PRESS RELEASE (English text)
According to you, can a young independent fashion label keep up with the competition of larger, more established fashion companies and international fashion chains? And what would be the 'key to success'?
In general, it will always be difficult for a young independent fashion label to keep up with the competition of fashion chains and more established fashion companies for an obvious reason - Economy. The economy of small companies means that they struggle to have the resources to pay for the basic things to keep the company afloat, therefore, choices have to make - Catwalk show or trade fair? Silk or crepe de chine? With no marketing budget, it's hard to compete when speaking about paid media.
The key to success for young independent fashion labels is online via social media. As plagiarism is rife in the fashion industry, social media has established a more level playing field, which has given the young independents an opportunity to make a name for themselves before the more established companies have the opportunity to react.
Which fashion week's gain importance worldwide? E.g. in Asia, and the Middle East – these regions are upcoming in fashion…?
The big four (London, Milan, Paris and New York) will always be at the forefront when speaking about the importance of fashion weeks. Why? Traditionally, this is where the big designers show their couture collections and where the media focus the majority of their attention. Tokyo is the gateway into Asia, but I have never seen the media coverage in the West to make me think that Tokyo should be added to the "big 4".
With regards to the Middle East, they are consumers rather than trendsetters in my opinion. Perhaps, this will change in the future, but for now, it's all about their buying power.
Live @ Fashion Talks 2013