The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Fashion Trust Arabia (FTA) hosted its third annual FTA Prize Wednesday evening at the National Museum of Doha, Qatar.
Winners included Zaid Affas for ready-to-wear design, Benchellal for eveningwear design, Port Tanger for accessories design, Alia Bin Omair for jewellery design and El Tayeb Nation, who won the Franca Sozzani Debut Talent award.
Amina Muaddi was also the first recipient of the new Entrepreneur of the Year award, celebrating young Arab creative entrepreneurs making an impact globally.
The FTA 2021 Prize jury was comprised of some of the global fashion industry’s major players, including Carine Roitfeld, Elie Saab, Haider Ackermann, Alexa Chung, Juergen Teller, Natalia Vodianova, Balmain’s Olivier Rousteing, Valentino’s Pierpaolo Piccioli, Moncler chairman and CEO, Remo Ruffini and Virgil Abloh.
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Chanel, Dior Entice Gulf Clients to Shop Locally
Major luxury brands are making a splash this week in Dubai and Doha in a bid to excite locals who were restrained from shopping abroad during the pandemic.
Reliance plans to open top-end luxury mall in Mumbai with LVMH and Kering brands set to open stores, marking retail expansion for brands in India.
This week’s round-up of global markets fashion business news also features South African clothing retailer Woolworths, Bahraini asset manager Investcorp and Indonesia’s threats to curb TikTok Shop.
Reliance Industries and Tata Group have launched multi-brand beauty retailers Tira and Tata Cliq Palette respectively in a challenge to incumbents like Nykaa, Purplle and Sephora.
This week’s round-up of global markets fashion business news also reveals the succession plan for an Indian retail billionaire, Kenya’s strategy to revitalise its textile industry and forced labour in Turkmenistan’s cotton harvest.