economy
BFC CEO on how the luxury sector is offsetting global slowdowns
British Fashion Council Chief Executive Laura Weir speaks to CNBC’s Tania Bryer about the launch of its new strategy and how major luxury conglomerates are able to “pivot” between markets. She outlines how the fashion industry is seeing the emergence of new talent in China, and “positive stories” around retail and wholesale trade in the U.S.
TL;DR
- The British Fashion Council has launched a new strategy.
- Luxury conglomerates can "pivot" between markets.
- New fashion talent is emerging in China.
- There are positive stories concerning retail and wholesale trade in the U.S.