Fashion Souk: Polaris Bank Commits to SMEs Promotion - The Top Society

Fashion Souk: Polaris Bank Commits to SMEs Promotion

Collaborates with Eventful Limited

Fashion Souk: Polaris Bank, Nigeria’s leading digital retail bank, has joined boisterous forces with Eventful Limited to present the 2023 season end edition of The Fashion Souk 9.0. This spectacular event is set to take place at Harbour Point, Victoria Island, Lagos, from Saturday, December 2nd, through Sunday, December 3rd, 2023.
The Fashion Souk has earned its reputation as Nigeria’s premier marketplace, providing a platform for smart Small and Medium-sized Enterprises (SMEs) in the fashion industry to showcase and market their diverse goods and services to a large audience. Focused on manufacturers, leather, retailers, and jewelry & accessories, The Fashion Souk stands as the largest congregation of such businesses in Nigeria to date.
Over 140 established SMEs in Nigeria’s fashion industry, leather, and jewelry/accessories sectors will participate in The Fashion Souk 9.0, spanning across manufacturers, retailers, and dealers. This event serves as an unparalleled opportunity for these businesses to exhibit their creativity, product lines, and unique offerings to a discerning audience.
Polaris Bank, in line with its commitment to SMEs, has been a key supporter of businesses in critical sectors of the Nigerian economy, including health, education, manufacturing, agriculture, export, and more. The bank has provided credits to these sectors for various purposes, such as the acquisition of medical equipment, machines, distribution, and logistics of medical products, among others.
Fashion Souk
The Sub-Saharan fashion market was valued at $31 billion in a November 2022 BusinessDay article, with Nigeria contributing 15 percent to the total regional market. Globally, the fashion industry was valued at $1.53 trillion in 2022, with revenue forecasted to increase to over $1.7 trillion in 2023, according to Statista.
Polaris Bank’s accolades as Nigeria’s Digital Bank of the Year in 2023, 2022, and 2021 in Business Day’s Banks and Other Financial Institutions (BAFI) Awards highlight its commitment to digital innovation. The bank has also been recognized as Nigeria’s Best MSME Bank of the Year, acknowledging its use of technology to provide bottom-up support to the MSME sector.
As a digital-forward bank, Polaris Bank remains dedicated to shaping a customer-focused future through innovative partnerships that positively impact both businesses and communities. The Fashion Souk 9.0 promises to be a memorable showcase of Nigeria’s rich diversity, talent, and innovation within the fashion industry, providing attendees and shoppers with an immersive experience and opportunities to engage with industry experts.
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