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 has postponed its annual awards ceremony due to the conflict unfolding in the Middle East. The event was due to take place in Doha, Qatar on Oct. 25.
A new date for the event has not been scheduled, though Fashion Trust Arabia plans to announce its 2023 award winners before the end of the year.
“At FTA, our purpose has always been to support the talent of designers in the MENA region. However, we believe that, given the current situation in the region, it would be inconsiderate to proceed with our event,” Fashion Trust Arabia said in a statement.
Fashion Trust Arabia was founded in 2018 by Lebanese fashion editor Tania Fares and Sheikha Al-Mayassa bint Hamad bin Khalifa Al-Thani, the sister of Qatar’s ruling Emir, with the aim of supporting designers in the Middle East and North Africa region.
“Fashion Trust Arabia remains committed to its mission towards nurturing and fostering emerging talent from the MENA Region through continuing to provide financial support, opportunities and mentorships,” the statement continued.
Local streetwear brands, festivals and stores selling major global labels remain relatively small but the country’s community of hypebeasts and sneakerheads is growing fast.
This week’s round-up of global markets fashion business news also features Senegalese investors, an Indian menswear giant and workers’ rights in Myanmar.
Though e-commerce reshaped retailing in the US and Europe even before the pandemic, a confluence of economic, financial and logistical circumstances kept the South American nation insulated from the trend until later.
This week’s round-up of global markets fashion business news also features Korean shopping app Ably, Kenya’s second-hand clothing trade and the EU’s bid to curb forced labour in Chinese cotton.