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.
Chalhoub Group, one of the biggest distributors of fashion and luxury goods in the Middle East, has launched Saudi Arabia’s first Fashion Lab, an open platform aiming to boost Saudi fashion brands with funding and industry guidance, according to a report in Entrepreneur Middle East.
Applications are open for the program until July 25, with successful entrants receiving funding of $15,000, with the potential of an equity partnership after the program is concluded. They will also gain access to Chalhoub Group’s extensive retail network, including online and offline channels to sell products, such as Tryano.com and Saks and receive mentorship and training from experts in entrepreneurship and the fashion industry, covering issues such as market strategies, supply chain, content creation and media strategies.
Further Reading: A New Era of Arab-Led Fashion Media
Harper’s Bazaar and Esquire have launched Saudi Arabian editions, signalling a drive toward localisation in the Middle East that locals say is long overdue.
This week’s round-up of global markets fashion business news also features Latin American mall giants, Nigerian craft entrepreneurs and the mixed picture of China’s luxury market.
Resourceful leaders are turning to creative contingency plans in the face of a national energy crisis, crumbling infrastructure, economic stagnation and social unrest.
This week’s round-up of global markets fashion business news also features the China Duty Free Group, Uniqlo’s Japanese owner and a pan-African e-commerce platform in Côte d’Ivoire.
Affluent members of the Indian diaspora are underserved by fashion retailers, but dedicated e-commerce sites are not a silver bullet for Indian designers aiming to reach them.