Right Brain, Left Brain | Clouds Looming Over Australian Fashion

Westfield Sydney | Source: Westfield

BoF’s editor-in-chief reports from Sydney, Australia, on a local fashion market that’s being radically reshaped by the arrival of global fast fashion chains and the meteoric growth of international e-tailers.

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A New Growth Brand for Japan’s Onward Holdings: Charles & Keith

Source: Charles & Keith

In Japan, the arrival of powerful fashion retailers from Asia has been a theme this Spring. Korean retailer E-Land began opening stores in March, but last month saw the unveiling of the first stores for Charles & Keith, the Singapore retailer which does for shoes and accessories what H&M and Zara do for apparel. Japanese market intelligence provider JapanConsuming investigates.

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Mango Mirroring Zara Challenges Europe’s Wealthiest Man

BARCELONA, Spain — Two years ago, Spanish retailer Mango could barely convince its employees to wear its dresses, skirts, and blouses, which many workers — and customers — thought were too formal. Today, Mango has ditched the glitz in favor of more casual attire like that from Spanish rival Inditex SA, the world’s biggest seller of apparel and owner of the Zara brand. The change has helped Mango outpace Inditex in Spain’s 16.2 billion-euro ($21 billion) clothing market. “We had gone way too far with our focus on clothes for parties and events,” said Enric Casi, general manager of the Barcelona-based retailer. “Not even our employees wore Mango.” The casual push wasn’t the only lesson Mango took from Arteixo, Spain-based Inditex as it…

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Inditex 2012 Profit Leaps 22 Percent On New Markets

Inditex Headquarters in La Coruna, Spain | Source: Inditex

MADRID, Spain — Zara owner Inditex tapped fashion-hungry consumers in new markets in 2012 to grow net profit by 22 percent even as austerity-hit shoppers in Europe tightened belts. The world's largest clothing retailer, which runs eight brands, posted net profit of 2.4 billion euros ($3.1 billion), opening new stores in 64 markets. It entered markets like Georgia, Bosnia and Ecuador for the first time.

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