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.
The Fashion Trust Arabia, a fashion fund dedicated to spotlighting Middle Eastern talent, announced seven winners of its prize on Monday.
The awards ceremony was postponed this year due to the unfolding conflict in the Middle East and was due to take place on Oct. 25, 2023 in Doha, Qatar. Following a two-day deliberation, the Fashion Trust Arabia awarded womenswear designer Amir Al Kasm and Renaissance Renaissance founder Cynthia Merhej as winners of the evening wear category.
The finalists were selected by a panel that included Sheikha Al-Mayassa bint Hamad bin Khalifa Al-Thani and fashion writer Tania Fares, who founded the Trust in 2018.
Other winners included Beirut, Lebanon-based designer Ahmed Amer for the ready-to-wear category, British-Lebanese jewellery designer Katarina Tarazi for the jewellery category, and design duo of eyewear label A Better Feeling Omar Taha and Lily Max for accessories. Menswear designer Adam Elyasse took home the Franca Sozzani Debut Talent award and Nigerian designer Adeju Thompson, founder of Lagos Space Programme, was awarded the Guest Country Award.
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Fashion Trust Arabia Awards Postponed Amid Middle East Conflict
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.
This week’s round-up of global markets fashion business news also features interest payments outpace spending on clothes in Korea, Alibaba loses senior cloud executive as uncertainty persists and COP28 ends with deal on a transition away from fossil fuels.
This week’s round-up of global markets fashion business news also features Dior teams up with rising Japanese artist Otani, Unilever ventures doubles down on Australian hair care brand Straand and Chennai manufacturing limps back after cyclone flooding.
This week’s round-up of global markets fashion business news also features PDD’s ascent in China, Kenya’s controversial suit ban and subterfuge in India’s jewellery trade.
According to The State of Fashion 2024, a potentially volatile global economy and geopolitical tensions in the coming months could further dent consumer confidence in key markets, requiring fashion brands, retailers and suppliers to bolster contingency planning and double down on operating efficiencies, among other measures.