, Russia, Nigeria, China, the Middle East, and India.
Of Nigeria, Omoyemi Akerele said,
“In an environment with issues like fluctuating import regulations and double taxation, a task that seems as mundane as leasing property can be an arduous one if not properly handled. I can’t over-emphasize the importance of working with the right local partner or consultant to make operating in Nigeria less expensive. A willing investor has to really understand how to navigate the business terrain here — from the need to generate your own power to negotiating your way through the supply chain at Nigeria’s ports.”
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