The top emerging countries for global apparel retail expansion.
"There is a lot of pressure on retailers today, and they are looking for new avenues for growth," noted a recent report from management consulting firm A.T. Kearney. The firm's Retail Apparel Index, an offshoot of its Global Retail Development Index, ranks the attractiveness of emerging countries for investment. The top 30 emerging markets for retail apparel investments were scored on several drivers including risk, market attractiveness, how many competitors there are and the time-pressure urgency to get into that market. "This study identifies where windows of opportunity are opening up for global retailers, and also for local and regional retailers who want to invest in the development of organized retail," said Mike Moriarty, partner and leader of A.T. Kearney's consumer industries and retail practice.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"