fashionstyleway: 7月 2014

2014年7月31日星期四

Under Armour Cozies Up to Women

Kelley O’Hara, Leanne Fremar, Lindsey Vonn, Misty Copeland

The athletic brand debuted its largest female-centric ad campaign.

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Good Taste: Sarah Darling

Sarah Darling

Country singer Sarah Darling is putting her signature touch on boots by Durango.

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What Everyone’s Talking About This Week: 07/28/14

Kristen Stewart at the MTV Movie Awards

Read the top news and feature stories from the week beginning July 28, 2014.

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Kathryn Bufano Named Bon-Ton President, CEO

The president and chief merchandising officer of Belk Inc. will succeed Brendan Hoffman on Aug. 25.

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3 Questions With Palette's Meline Katchi

Palette Studio

The co-founder of Palette Studio talked to FN about creating a brand to complement footwear designers.

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'Life After Beth' Screens in New York

Aubrey Plaza

The movie features up-and-comers Aubrey Plaza and Dane DeHaan.

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Rupert Sanderson in the Fast Lane

Rupert Sanderson, fall

The designer juxtaposed his latest collection against a 1980s Lamborghini.

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Steve Madden Falls Short of Street Expectations in Q2

Steve Madden

The company cited the sluggish U.S. retail environment as a negative influence on the period.

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Converse Gets An Italian Makeover

Converse Chuck Taylor All Star Missoni collection

Converse teamed with Missoni on a collection of shoes that go on sale August 4.

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Not A Fan Of Kate Middleton's Wedges? Try The Top 20 Fashion Wedges On The Block

There's no denying that the Duchess of Cambridge is the queen of wedges. Stepping out again in her favourite Stuart Weitzman 'Corkswoon' style this week for the Commonwealth Games, she once again proved their versatility by leaping over tins in her stacked heels. However, Kate's classic taste in footwear may not be everyone's cup of tea - just like the rest of her style, her wedges are timeless,...

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Tommy Hilfiger, Safilo Renew Eyewear License

The Italian eyewear manufacturer and designer have decided to renew their global eyewear licensing agreement.

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L'Oréal H1 Profits Rise 1.5%

Strong performances were noted in the company’s Luxe and Active Cosmetics Divisions during the period.

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Style Hunter: The Best Street Style Looks Of The Month

Men's Fashion Week isn't just about the boys... the most stylish women at the shows brought mannish touches to their wardrobes with the deftest of hands. An oversized straw-boater teamed with slouchy wrap dress looked chic whilst a baseball tee added a new-found twist to a printed midi skirt. Mannish touches are perfect for making a boyish homage at men's fashion week from Panamas to neckties and...

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U.K. Court Rules Victoria's Secret Infringed Thomas Pink's Trademarks

Thomas Pink had issued proceedings after Victoria’s Secret launched its Pink brand in the U.K. in 2012.

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Chinese Gold Jewellery Demand Sees Quarterly Drop

Chinese gold jewellery demand fell for the first time in eight years in the second quarter.

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German Jobless, Retail Data Point to Strong Domestic Economy

German unemployment dropped more than expected in July and retail sales climbed in June.

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U.S. Government Warns Retailers About Malicious Software

The U.S. Department Of Homeland Security warned retailers about a type of malicious software attacking point-of-sales systems, dubbed "Backoff."

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Hong Kong June Retail Sales Fall 6.9%

A government spokesman noted that retail sales registered another year-on-year decline in June.

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Everything But Water to Acquire Aqua Beachwear

The combined retail chain will total 93 stores across 26 states and the U.S. Virgin Islands.

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The Best Jackets On The Spring Summer 2014 Catwalks

The British weather always makes it tricky when it comes to getting dressed. Will it rain? Will it be cold? Will I get all sweaty? But to be prepared for such bipolar weather, all you need is a jacket. Jackets mean you don't need to swamp your trendy ensemble - in fact, they can be the perfect finishing touch to a fashionable outfit underneath. Some may guffaw at covering up in the summer, but...

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Bulova Corporation Taps Mary Beth Trypus

In the role, Trypus will be responsible for Bulova’s sales and marketing initiatives.

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'Guardians of the Galaxy' Hits New York

Zoe Saldana

Chris Pratt, Zoe Saldana and Vin Diesel attended the screening at the Crosby Street Hotel.

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Vivarte Cuts Debt By $2.7Bn

The French retail conglomerate is switching hands as part of its financial restructuring.

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Nordstrom to Acquire Trunk Club

The retailer is expanding its direct-to-consumer options.

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Right Dress, Wrong Shoes: How To Not Have A Footwear Faux Pas

We’ve all been there. Right dress, wrong shoes: it’s a crime against fashion that’s all too easy to stumble into. We’ve long thought about this wardrobe conundrum when poring over pap pics: Taylor Swift, with such long Bambi legs could wear any outfit and still look like a complete All American goddess, but her nice clothing choices are often let down by bizarre footwear. Her pins are...

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Agent Provocateur Investor to Explore Sale

3i to examine strategic options for luxury lingerie firm.

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Avon Posts Q2 Profit Decline

Revenues fell 13%.

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Pandora Shares Drop Thursday

The Danish jewelry brand’s stock declined after investors sued over a 2011 profit warning.

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Brian Cornell Named Target CEO

Cornell starts Aug. 12.

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Catterton Buys John Hardy Brand

A look from John hardy.

WWD has also learned that Robert Hanson, former ceo of American Eagle Outfitters, has been named ceo of the luxury jewelry brand.

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Europe’s Markets Slip

Most fashion and luxury stocks were also trending down in late-morning trading Thursday.

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Angelos Bratis to Show at the Armani Theater

The Greek designer will present his new collection there during the upcoming Milan Fashion Week.

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Isetan Q1 Net Falls 28.7%

The retailer suffered on higher expenses as business slowed in the wake of April's sales tax hike.

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Metro Books Q3 Loss

The German group confirmed its full-year guidance.

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Shiseido Posts Q1 Loss

Tax and personnel expenses bit into the bottom line as sales rose 3.7 percent.

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Adidas Lowers Full-Year Guidance

The sporting goods firm said it now expects a mid- to high-single-digit rise in currency-neutral sales in 2014.

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Carrefour Operating Profit Up 7.9% in H1

Improved profitability in Europe and Latin America made up for continued weakness in China.

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10 Hot Instagram: Here Are VB's Most Liked Photos

We love VB's fun instagram pics (Instagram)

There is nothing better than a rare glimpse into Victoria Beckham’s life – and we aren’t talking the daily pap, oh no, we mean the real behind-the-scenes snaps she posts on Instagram. We just wish she posted more. Not least of that hotter than hot husband of hers. In the meantime, let’s check out the designer’s most Liked...

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Agent Provocateur Investor to Explore Sale

3i to examine strategic options for luxury lingerie firm.

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Avon Posts Q2 Profit Decline

Revenues fell 13%.

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Catterton Buys John Hardy Brand

A look from John hardy.

WWD has also learned that Robert Hanson, former ceo of American Eagle Outfitters, has been named ceo of the luxury jewelry brand.

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What Is Sexy? Victoria's Secret Names The 19 Sexiest Stars

If there's anyone who knows sexy, it's those Victoria's Secret ladies so we're all ears as they reveal the What Is Sexy? List. As the Angels informs us, sexy is all about less is more so for 2014, the VS Angels honour the hottest and most inspiring women in Hollywood who embody a 'simple, casually confident lifestyle'.

From Sexiest Street Style to Sexiest Natural Beauty, it's all...

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We Talked To Foxes About Burgers, Crop-Tops And Her Latest Collaboration With Adidas

Foxes does sportswear + 'mom' jeans for Adidas Energy Boost

Sportswear is so haute right now - it's mixed with high-end designer looks and papped-to-death at fashion week shows, trainers appeared on the Chanel Couture catwalk and crop-tops and street-inspired pieces are spotted on just about every celeb from Rihanna to Beyonce. So it's no suprise that Adidas...

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Pandora Shares Drop Thursday

The Danish jewelry brand’s stock declined after investors sued over a 2011 profit warning.

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Brian Cornell Named Target CEO

Cornell starts Aug. 12.

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Europe’s Markets Slip

Most fashion and luxury stocks were also trending down in late-morning trading Thursday.

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Angelos Bratis to Show at the Armani Theater

The Greek designer will present his new collection there during the upcoming Milan Fashion Week.

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Isetan Q1 Net Falls 28.7%

The retailer suffered on higher expenses as business slowed in the wake of April's sales tax hike.

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Want To See The Olsen Twins' Wedding Dress?

[Image: Refinery29]

As soon as Mary Kate and Ashley are involved, you know it's going to be a chic affair. But when you add in a stylist bride and a rockstar godmother, the stakes are upped. The Olsen twins debuted their nuptial design skills with a one-off, bespoke creation for their longtime pal, Molly Fishkin's wedding. Oh, and Stevie Nicks did an impromptu...

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VIDEO: Miranda Kerr Goes Topless For Sultry 7 For All Mankind Campaign

While the Orlando Bloom vs Justin Bieber row continues to sweep the Internet, Miranda Kerr is sticking to what she does best: a whole lot of sultry posing. The model took to her Instagram account last night to unveil 7 For All Mankind's Autumn Winter 2014 campaign and today, we've been treated to the full foxy shebang.

The denim brand has focused on...

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2014年7月30日星期三

Knot Party

Bottega Veneta is holding an event in Saint-Tropez to celebrate one of the brand’s iconic designs.

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Authentic Brands Deal

Authentic Brands Group has acquired four sports-inspired athletic footwear brands from Payless Holdings for an undisclosed amount.

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Celebrity Fashion: Black and White Pictures

For her "Late Night Starring Jimmy Fallon" appearance, Brit Marling wore a graphic striped dress from Thakoon

From florals to lace to colorblocks, these celeb shots prove that there’s nothing boring about classic black and white.

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Carine Roitfeld Talks Harper's Bazaar Coup

Lady Gaga

Her biggest project thus far as Bazaar’s global fashion director will be unveiled on Aug. 19.

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Fine Jewelry Trend: Case of the Blues

David Yurman necklace

The tanzanite is the comeback stone of the season as designers bring the moody blue rock back into the limelight in a number of tantalizing ways.

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Man of the Week: Chris Pratt

WWD Man of the Week: July 31, 2014

The star of "Guardians of the Galaxy" is not only an invincible Space Age pilot, but a sharp dresser with a newly chiseled body as well.

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Men's Spring 2015 Accessories

Baartmans and Siegel Men

Here are some highlights of the spring season.

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Michael Bastian Creates Stylish Smartwatch

Looks from the Michael Bastian Smartwatch Powered by HP Technology collection.

The men’s wear designer has teamed with Hewlett-Packard and Gilt to create a luxury watch with smart technology.

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Yoox Profits Rise 15.9% in First Half

Lifted by growth in all key markets and business channels, the Italian e-tailer continued its upward trajectory.

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Reebok Opens FitHub in Union Square

A Reebok lifestyle ad.

Fitness brand will also bring stores to California.

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Fashion Stocks Slip 0.1%

Yoox, Kering, Michael Kors lead sector down.

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Brand Connects Smartphones to Smart Shoes

Lechal

Ducere Technologies has produced the first footwear that directs wearers via vibrations.

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Authentic Brands Group Adds to Portfolio

Airwalk team rider Andy Macdonald

The company purchased assets from Payless Holdings LLC, such as Airwalk.

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MCM Focuses on European Growth

The MCM store in Harrods.

German accessories firm moves into Paris, London.

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Celebrity Footwear Fans

Working a wardrobe of mostly navy, Kate Middleton knew how to play it at the Commonwealth Games: comfortable Stuart Weitzman wedges for any outing.

Some stars can’t get enough of a certain style shoe. Take a look.

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3 Questions for Scott Silverstein

Adrianna Papell, spring

The CEO of his eponymous company launched Adrianna Papell footwear two years ago. Find out what he's been up to since.

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Yoox Profits Rise 15.9%

Lifted by growth in all key markets and business channels, Yoox SpA continued its upward trajectory in the first half.

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Serge Cajfinger Leaves Paule Ka

Serge Cajfinger

The brand’s founder and artistic director is said to pursue “personal projects” but will stay minority shareholder.

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Kering Revenues Rise 1.8% in Q2

A Gucci Swing handbag.

The French conglomerate announced it was buying Swiss luxury watch firm Ulysse Nardin.

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Intermix Names Jyothi Rao President

She will start on Sept. 2 and will report to Art Peck, president of Gap Inc.'s growth, innovation and digital division.

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Snapchat in Financing Talks With Alibaba

The financing could value the company at $10 billion.

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Revlon Posts Q2 Profit Decline

Revlon is exiting China.

The company saw a gain in consumer sales.

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Galeries Lafayette Marks Andam Anniversary With Photo Exhibit

“Les affaires” featuring designs by Véronique Leroy

The photographs by Philippe Jarrigeon will go on show at the retailer’s flagship store in Paris.

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Amazon to Invest Additional $2B in India

Investment comes as e-commerce race heats up.

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Christian Dior Links With Princess Grace Foundation-USA

Prince Rainier of Monaco with Princess Grace of Monaco in Dior in New York in 1956.

The French luxury firm will become the sole presenting sponsor for the foundation’s upcoming award galas in Los Angeles, Monaco and New York.

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Model Call: Gigi Hadid

Gigi Hadid on the street during New York Fashion Week in February.

WWD recently caught up with the newly minted Sports Illustrated swimsuit-issue model in between takes on the annual Pirelli Calendar photo shoot.

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Snoopy and Belle: Back in the Fashion Spotlight

Snoopy and Belle by Dsquared2.

The beloved companion of Charlie Brown and his sister will once again be given a makeover with the reprisal of the “Snoopy in Fashion” project.

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Outdoor Retailer Preview: Yoga, Ath-leisure Set the Pace

Breathe by Body Glove

At the upcoming trade show, the unofficial slogan for exhibitors might be: Let’s get physical — and fashionable.

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Reebok Opens FitHub in Union Square

A Reebok lifestyle ad.

Fitness brand will also bring stores to California.

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Brand Connects Smartphones to Smart Shoes

Lechal

Ducere Technologies has produced the first footwear that directs wearers via vibrations.

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Authentic Brands Group Adds to Portfolio

Airwalk team rider Andy Macdonald

The company purchased assets from Payless Holdings LLC, such as Airwalk.

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Celebrity Footwear Fans

Working a wardrobe of mostly navy, Kate Middleton knew how to play it at the Commonwealth Games: comfortable Stuart Weitzman wedges for any outing.

Some stars can’t get enough of a certain style shoe. Take a look.

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MCM Focuses on European Growth

The MCM store in Harrods.

German accessories firm moves into Paris, London.

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3 Questions for Scott Silverstein

Adrianna Papell, spring

The CEO of his eponymous company launched Adrianna Papell footwear two years ago. Find out what he's been up to since.

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Yoox Profits Rise 15.9%

Lifted by growth in all key markets and business channels, Yoox SpA continued its upward trajectory in the first half.

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Serge Cajfinger Leaves Paule Ka

Paule Ka RTW Fall 2014

The brand’s founder and artistic director is said to pursue “personal projects” but will stay minority shareholder.

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Gigi Hadid: The Model To Know Now

There’s a rising star in the fashion world and we might need to get outta the way (that includes you, Kendall!)! Having modelled for LOVE magazine and been shot by Bruce Weber for CR book (Carine Roitfeld’s solo venture in the magazine world) countless times, this blonde beauty has had a long stint as a poster girl for Sports Illustrated magazine. There's lots to know about this girl, starting...

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Kering Revenues Rise 1.8% in Q2

The French conglomerate announced it was buying Swiss luxury watch firm Ulysse Nardin.

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Intermix Names Jyothi Rao President

She will start on Sept. 2 and will report to Art Peck, president of Gap Inc.'s growth, innovation and digital division.

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World, Meet Negarin! The LFW Designer Reveals Her 10 Hot Summer Staples

A new up and coming designer has just landed on our radar. Say hello to Negarin Sadr. A trained artist and sculptor, Negarin weaves the story of her art into the medium of clothing, juxtaposing different textures and playing with prints and cuts to flatter a variety of body types.

The designer, who was described by Sarah Mower as one to watch, learned a lot about...

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Snapchat in Financing Talks With Alibaba

The financing could value the company at $10 billion.

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Revlon Posts Q2 Profit Decline

Revlon is exiting China.

The company saw a gain in consumer sales.

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Does Zoe Saldana Have The Most A List Maternity Wardrobe Ever?

Zoe Saldana hasn't officially confirmed that she is pregnant (it is reported she is having twins!) with husband Marco Perego yet. But that doesn't mean she is hiding her bump away in tent dresses like Phoebe Buffay. Zoehas been hitting the red carpet in figure-hugging frocks by the likes of Calvin Klein Collection, Valentino and Chloe. She isn't going to let her baby bump stop her from wearing...

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The Best Jackets for Spring Summer 2014

The British weather is always an element we have to consider when getting dressed: Will it rain? Will it be cold? Will I get too hot? But to be prepared for such bipolar weather, a jacket is always essential. Jackets do not mean that you are covering up your trendy ensemble, a jacket can be just as fashionable as your outfit underneath, but also practical. Some may guffaw at the thought of...

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Galeries Lafayette Marks Andam Anniversary With Photo Exhibit

“Les affaires” featuring designs by Véronique Leroy

The photographs by Philippe Jarrigeon will go on show at the retailer’s flagship store in Paris.

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10 Hot Instagram: Here Are Ellie Goulding’s Most Liked Photos

We do love a bit of Ellie Goulding [Instagram]

Here at Instagram Pics Of The Day (IPOTD), we love checking out rock chick, Ellie Goulding’s, Instagram snaps. This is in no small part due to 1. Those abs 2. That hot boyfriend (Dougie Poynter) 3. Those celeb pals. So with all this in mind, let's take a look at the chart topping singer’s most Liked Instagram...

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How to Wear Shorts this Summer When You’re Not at a Festival

As anyone who has graced those tent-filled fields knows, things you can get away with sartorially speaking at a festival bear little resemblance to real life. From leotards to muddy legs, festivals bring out the exhibitionist in many – and that’s certainly true when it comes to the miniscule shorts we’ve been seeing on this year’s festival circuit.

Bloggers Camille...

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Introducing Our New Red Carpet Crush: 'Transformers' Actress Nicola Peltz

Amazon to Invest Additional $2Bn in India

Investment comes as e-commerce race heats up.

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Europe’s Markets Dip

Fashion and retail stocks were also mostly in negative territory.

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2014年7月29日星期二

The Academy of Art University Names Simon Ungless

Simon Ungless has been tapped as executive director of the university's School of Fashion.

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Shoefiti Covers New York Thanks to One Designer

"Shoefiti" by Renee Snelson

Renée Snelson, design director at Luxury Rebel, is taking her art form to a new level on the streets of New York.

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Uniqlo Opening First Chicago Store

The unit is set to open in fall 2015 in the heart of the city’s downtown and part of the Magnificent Mile.

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@Walmartlabs Brings on Luvocracy

Retailer looks to sharpen digital game through acquisition.

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Fabiana Filippi Eyes Growth in the U.S.

The Italian luxury women’s cashmere firm is developing a strategic business plan for the North American market.

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Alternative Apparel Relaunches Site

The sustainable basics brand this month launched a new Web site and online shopping destination with enhanced shopping features.

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Chris Burch Invests in BaubleBar

The company has raised $10 million in a Series B financing led by Burch Creative Capital.

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Julie Gilhart Hosts Panel on Upgrading the Supply Chain

Panelists included Loomstate and Rogan founding partner Scott Mackinlay Hahn, Patagonia's Cara Chacon and Kevin Cassidy of the United Nations.

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My Favorite Shoes: Tisha Collette

Christian Louboution wedges

Tisha Collette, owner of Collette Consignment, tells FN about her favorite pair.

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Iconix's Q2 Profits Slip

Free cash flow for the quarter was $60 million.

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Shopping Fix: Inspo From The Miami Swim Week 2015 Girls

With its balmy climate and endless appeal to the uber-rich Miami is, naturally, a beachwear mecca. The honed and toned girls here literally live in bikinis, so where better for the industry to hold an annual swimwear version of Fashion Week? Last week the city played host to runways chock-full of the most luxurious (and often OTT) swimwear you'll ever see and as predicted, the Florida FROW...

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Summer Trousers: Shopping Fix

If you're not a fan of getting your legs out now that the sun is here, fret not. Summer trousers are more popular than ever and we're spoilt for choice when it comes to our shopping hit list. Plain, printed, sporty, skinny, wide, cropped… there really is something for every shape and size.We’ve been inspired by leggy beauty Mirander Kerr in her effortlessly chic trouser which she styled with a...

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10 Hot Instagram: Here Are Alexa Chung’s Most Liked Photos

Alexa Chung is one of our favourite Instagram stars [Instagram]

Here at Instagram Pics Of The Day (IPOTD), we do love getting lost in Alexa Chung’s oh so dreamy Instagram, so we reckon it's high time we rounded up her Top 10 Instagram hits. Whether she's treating us to artistic snaps of her super cool a-list pals or scarily hot selfies, we just can’t get enough....

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Hot Child In The City! 40 Of The Best 'Summer In The City' A List Looks

Word is this heat wave of ours isn't going anywhere [insert sunshine and dancing girls emoji here]. All city-dwellers out there will know that all of this humidity causes one problem: what do you wear when your morning commute could double as a bikram yoga class?

To give you some sun-spiration we have put together 40 of the best 'summer in the city' looks from the likes of Olivia...

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Consumer Confidence Rises in July

The Index is up for the third straight monthly gain.

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Men's Wearhouse Aims to Be Biggest

A view outside the Men

The company said it will work to grow tuxedo rentals, made in the USA suits, custom suits, preppy merchandise offerings and national brands.

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Next Ups Profit Outlook

Britain's second largest apparel retailer, raised its guidance for annual sales and profit for the second time in three months.

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Indian E-Tailer Flipkart Raises $1 Billion

Flipkart has raised $760 million since its launch and the recent funding round is the largest for an Indian e-tailer.

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Rue La La Said Exploring Sale

Boston-based Rue La La, which has attracted interest from online shopping site Gilt Groupe, has hired JPMorgan Chase & Co to advise a potential sale.

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Starry, Starry Night: The Top 20 Star Spangled Pieces To Buy Now!

We've come over all mystical here today at Grazia HQ with a galaxy of star printed pieces tickling our retail fantasies. From micro stars to blown up shooting stars, the twinkling lights of the celestial skies are strewn across jeans, dresses and accessories this season.

Stars love Stars, from left to right: Emma Roberts, Fergie & Kate Moss are all fans of star...

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My Week In Fashion: Grazia’s Senior Fashion Editor Is A Bridesmaid In JCrew

Welcome back to My Week In Fashion, which brings you a week through the eyes of Grazia's Senior Fashion Editor. Every Tuesday, Gemma Hayward shows us the highlights of her week, from swanky fashion parties to her hot buys and press day finds. Click through the gallery above to see what Gemma's been loving this week...

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All Eyes on Egypt

CAIRO, Egypt — There was a time, long before the recent revolution but still within living memory, when this arresting and chaotic city was the most fashionable place in the Middle East. Glamorous Egyptian musicians dominated the Arab music scene while the country’s film stars reigned supreme as style icons across the entire region. From far and wide flocked the great and the good to the Belle Epoque splendour of Cairo’s trend-setting boutiques on Fouad Avenue, a decadent promenade designed in the sumptuous French style.

“Fashion and luxury retail boomed here in the 1940s,” says Susan Sabet, the Egyptian founder of pan-Arab fashion magazine Pashion. “Until the nationalisation of private businesses, the famous Sednaoui department store founded by Elisa Sednaoui’s ancestors even sold Christian Dior. And my own husband’s grandfather was the importer of Bally at the time, for example.”

“Cairo’s couturiers and tailors, mainly of Greek and Italian origin, made the most beautiful gowns for local high society as well as for the affluent of the region. The Egyptian cotton trade was flourishing and supplying the world with the best quality available. Then, the decline began with the 1952 Egyptian Revolution.”

Since then, Cairo has admittedly lost much of its lustre. But Egypt looms very large in a region where, for the greater part of 5000 years, it was either the dominant power or the ultimate prize. As the most populous Arab country and one of the Middle East’s most diversified economies, its influence is still palpable all around the world.

Yet what makes Egypt alluring for most of the business bigwigs is not its enchanting past or even the debt we owe it as a cradle of human civilisation. It is the country’s vast potential as a market of 90 million consumers of all income levels who, due to the political rollercoaster of the past five decades, remain largely underserved, underestimated or untapped altogether.

Revolutionary Times

Today, Egypt is emerging out of the shadows of yet another painful revolution, but, this time, it appears that the fortunes of the fashion industry might be on the rise rather than the decline. Local designers, manufacturers, retail moguls and other leaders seem remarkably optimistic considering that Egypt is still effectively on the brink of bankruptcy as it clambers to secure international loans. Not to mention the fact that so many of its social, religious and political problems remain both unresolved and highly combustible.

“You know why? The revolution showed the real people from the false. It was a filtering process that created, well, less contamination,” says Ahmed Farid, a pioneering figure of Egyptian fashion and luxury. “The great thing now is that, for the most part, it was the clean money that survived the revolution. You see, before that, some local fashion brand partners made their deals through dubious relationships and money laundering. But now, nobody who’s not really professional will be able to continue.”

Farid began his career in the 1970s when he co-founded the Baraka Group to import sunglasses such as those made under Luxottica’s YSL and Armani licenses. At the time, optics were the only designer-branded category allowed under Egypt’s protectionist regime. Restrictions on imported apparel and textiles were only lifted about a decade ago. But in the meantime, Farid expanded into accessories by becoming the Egyptian franchisee of Bvlgari through his subsidiary Bustan when the jewellery category was liberalised in the late 90s.

Another reason that Farid and some of his peers seem so optimistic at the moment is that there is faith – or at least hope – in the new government’s ability to turn around the economy. Although it has only been a couple of months since former military general Abdel Fattah el-Sisi was elected president, Farid believes that two of Egypt’s business blights, corruption and bureaucracy, will become more manageable under his tenure.

And he’s not alone in his confidence in the new regime. Laila Neamatalla is an Egyptian designer who founded her business, Siwa Creations, 13 years ago in order to connect international labels like Ermanno Scervino with specialist seamstresses and embroiderers in the remote Siwa Oasis region of the Egyptian desert.

“President el-Sisi and his government are working very hard on overcoming the crisis and I believe we’ll succeed soon. Business was very difficult for us during the revolution [and] we had to cancel export orders,” she concedes. “But although the market has been hit hard, only a few businesses are actually closing down. Business is recovering for us now, thanks to the optimistic mood in the air.”

Perhaps not surprisingly, the revolution has also compelled some local players to improve and streamline their operations. Azza Fahmy is an internationally renowned fine jeweller who was the first woman to enter the male bastion of Cairo’s ancient Khan el-Khalili jewellery quarter as an apprentice in the 1960s. According to Fahmy, designers such as herself, Amina Khalil and Marie Bishara have become more flexible and nimble with their business operations and more agile with digital marketing.

“Not only that, a surge of new business entrepreneurs were born out of the revolution [although] it is too early to see any tangible ‘green shoots’ of economic recovery quite yet. The country needed stability and, with this, economic growth will definitely come. Egypt is a young fashion market with tremendous potential,” Fahmy says.

Another thing the revolution highlighted was just how resilient certain sectors and tiers of the Egyptian market are to the kind of instability that would probably wreak havoc in other countries.

“We closed our Cairo and Alexandria stores at the beginning of the revolution but re-opened shortly after the revolution began based on demand from our clients,” Fahmy reveals. “Surprisingly, we achieved reasonable retail sales at first and, even more surprisingly, the following months proved to be one of our best sales performing periods. I believe that this was partly due to the huge surge in support for local brands, coupled with the emotional need to maintain normality amid the unrest. Nonetheless, for us, the revolution was business as usual albeit operating within curfew hours.”

In other words, because Egyptian business culture has had so much practice absorbing and enduring instability over the past half-century, many of its leaders have grown accustomed to finding ways around major obstacles and sometimes even turning them into assets. This is a quality that many international fashion investors will no doubt find reassuring.

The Lay of the Land

No matter how persuasive Egypt’s business community may be in their portrayal of the market as a glass half-full, there is no getting around the fact that the current regime faces some exceptionally daunting challenges before it can claim real, lasting stability.

In addition to the need for urgent political reconciliation, there is the still smouldering social divide between Salafists and secularists as well as mistrust between the rich and the poor and several high-profile international human rights controversies. All this before there is any mention of the precarious state of the economy. Nevertheless, an increasing number of analysts are upbeat, indicating that the basket-case economy of last year is now at least on the long, hard road to recovery through reform and austerity, while investors point out that Egyptian stocks have returned to pre-revolution levels.

In other areas, too, the numbers look attractive. According to New World Wealth, a wealth intelligence provider, Egypt has the second highest number of millionaires in Africa. Today’s 22,800 Egyptian millionaires represent a 2 percent increase from five years earlier – in spite of the revolution – and it is estimated that millionaires will increase by 52 percent in the next 15 years.

In terms of sheer size, the country can count between 20 and 30 million members of the ‘middle class,’ depending on which definition you apply. But no matter how you define it, Egypt’s middle class is growing, and growing fast. As for the side of Egypt’s apparel and footwear market, Euromonitor International anticipate growth of 40.1 percent between this year and 2018 when the sector is expected to be worth $3.8 billion.

Egypt’s ban on apparel imports was lifted just a few years before the 2011 revolution and the fashion market was growing at breakneck pace before the uprising in Tahrir Square. Large-scale retail developments in Egypt’s major cities of Cairo, Alexandria, Port Said and Sharm El Sheikh were being planned to replace or upgrade some of the more traditional souks. At the same time, international high-street brands opened up in new or revamped shopping malls like Citystars, Mall of Arabia and Cairo Festival City.

“Even during the import ban, luxury brands had been sold discreetly at multi-brand boutiques ‘behind closed doors’. But after import legalisation, we saw several new brands enter the market including standalone stores for Bvlgari, Zegna, Burberry and Ferragamo in The First Mall Cairo while others were sold at Beymen’s department store in Garden City. Louis Vuitton was gearing up to open in 2012 but then, boom, the revolution happened so that was cut short,” says Sabet.

“Still, Galleria 40 is the latest upmarket mall to open its doors, located in 6th of October City which is one of the suburbs of Cairo filled with luxury residential compounds. High-end indie retailers have also mushroomed in Cairo’s affluent districts of Zamalek, Heliopolis, Maadi and in Mohandeseen on the other side of the Nile,” she adds.

But according to Farid, herein lies one of the major hurdles the market needs to overcome before the next big wave of high-end brands expands in Cairo. “We’re waiting for the birth of a unified fashion district and this is something that relies upon urban development activity from the government. I know that all the CEOs of Kering, LVMH, Richemont – everyone – they all have their eyes on Egypt. They’re just waiting,” he reveals. “It’s so urgent in fact that I’ve written a white paper on it myself and handed it over to the new government.”

Sabet has, in her own way, tried to address this issue too by creating and consolidating the city’s first designer shopping festival called Cairo’s Fashion Nights, which she bravely launched right after the revolution and has organised annually since.

The Regional Dimension

Just as Egypt’s macroeconomic development is now dependent on loans and investment from its wealthy neighbours in the Gulf, so too is Egypt’s fashion market dependent on similar investment. Apart from a few native firms like Ahmed Farid’s Baraka Group and Ossama El-Naggar’sNile Projects most of the Egyptian franchise rights for global brands were bought up by major players from the Gulf before Egypt’s own market even opened up.

Retail operators like Alshaya from Kuwait, Alhokair from Saudi Arabia and MAC, a local subsidiary of the UAE’s Chalhoub Group, still dominate the Egyptian high-street and contemporary sector alongside Lebanese firms like Azadea Group. The Qataris and the Saudis have long been tussling with locals over the acquisition of Egypt’s once splendid 150-year-old heritage department store, Omar Effendi, which had grand outposts across the cities of the Middle East before it began to tarnish as a downmarket chain. Meanwhile, Gulf shopping mall developers like Dubai’s Majid Al Futtaim are penetrating deeper into bricks and mortar with multi-billion dollar projects like the Mall of Egypt which is slated to open next year.

But putting strategic, geographic and profit incentives aside, there is one other compelling reason for fashion firms from the Gulf to push forward in Egypt now. To many Khaleeji Arabs, Cairo’s style legacy is something that simply can’t be quantified because it is partly about emotion. True, Kuwait may indeed be unrivalled for its fashion-forward street style; Beirut for its effortless vavavoom; and Dubai for being the glitziest shopping mecca of the Middle East. But for many fashion leaders, Cairo remains the spiritual and historical home of modern Arab style.

“Growing up in Bahrain in the 1980s, I could still feel the reverberations of Cairo’s golden age even then, especially when I spent time with my grandparents. The music of Umm Kulthumand Abdel Halim Hafez was always in the background and we couldn’t escape the expression ‘Egypt: Mother of the World’,” says Hind Matar, the London-based designer of the up-and-coming fashion brand MATAR. “I recall with great fondness watching so many spectacular old films from that era with my father like Cairo Station and The Nightingale Prayer. And I specifically remember how modern and elegant the Egyptian actresses were.”

During much of the 20th century, Egypt was a regional leader in art, culture and education around the Arab world. Kings, presidents, sultans, ministers, prominent businessmen and royals from most Arab countries were educated and entertained in Egypt, leaving an indelible impression on generations to come.

Dana Al-Khalifa is a blue-blooded Bahraini entrepreneur who has used the popularity of her fashion blog TheOverdressed.com to partner with jewellery trade shows and global e-commerce sites interested in expanding in the Middle East. According to Al-Khalifa, it is not simply about nostalgia for Egyptian style icons of yesteryear like Faten Hamama, Soad Hosny and Hind Rostom, but also the timeless elegance that Egyptian style still conjures from that era today.

“There’s a black and white picture of my grandmother in a striped sleeveless taffeta dress cut in the classic 50s silhouette and, although she never told me, I get the feeling she got it in Egypt – because at that time Egypt is where all those beautiful clothes came from,” she says. “There are underlying elements of those [classic Egyptian] characteristics in the way many women dress today. In fact, it’s what I draw inspiration from too.”

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The Duchess Of Cambridge Wears Scottish Blue Stella McCartney At Commonwealth Games

The Duchess of Cambridge in Scottish blue Stella McCartney [Rex]

The Duchess of Cambridge is back at the Commonwealth Games this afternoon for another round of sporting fun, watching the athletics with her leading men William and Harry. She has returned to another old favourite outfit - her blue Stella McCartney simple shift.

This time around she...

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Kao H1 Net Jumps 73.3 % on Low Base

Operating income increased by 14.9 percent while sales advanced 6.6 percent.

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Europe’s Markets Varied

Retailer Next was one of London’s best performers after reporting a rise in Q2 sales.

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Kao H1 Net Jumps 73.3 % on Low Base

Operating income increased by 14.9 percent while sales advanced 6.6 percent.

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Europe’s Markets Varied

Retailer Next was one of London’s best performers after reporting a rise in Q2 sales.

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Kering Foundation Supports “Bring Back Our Girls” Campaign

Valérie Trierweiler and Anne Hidalgo inaugurated the exhibit in Paris.

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Galeries Lafayette Finalizes Sale of Credit Firm Stake

The deal marks the end of a two-year battle with BNP Paribas Personal Finance, its partner in the venture.

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Gerard Darel Inks Deal to Reschedule Debt

A Paris commercial court has approved the plan, which gives the French fashion firm more time to pay down its debt.

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Puma Q2 Net Profit Plummets 76.2%

The German activewear brand reported a 5.8 percent drop in sales in the second quarter.

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Resort 2015 Trend: Shirting the Issue

Prabal Gurung’s graphic cotton take on shirtdresses.

The ever-versatile shirtdress gets even more multifaceted for resort.

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China's Evolving E-commerce Market

Alibaba’s Tmall is the largest business-to-consumer marketplace in China.

There are a number of fast-growing competitors populating the country’s vast e-commerce landscape.

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Upscaling Push Drives Dior Growth

The Dior Homme Fashion show in Shanghai.

Strong growth in all product categories and geographical sectors helped propel a double-digit rise in revenues at the company.

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Production Playing Field Leveling Out Worldwide

A view of Premiere Vision.

A more democratic era has emerged in global sourcing thanks a series of events and shifting buying patterns.

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Vestiaire Collective Releases Counterfeit Study

Authenticity and quality control check at Vestiaire Collective

According to the report, 61 percent of female online-marketplace shoppers have been misled into purchasing counterfeit designer goods.

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Key Trends at Première Vision New York

The trend area at Premiere Vision New York.

Sabine Le Chatelier, PV's deputy fashion director, highlighted key fabrics trends for fall 2015 in a seminar at the New York show.

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Eichner's Eye: Super Saturday in the Hamptons and the Watermill Center Benefit

11:19 a.m.: Wild-eyed shopping maniacs in the VIP ticket line studying the floor plan so they know where to run at the stroke of noon. I hope no one gets trampled.

WWD's photographer sees it all and shares his unique perspective from a packed weekend in the Hamptons.

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2014年7月31日星期四

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