Author Archive
10 February, 2012 | by Imran Amed, Editor

The Fashion Trail | 36 Hours in Qatar

DOHA, Qatar — Just before the madness of fashion week season began, I couldn’t resist accepting an invitation from Lama El Moatessem to visit Doha, the capital city of the tiny nation of Qatar, to attend the opening of the Peter Marino-designed flagship for Toujouri, Ms El Moatessem’s three year old fashion brand. How did a little-known Middle Eastern brand get Mr Marino, the go-to architect for powerhouse brands like Louis Vuitton, Chanel and Céline to design its first store? I was intrigued.

At first, driving through Doha doesn’t feel so different from driving through Dubai, the Gulf region’s major international hub. Both are cities with gleaming skyscrapers rising from the desert, in areas which were virtually empty less than a decade earlier, and both have drawn foreigners from all over the world to execute on ambitious economic development plans.

Indeed, in the last six years, Qatar’s population has almost doubled, growing from around 900,000 people in 2006 to almost 1.7 million today. During my 36 hour visit to Qatar, I met people from Spain, the Philippines, Malaysia, India, China, Nepal, the United States, and Egypt, all of whom had chosen to settle in Qatar to work in jobs ranging from manual labour to executive positions in major Qatari companies.

The 300,000 Qatari nationals have a high propensity for acquiring luxury goods, but until recently the vast majority of these products were bought abroad. In 2010, the investment arm of Qatar’s sovereign wealth fund even bought Harrods — yes, I mean the entire landmark luxury department store — from Mohamed Al-Fayed for an estimated £1.5 billion.

… Continue Reading

Email

3 Comments

26 January, 2012 | by Imran Amed, Editor

The Fashion Trail | Unravelling Brazil’s Luxury Market

RIO DE JANEIRO, Brazil – Arriving in Rio de Janeiro in the middle of the Brazilian summer, in a country experiencing an ongoing economic boom, certainly puts the bleak, uncertain economic outlook of wintry Europe and North America into sharp relief.

I was invited to Brazil on the generous invitation of ABIT, the Brazilian Textile and Apparel Industry Association, to attend Fashion Rio, the smaller of two semi-annual fashion events just concluded in Rio and São Paulo this week. And as ever on my trips to international markets, it was the perfect opportunity to explore firsthand one of the fastest growing luxury markets in the world, to see some local designers, and to get to know the local BoF community as well. Brazil ranked 13 on our list of countries with the most BoF readers, based on website traffic in 2011.

I came to Brazil with three questions on my mind: what are the prospects for the Brazilian luxury industry, what’s it like to do business here, and who is the Brazilian consumer?

… Continue Reading

Email

6 Comments

23 January, 2012 | by Imran Amed, Editor

The Creative Class | Bandana Tewari

Bandana Tewari | Photo: Johan Sandberg for Industrie Magazine

PARIS, France — Bandana Tewari has made a name for herself as one of the fashion industry’s smartest commentators. As fashion features director of Vogue India, she has quickly become the go-to source for anyone who wants to learn about the country’s rapidly evolving luxury market. Recently, she was named to Industrie magazine’s Fashion Media A-list, alongside other leading fashion commentators including Cathy Horyn, Tim Blanks and Suzy Menkes.

So, I am delighted to reveal that Bandana Tewari will pen a regular column for The Business of Fashion, offering her unique perspective on the Indian luxury market, starting with this interview originally conducted for Industrie.

I sat down with Bandana in between shows during Paris Fashion Week in September to talk about India’s fast growing fashion market, tailoring luxury products to Indian sensibilities, the power of Bollywood and wearing Tarun Tahiliani saris with Manolo Blahniks.

… Continue Reading

Email

6 Comments

20 January, 2012 | by Imran Amed, Editor

Elevator Pitch | Call for Submissions

Antique Elevator | Source: elevatorpreservation.com

In our final post in a week of articles on e-commerce innovation, we are pleased to launch Elevator Pitch, a recurring feature on BoF that will showcase one exceptional fashion-technology start-up per month and provide valuable feedback from a panel of fashion, technology and investment experts, as well as the BoF community.

LONDON, United Kingdom – Ever since the early days of BoF, we have taken a keen interest in the exciting emerging activity at the intersection of fashion, technology and entrepreneurship. From the first article we published about Gilt Groupe back in November 2007, when the company had only 5 employees, to our four-part series on FashionStake, which last week announced its acquisition by Fab.com, to our early features on platforms like Pinterest and Tumblr, which have gone on to attract tremendous attention from the fashion community, BoF has a track record for being the first to spot and support the most innovative start-ups making a mark in the fashion space.

As we have examined over the last few days here on BoF, we are currently witnessing a veritable surge of innovation and venture capital interest in the fashion-technology space. Amongst e-commerce start-ups alone, we have seen the emergence of new business models like curation, subscription retail, social merchandising, mass customisation, retail gaming and collaborative consumption.

What business models will be next to emerge? Who will be the next Net-a-Porter, Gilt Groupe or Pinterest? If you have a promising business idea in the fashion-technology space or are already working on a start-up and looking to raise your profile or attract funding, we are putting out a call for your Elevator Pitch: concise pitches that you might give to a potential investor, partner or key hire if you bumped into them in an elevator.

For entrepreneurs wishing to participate, please respond to the questions below for the opportunity to have your pitch featured here on BoF and receive valuable feedback from a panel of fashion, technology and investment experts.

… Continue Reading

Email

1 Comment

9 January, 2012 | by Imran Amed, Editor

Marking Five Years of BoF

Screenshot of BoF in 2007 | Source: BoF

LONDON, United Kingdom — This week marks a very special milestone in the history of The Business of Fashion: our 5th birthday!

Back in January 2007, I spent one hundred dollars for an annual Typepad subscription and, with the help of a friend, set up a blog at uberkid.typepad.com. I called it The Business of Fashion, cobbled together a clumsy looking header in Powerpoint and started jotting down ideas and observations about the fashion business.

There was no plan! Looking back, it’s a little cringeworthy to see how the blog shifted haphazardly from one subject to the next: reviewing the Milan menswear shows in one post, covering a Giles Deacon party in the next, analysing the luxury childrenswear market and reporting on senior executive shuffles at the Gap, all within the very first month and without any real editorial direction or strategy!

But we’ve come a long way since then and I’ve also learned a great deal about digital publishing. A few of the media properties that I most respect, including The Atlantic and The Guardian, have been buzzing about their “digital first” strategies. But BoF was born digital from day one, which has enabled us to take a particularly lean and responsive approach to publishing.

Indeed, one of the great strengths of digital – an inherently conversational medium – lies in the on-going dialogue it enables between content creators and the communities they attract. Rather than simply broadcasting to a passive audience, BoF has slowly but surely shaped an editorial voice that reflects the feedback and interests of our growing community of readers.

… Continue Reading

Email

17 Comments

Pages:1234567