The Best of BoF: Global Markets, Tumult and Opportunity

BoF is away for its annual break until 3rd January. In the meantime, we invite you to explore highlights of our news and analysis from the year. ~/AAAHagA~/RgRlklY2P0SLaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fY29udGVudD1ib2ZfbG9nb1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ ADVERTISEMENT ~/AAAHagA~/RgRlklY2P0TXaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3JlcG9ydHMvbmV3cy1hbmFseXNpcy90aGUtc3RhdGUtb2YtZmFzaGlvbi0yMDIzLWluZHVzdHJ5LXJlcG9ydC1ib2YtbWNraW5zZXkvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV9jb250ZW50PWFkX3Nsb3RXBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~ WHAT YOU NEED TO KNOW TODAY: SATURDAY, DECEMBER 31, 2022 The BoF Team is taking a well-deserved break. In the meantime, our reporters and editors have selected the best articles we published in 2022 across our core topic areas of expertise. Today, we focus on [Global Markets](~/AAAHagA~/RgRlklY2P0SeaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9nbG9iYWwtbWFya2V0cy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX2NvbnRlbnQ9aW50cm9XBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~). Look out for our agenda-setting analysis to return on January 3. Happy holidays! Dear BoF Community, 2022 was a year of tumult and opportunity in [global markets](~/AAAHagA~/RgRlklY2P4T1AWh0dHBzOi8vY2xpY2tzLmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9mL2EvU0JiMkl5SGpFckpuNDYySFRsWlhwZ35-L0FBQUhhZ0F-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~~) far from fashion’s main capitals. In the key China market, Xi Jinping secured a precedent-breaking third term at the top of the Chinese Communist Party but was forced to [roll back strict “zero-Covid” measures](~/AAAHagA~/RgRlklY2P0TdaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9nbG9iYWwtbWFya2V0cy93aGF0LXdpbGwtY2hpbmFzLWxvb3Nlci1jb3ZpZC1yZXN0cmljdGlvbnMtbWVhbi1mb3ItZmFzaGlvbi8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX2NvbnRlbnQ9aW50cm9XBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) after public frustration erupted into widespread protests, opening a road to recovery for the country’s luxury and retail sectors. The Russia-Ukraine war took a terrible human toll. It hit the world economy hard, as well, resulting in weaker global growth, higher inflation and damage to supply chains. That meant pain for businesses far beyond the Russian market, which most fashion brands quit early in the year. Elsewhere, India’s mega-conglomerates invested in more than a dozen local designer brands; Chanel touched down in Senegal, [a promising African fashion hub](~/AAAHagA~/RgRlklY2P0TLaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL3doeS1zZW5lZ2FsLWlzLW9uLXRoZS1nbG9iYWwtZmFzaGlvbi1yYWRhci8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX2NvbnRlbnQ9aW50cm9XBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~); [Vietnam’s fast-growing luxury market](~/AAAHagA~/RgRlklY2P0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL3ZpZXRuYW1zLWx1eHVyeS1tYXJrZXQtaXMtaGVhdGluZy11cC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX2NvbnRlbnQ9aW50cm9XBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) attracted new investments from the likes of Gucci and Tiffany; and Qatar attracted attention for its [controversial World Cup](~/AAAHagA~/RgRlklY2P0TKaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL3dvcmxkLWN1cC1xYXRhci1hZGlkYXMtbmlrZS1sb3Vpcy12dWl0dG9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) as well as its [fashion ambitions](~/AAAHagA~/RgRlklY2P0THaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL2V4YW1pbmluZy1xYXRhcnMtZmFzaGlvbi1odWItYW1iaXRpb25zLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) amid strong demand for luxury goods in the region. TOP STORIES [CHINA](~/AAAHagA~/RgRlklY2P0TEaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9jaGluYT91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1TN0dHWVdPNTJOQUxISkRTR1c2S01aNTdFTSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMV90b3BpY1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [What Will China’s Looser Covid Restrictions Mean for Fashion?](~/AAAHagA~/RgRlklY2P4QNAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9icmllZmluZ3MvZ2xvYmFsLW1hcmtldHMvd2hhdC13aWxsLWNoaW5hcy1sb29zZXItY292aWQtcmVzdHJpY3Rpb25zLW1lYW4tZm9yLWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV90ZXJtPVM3R0dZV081Mk5BTEhKRFNHVzZLTVo1N0VNJnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX3RpdGxlVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) By Tamison O'Connor ~/AAAHagA~/RgRlklY2P4QNAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9icmllZmluZ3MvZ2xvYmFsLW1hcmtldHMvd2hhdC13aWxsLWNoaW5hcy1sb29zZXItY292aWQtcmVzdHJpY3Rpb25zLW1lYW4tZm9yLWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV90ZXJtPVM3R0dZV081Mk5BTEhKRFNHVzZLTVo1N0VNJnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX2ltYWdlVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk [This week, China rolled back some strict zero-Covid measures, opening a road to recovery for luxury and retail. But the journey is likely to be long and bumpy, experts warn.](~/AAAHagA~/RgRlklY2P4QLAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9icmllZmluZ3MvZ2xvYmFsLW1hcmtldHMvd2hhdC13aWxsLWNoaW5hcy1sb29zZXItY292aWQtcmVzdHJpY3Rpb25zLW1lYW4tZm9yLWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV90ZXJtPVM3R0dZV081Mk5BTEhKRFNHVzZLTVo1N0VNJnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX2Rla1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [READ MORE](~/AAAHagA~/RgRlklY2P4QLAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9icmllZmluZ3MvZ2xvYmFsLW1hcmtldHMvd2hhdC13aWxsLWNoaW5hcy1sb29zZXItY292aWQtcmVzdHJpY3Rpb25zLW1lYW4tZm9yLWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV90ZXJtPVM3R0dZV081Mk5BTEhKRFNHVzZLTVo1N0VNJnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX2N0YVcFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [CHINA](~/AAAHagA~/RgRlklY2P0TEaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9jaGluYT91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1RSllQMk9aS041QlVMQk5HVDVKWU5TR0tZQSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl90b3BpY1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [Inside China’s Burgeoning Streetwear Scene](~/AAAHagA~/RgRlklY2P0TxaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9jaGluYS9jaGluYXMtc3RyZWV0d2Vhci1wb3dlci1wbGF5ZXJzLXJldmVhbGVkLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1RSllQMk9aS041QlVMQk5HVDVKWU5TR0tZQSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl90aXRsZVcFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) By Daniel-Yaw Miller ~/AAAHagA~/RgRlklY2P0TxaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9jaGluYS9jaGluYXMtc3RyZWV0d2Vhci1wb3dlci1wbGF5ZXJzLXJldmVhbGVkLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1RSllQMk9aS041QlVMQk5HVDVKWU5TR0tZQSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl9pbWFnZVcFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ [The country’s streetwear market is heating up, attracting both global consumers and major brand collaborations.](~/AAAHagA~/RgRlklY2P0TvaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9jaGluYS9jaGluYXMtc3RyZWV0d2Vhci1wb3dlci1wbGF5ZXJzLXJldmVhbGVkLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1RSllQMk9aS041QlVMQk5HVDVKWU5TR0tZQSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl9kZWtXBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [READ MORE](~/AAAHagA~/RgRlklY2P0TvaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9jaGluYS9jaGluYXMtc3RyZWV0d2Vhci1wb3dlci1wbGF5ZXJzLXJldmVhbGVkLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1RSllQMk9aS041QlVMQk5HVDVKWU5TR0tZQSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl9jdGFXBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [CHINA](~/AAAHagA~/RgRlklY2P0TEaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9jaGluYT91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1MTE9RMk81RE1GR0s3SE8yVzQ1R1Q2RjU2USZ1dG1fY29udGVudD10b3Bfc3RvcnlfM190b3BpY1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [Are Hermès’ Sales Tactics a Problem in China?](~/AAAHagA~/RgRlklY2P0T0aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9jaGluYS9pcy1oZXJtZXMtcGVpaHVvLXBheXdhbGwtYS1wcm9ibGVtLWluLWNoaW5hLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1MTE9RMk81RE1GR0s3SE8yVzQ1R1Q2RjU2USZ1dG1fY29udGVudD10b3Bfc3RvcnlfM190aXRsZVcFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) By Casey Hall ~/AAAHagA~/RgRlklY2P0T0aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9jaGluYS9pcy1oZXJtZXMtcGVpaHVvLXBheXdhbGwtYS1wcm9ibGVtLWluLWNoaW5hLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1MTE9RMk81RE1GR0s3SE8yVzQ1R1Q2RjU2USZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19pbWFnZVcFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ [Chinese luxury consumers say they feel rising pressure to buy less-popular items to gain access to sought-after Birkin and Kelly bags. The practice is reportedly on the rise at brands like Celine and Rolex, too.](~/AAAHagA~/RgRlklY2P0TyaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9jaGluYS9pcy1oZXJtZXMtcGVpaHVvLXBheXdhbGwtYS1wcm9ibGVtLWluLWNoaW5hLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1MTE9RMk81RE1GR0s3SE8yVzQ1R1Q2RjU2USZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19kZWtXBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [READ MORE](~/AAAHagA~/RgRlklY2P0TyaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9jaGluYS9pcy1oZXJtZXMtcGVpaHVvLXBheXdhbGwtYS1wcm9ibGVtLWluLWNoaW5hLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1MTE9RMk81RE1GR0s3SE8yVzQ1R1Q2RjU2USZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19jdGFXBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [GLOBAL MARKETS](~/AAAHagA~/RgRlklY2P0TNaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9nbG9iYWwtbWFya2V0cz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1LTTJIWUNJNUJSRFZMTE5ORDRKUUpZRFNSUSZ1dG1fY29udGVudD10b3Bfc3RvcnlfNF90b3BpY1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [Why Senegal Is on Global Fashion’s Radar](~/AAAHagA~/RgRlklY2P0T7aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL3doeS1zZW5lZ2FsLWlzLW9uLXRoZS1nbG9iYWwtZmFzaGlvbi1yYWRhci8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09S00ySFlDSTVCUkRWTExOTkQ0SlFKWURTUlEmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzRfdGl0bGVXBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By Kingsley Kobo [Dakar’s reputation as a regional fashion hub has persuaded brands like Tommy Hilfiger and Hugo Boss to expand to the capital of the West African nation as it upgrades its retail infrastructure.](~/AAAHagA~/RgRlklY2P0T5aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL3doeS1zZW5lZ2FsLWlzLW9uLXRoZS1nbG9iYWwtZmFzaGlvbi1yYWRhci8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09S00ySFlDSTVCUkRWTExOTkQ0SlFKWURTUlEmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzRfZGVrVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRlklY2P0T5aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL3doeS1zZW5lZ2FsLWlzLW9uLXRoZS1nbG9iYWwtZmFzaGlvbi1yYWRhci8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09S00ySFlDSTVCUkRWTExOTkQ0SlFKWURTUlEmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzRfY3RhVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [GLOBAL MARKETS](~/AAAHagA~/RgRlklY2P0TNaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9nbG9iYWwtbWFya2V0cz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1LVTVWVUhJRjNWRURSRUhXRlRPRzdVUU5RSSZ1dG1fY29udGVudD10b3Bfc3RvcnlfNV90b3BpY1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [Why Billionaire Industrialists Are Snapping Up India’s Fashion Brands](~/AAAHagA~/RgRlklY2P4QVAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9nbG9iYWwtbWFya2V0cy93aHktYmlsbGlvbmFpcmUtaW5kdXN0cmlhbGlzdHMtYXJlLXNuYXBwaW5nLXVwLWluZGlhcy1mYXNoaW9uLWJyYW5kcy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09S1U1VlVISUYzVkVEUkVIV0ZUT0c3VVFOUUkmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzVfdGl0bGVXBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By Phyllida Jay [Mega-conglomerates Reliance Industries Limited and Aditya Birla Group have invested in more than a dozen Indian designer brands. There is more to the deals than meets the eye.](~/AAAHagA~/RgRlklY2P4QTAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9nbG9iYWwtbWFya2V0cy93aHktYmlsbGlvbmFpcmUtaW5kdXN0cmlhbGlzdHMtYXJlLXNuYXBwaW5nLXVwLWluZGlhcy1mYXNoaW9uLWJyYW5kcy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09S1U1VlVISUYzVkVEUkVIV0ZUT0c3VVFOUUkmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzVfZGVrVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRlklY2P4QTAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9nbG9iYWwtbWFya2V0cy93aHktYmlsbGlvbmFpcmUtaW5kdXN0cmlhbGlzdHMtYXJlLXNuYXBwaW5nLXVwLWluZGlhcy1mYXNoaW9uLWJyYW5kcy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09S1U1VlVISUYzVkVEUkVIV0ZUT0c3VVFOUUkmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzVfY3RhVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [GLOBAL MARKETS](~/AAAHagA~/RgRlklY2P0TNaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9nbG9iYWwtbWFya2V0cz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1RUUQyNDJWTjNSSDU1Q1hBNUk2SkxURzJURSZ1dG1fY29udGVudD10b3Bfc3RvcnlfNl90b3BpY1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [Vietnam’s Luxury Market Is Heating Up](~/AAAHagA~/RgRlklY2P0T1aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL3ZpZXRuYW1zLWx1eHVyeS1tYXJrZXQtaXMtaGVhdGluZy11cC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09UVFEMjQyVk4zUkg1NUNYQTVJNkpMVEcyVEUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzZfdGl0bGVXBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By Khanh Linh [Gucci and Tiffany are among the brands investing in the Southeast Asian market.](~/AAAHagA~/RgRlklY2P0TzaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL3ZpZXRuYW1zLWx1eHVyeS1tYXJrZXQtaXMtaGVhdGluZy11cC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09UVFEMjQyVk4zUkg1NUNYQTVJNkpMVEcyVEUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzZfZGVrVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRlklY2P0TzaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2dsb2JhbC1tYXJrZXRzL3ZpZXRuYW1zLWx1eHVyeS1tYXJrZXQtaXMtaGVhdGluZy11cC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09UVFEMjQyVk4zUkg1NUNYQTVJNkpMVEcyVEUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzZfY3RhVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [GLOBAL MARKETS](~/AAAHagA~/RgRlklY2P0TNaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9nbG9iYWwtbWFya2V0cz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1aVTZYUEs3S1VGRVpUSkZUNkFCU1dMTzRDWSZ1dG1fY29udGVudD10b3Bfc3RvcnlfN190b3BpY1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [Vivy Yusof: The Modest Fashion Mogul with Billion-Dollar Ambitions](~/AAAHagA~/RgRlklY2P4QWAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9nbG9iYWwtbWFya2V0cy92aXZ5LXl1c29mLWxhdW5jaC1ib2YtNTAwLWNsYXNzLW9mLTIwMjItZmFzaGlvbi1pbmR1c3RyeS1lbnRyZXByZW5ldXIvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV90ZXJtPVpVNlhQSzdLVUZFWlRKRlQ2QUJTV0xPNENZJnV0bV9jb250ZW50PXRvcF9zdG9yeV83X3RpdGxlVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) By Robb Young [The Malaysian entrepreneur has many of the traits needed to go big and go global but faces challenges in a modest fashion market that is as complex as it is diverse across the Muslim world.](~/AAAHagA~/RgRlklY2P4QUAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9nbG9iYWwtbWFya2V0cy92aXZ5LXl1c29mLWxhdW5jaC1ib2YtNTAwLWNsYXNzLW9mLTIwMjItZmFzaGlvbi1pbmR1c3RyeS1lbnRyZXByZW5ldXIvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV90ZXJtPVpVNlhQSzdLVUZFWlRKRlQ2QUJTV0xPNENZJnV0bV9jb250ZW50PXRvcF9zdG9yeV83X2Rla1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [READ MORE](~/AAAHagA~/RgRlklY2P4QUAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9nbG9iYWwtbWFya2V0cy92aXZ5LXl1c29mLWxhdW5jaC1ib2YtNTAwLWNsYXNzLW9mLTIwMjItZmFzaGlvbi1pbmR1c3RyeS1lbnRyZXByZW5ldXIvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV90ZXJtPVpVNlhQSzdLVUZFWlRKRlQ2QUJTV0xPNENZJnV0bV9jb250ZW50PXRvcF9zdG9yeV83X2N0YVcFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [GLOBAL MARKETS](~/AAAHagA~/RgRlklY2P0TNaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9nbG9iYWwtbWFya2V0cz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzMxMTIyMiZ1dG1fdGVybT1NNFFLSUlUSlNCREZWUEkyR1g3WVVMTEQ0USZ1dG1fY29udGVudD10b3Bfc3RvcnlfOF90b3BpY1cFc3BjZXVCCmOjNtGvYzbwrGZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [The BoF Podcast | Ukraine: How Creativity is Breaking Through the Darkness](~/AAAHagA~/RgRlklY2P4QYAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9wb2RjYXN0cy9nbG9iYWwtbWFya2V0cy90aGUtYm9mLXBvZGNhc3QtdWtyYWluZS1ob3ctY3JlYXRpdml0eS1pcy1icmVha2luZy10aHJvdWdoLXRoZS1kYXJrbmVzcy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09TTRRS0lJVEpTQkRGVlBJMkdYN1lVTExENFEmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzhfdGl0bGVXBXNwY2V1QgpjozbRr2M28KxmUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By BoF Team [Julie Pelipas and Olya Kuryshchuk discuss the impact of the war in Ukraine and how creativity has endured and been a source of strength amid the destruction.](~/AAAHagA~/RgRlklY2P4QWAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9wb2RjYXN0cy9nbG9iYWwtbWFya2V0cy90aGUtYm9mLXBvZGNhc3QtdWtyYWluZS1ob3ctY3JlYXRpdml0eS1pcy1icmVha2luZy10aHJvdWdoLXRoZS1kYXJrbmVzcy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09TTRRS0lJVEpTQkRGVlBJMkdYN1lVTExENFEmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzhfZGVrVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRlklY2P4QWAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9wb2RjYXN0cy9nbG9iYWwtbWFya2V0cy90aGUtYm9mLXBvZGNhc3QtdWtyYWluZS1ob3ctY3JlYXRpdml0eS1pcy1icmVha2luZy10aHJvdWdoLXRoZS1kYXJrbmVzcy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8zMTEyMjImdXRtX3Rlcm09TTRRS0lJVEpTQkRGVlBJMkdYN1lVTExENFEmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzhfY3RhVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1](~/AAAHagA~/RgRlklY2P0SoaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL21lbWJlcnNoaXBzL3BhY2thZ2VzP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV9jb250ZW50PWJvZnByb19tb2R1bGVfY3RhVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [START TRIAL](~/AAAHagA~/RgRlklY2P0SoaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL21lbWJlcnNoaXBzL3BhY2thZ2VzP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMzExMjIyJnV0bV9jb250ZW50PWJvZnByb19tb2R1bGVfY3RhVwVzcGNldUIKY6M20a9jNvCsZlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. 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