This season, the runways of São Paulo and Rio de Janeiro were alive with newfound optimism and Brazilianness. But the underlying economic situation presents a starker reality for Brazil’s domestic fashion industry.
A growing number of Chinese are turning to “selling agents” to circumvent import duties and get their hands on authentic luxury goods at lower prices.
Inside Za’atari, a Syrian refugee camp in Jordan, a nimble micro-economy worth about $12.7 million per month, hosts a growing number of shops selling fashion and accessories. BoF reports.
Under pressure from international competition, unaffordable real estate and manufacturing woes, Australia’s fashion industry is facing a crisis. But there are signs of hope amidst the gloom.