Global Briefing | Behind the Flurry of Store Openings in Australia

Louis Vuitton Maison in Sydney | Source: moluxury.com.au

SYDNEY, Australia — 2011 was an extremely busy year for luxury retail expansion in Australia. In April, Burberry opened a new flagship on Sydney’s George Street. In July, Prada and Miu Miu opened flagships in Sydney’s Westfield  shopping mall, where Gucci also opened its own two-level emporium in November. Then, in a dramatic end-of-year crescendo, Louis Vuitton opened a grand Maison on George Street and Bottega Veneta and

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The Fashion Trail | Unravelling Brazil’s Luxury Market

New Order accessories Winter 2012 | Source: BoF

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

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Global Briefing | Is FDI Reform the Answer to the India Problem?

Hermès Flagship, Mumbai | Source: skyscrapercity.com

In our second article this week focused on India, we investigate the barriers impeding the growth of India’s international luxury goods market, which go beyond the recently lifted restrictions on foreign direct investment. MUMBAI, India — “By the end of 2015, emerging markets should account for more than 50 percent of luxury sales,” Antoine Colonna, a luxury analyst at the asset manager Carmignac Gestion in Paris, told The

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Global Briefing | Cracking E-Commerce in China

Xiu.com screenshot | Source: Xiu.com

We continue this week’s focus on e-commerce by turning our attention on how to succeed in the rapidly expanding e-commerce market in China.  BEIJING, China — According to a recent report by The Boston Consulting Group (BCG), China is set to become the world’s next e-commerce superpower, surpassing the United States to become the largest online commerce market in the world, with an estimated market size of $300 billion. In

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The Fashion Trail | Holon Fashion Week

Design Museum Holon | Photo: Meir Bar Asher

TEL AVIV, Israel — For people who live smack dab in the middle of the world’s most politically charged region, Israelis are a very warm and welcoming bunch, keen to show a side of the country that doesn’t make it into most international news reports. As is true for most places in the world, in order to understand Israel and its people, one really needs to visit the country and experience it first hand. So, I was extremely fortunate

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Arc’teryx: An Urban Journey from Outdoor Apparel to Menswear Fashion

Pieces from the Fall 2011 collection | Source: Arc’teryx Veilance

VANCOUVER, Canada — An unassuming building, in an unassuming industrial complex. It’s hard to believe that this is the headquarters of Arc’teryx, an outdoor apparel and equipment company known for its shell jackets, base layers, packs and climbing harnesses. Of course, not far away are the abundant ski runs and hiking trails of Vancouver’s North Shore, where personal experience and first-hand product testing have given rise to the

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Global Briefing | How Can Emerging Fashion Brands Get a Leg Up in Chinese Retail?

BEIJING, China — With Chinese luxury consumption projected to account for 20 percent, or US$27 billion, of global luxury sales by 2015, it’s no secret that big international fashion brands are racing to establish and expand their retail operations in the country. But as competition for prime real estate surges, it’s clear that not all brands are treated equally. While some find it relatively easy to secure retail space, others have

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Global Briefing | How to Seize the China Opportunity, Beyond Store Openings

BEIJING, China — According to Bain & Company, a consulting firm, China is currently the world’s second largest consumer of luxury goods, ahead of Japan and second only to the United States. McKinsey forecasts that by 2015, China will account for around 20 per cent, or 180 billion renminbi (US$27 billion) of global luxury sales. With numbers like these, it’s no surprise that a major land grab is underway amongst fashion brands

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The Fashion Trail | Australia, Against All Odds

Dion Lee S/S 2011 at Sydney Opera House | Photo: BoF

SYDNEY, Australia — Australian fashion has an image problem. When I mentioned to friends that I was thinking of attending Rosemount Australian Fashion Week in Sydney, the reaction ranged from raised eyebrows to incredulous laughter. Others quipped that the sum total of Australia’s contribution to global fashion could be distilled down to Ugg boots and swimwear. “Surely you’d only be going to take some time in the

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The Fashion Trail | Modern Mumbai and Lakmé Fashion Week

Bandana Tewari at Lakmé Fashion Week | Photo: BoF

MUMBAI, India – From the minute I landed in Bombay—as everyone here still calls it—the rapidly shifting nature of contemporary India was apparent. Instead of waiting in agonisingly long queues at the airport, I breezed through immigration, customs and bag collection in only 45 minutes. That’s faster than one can make it through most terminals at Heathrow or JFK these days. Outside the airport, cranes building a new terminal towered

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The Fashion Trail | Fashion Rio Reaffirms Its Raison-d’Etre

RIO DE JANEIRO, Brazil — While Sao Paulo Fashion Week kicked off on Friday, the industry’s eyes have been on Brazil and its booming fashion sector for a few weeks already, specifically on Rio de Janeiro and its own designer showcase, Fashion Rio. The weeklong run of shows in the country’s second city traditionally precedes the higher-profile Sao Paulo collections. And in the first month of the new decade and with an increasingly

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The Fashion Trail | In Italy, Digital Strategies are only Screen Deep

Hogan A/W 2011 Presentation | Source: The Business of Fashion

MILAN, Italy — In the wake of the financial crisis of 2008, luxury fashion brands found themselves scrambling to develop strategies for the so-called “new normal.” Logos and conspicuous consumption were out, it was said. Customers were now looking for understated luxury, value and discretion. And so, in uncanny lock-step syncopation, brands from Louis Vuitton to Gucci to Dolce & Gabbana began a strategic march to

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