With the U.S. economy growing at a slow pace and Europe digging itself out of a debt crisis, the focus has turned all the more so to emerging markets. And it’s not just because the economic expansions of China and India are outpacing the growth rates seen in traditional Western retail venues. Retail is a mature industry in the U.S. and Europe, with competitors vying for share even in the tiniest nooks and crannies of the market. But in markets that are rapidly modernizing, masses of people are just getting a taste for international brands and new supermalls are being built—new worlds to conquer for global businesses yearning for growth. A.T. Kearney, looking at 25 variables, ranks the countries most ripe for retail expansion in its Global Retail Development Index. Here’s a look at this year’s top 10, with some selective perspective from the consultancy, the CIA World Factbook, The World Bank and WWD.
“I like everything she does,” said @lilkimthequeenbee about @parishilton at Hilton’s launch party for her collab with @boohoo. “She understands women and the certain body types. I think her clothes are so cute. It’s hot. She’s funny, but sexy at the same time, just like me.” #wwdeye (📸 @chelsealaurenla ) #parishilton #boohoo #lilkim
“It has to be authentic and real to me,” @charlotteslawrence tells WWD’s @leighen about writing her own music. “No matter what I’m singing, I have to still be able to feel it in that moment or in five years from now — I have to be able to connect to that moment: this is my story, this is a little piece of me.” Read more on wwd.com (📸: @jgreenery ) #wwdeye #charlottelawrence
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty