China Luxury Market Forecast to Rebound in 2026, Bain Says
The consultancy expects a ‘modest’ expansion of the mainland luxury market this year but warned that recovery would be fragile and uneven across brands and categories.

This week’s round-up of global markets fashion business news also features Galeries Lafayette in India, Peruvian vicuna and Lagos Fashion Week’s prize win.

This week’s round-up of global markets fashion business news also features Galeries Lafayette in India, Peruvian vicuna and Lagos Fashion Week’s prize win.

The $63.2 billion Diriyah Project, built around the UNESCO World Heritage Site of At-Turaif, is set to become Saudi Arabia’s premier lifestyle destination. Designed to meet the aspirations of the evolving Saudi consumer and the needs of a growing tourism market, BoF sits down with Diriyah Company’s chief business development officer, Alfie Gibbs, to learn more.

The $63.2 billion Diriyah Project, built around the UNESCO World Heritage Site of At-Turaif, is set to become Saudi Arabia’s premier lifestyle destination. Designed to meet the aspirations of the evolving Saudi consumer and the needs of a growing tourism market, BoF sits down with Diriyah Company’s chief business development officer, Alfie Gibbs, to learn more.

Wafuku fabric and fashion houses are searching for new ways to offset falling kimono sales and safeguard their artisanal heritage. But will a mix of modernisation, diversification and overseas collaborations be enough to secure their survival?

Wafuku fabric and fashion houses are searching for new ways to offset falling kimono sales and safeguard their artisanal heritage. But will a mix of modernisation, diversification and overseas collaborations be enough to secure their survival?

This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.

This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.

Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.

Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.

This week’s round-up of global markets fashion business news also features India-US trade deal optimism, Australian luxury e-tailer Cettire and Dubai’s mall in the forest.

This week’s round-up of global markets fashion business news also features India-US trade deal optimism, Australian luxury e-tailer Cettire and Dubai’s mall in the forest.

Brands like Loewe are betting on the craze for bite-sized soap operas, testing how far they can stretch mass-market entertainment without undermining their prestige positioning.

Brands like Loewe are betting on the craze for bite-sized soap operas, testing how far they can stretch mass-market entertainment without undermining their prestige positioning.

This week’s round-up of global markets fashion business news also features India’s Reliance Retail and fashion week events in Shanghai, Riyadh and Mexico City.

This week’s round-up of global markets fashion business news also features India’s Reliance Retail and fashion week events in Shanghai, Riyadh and Mexico City.

Global brands are betting that glittering campaigns and festive designs will tempt Indian shoppers to look past economic headwinds and splurge during a key spending period in the retail calendar.

Global brands are betting that glittering campaigns and festive designs will tempt Indian shoppers to look past economic headwinds and splurge during a key spending period in the retail calendar.

Budapest Central European Fashion Week is positioning the Hungarian capital as a gateway to Central Europe’s fashion market — giving regional design talent a platform to showcase their unique collections to international buyers and media.

Budapest Central European Fashion Week is positioning the Hungarian capital as a gateway to Central Europe’s fashion market — giving regional design talent a platform to showcase their unique collections to international buyers and media.

A deadly fire at a Bangladeshi garment factory and an adjacent chemical warehouse highlights the ongoing issue of poor fire and building safety standards in the country’s vital garment sector.

A deadly fire at a Bangladeshi garment factory and an adjacent chemical warehouse highlights the ongoing issue of poor fire and building safety standards in the country’s vital garment sector.

This week’s round-up of global markets fashion business news also features China’s Shan Future Forum and Saudi Arabia’s new development in Diriyah Square.

This week’s round-up of global markets fashion business news also features China’s Shan Future Forum and Saudi Arabia’s new development in Diriyah Square.
The consultancy expects a ‘modest’ expansion of the mainland luxury market this year but warned that recovery would be fragile and uneven across brands and categories.
The deal is expected to ease market access for key European products, including cars and wine, in return for easier Indian exports of textiles, gems and pharmaceuticals.
The tough retail environment was also reflected in Reliance Industries’ rival Tata Group reporting a double-digit decline in average store space revenue for Tata’s fast-fashion unit Trent Ltd. in the December quarter.
Japanese department store operators Takashimaya, J Front Retailing and H2O Retailing were among those hit by prolonged geopolitical tensions with China.
The SoftBank-backed online marketplace, popular in smaller Indian cities, joins a growing list of companies tapping the country’s booming IPO market.
The media-to-chemicals conglomerate has valued the luxury fashion brand’s parent FSP Design Private Limited at $54.6 million.
The world’s largest shopping event failed to spark widespread excitement as ongoing consumer malaise tempered spending.
Designers Willy Chavarria and Patricio Campillo also received honours at the Latin American Fashion Awards which concluded this weekend in the Dominican Republic.