As the global fashion industry continues to find both inspiration and customers in the Asian market, WWD is bringing top executives and designers to Tokyo once again to dissect trends and peer into the future at the second Retail 20/20 Forum: Tokyo.
The event will be held Wednesday and is being cohosted by Lumine, a leading developer of full-service shopping centers.
On hand will be designer Phillip Lim and Wen Zhou, chief executive officer of 3.1 Phillip Lim; Woolrich creative director Andrea Cane; Bonobos ceo Micky Onvural; Patagonia’s vice president of public engagement Rick Ridgeway and more.
“Our curated roster of speakers will share their insights into building sustainable and cutting-edge brands for the next generation of discerning consumers,” said James Fallon, editorial director of WWD.
Yuji Morimoto, president and ceo of Lumine, said, “With our goal to revitalize and further grow the fashion and retail industry in Japan, we are excited to participate in the second WWD Retail 20/20 Forum: Tokyo, and partner with WWD, an authority on fashion media in the United States. Through sessions of diverse speakers and networking amongst participants, this forum aims to encourage development of new business models from a global perspective and improve the industry as a whole.”
Fashion and culture have become increasingly global, with brands and ideas shifting from market to market like never before.
These trends range from Marie Kondo, the Japanese consultant who has made tidying up a high art and is suddenly everywhere, to the streetwear phenomenon, which has hit the highest levels of fashion and is rooted in the marketing tactics and approaches that grew out of youth culture in Japan, America and elsewhere.
Change in the global fashion industry will be front-and-center at the forum. Attendees will listen for strains of Walmart Inc.’s global digital and fashion ambitions as Onvural talks about her vision for Bonobos (which the retailer acquired in 2017). Ridgeway, meanwhile, will touch on a topic on everyone’s mind when he delves into sustainably and the strategy at Patagonia, a longtime and undisputed pioneer in the area.
Economics will also be in the air as the world awaits a resolution of the U.S.-China trade war, which is in a state of truce but threatens to hurt global growth.
The stock market in Japan is just now fighting its way out of a slump. Weakness in the market weighed on spending in January and led major chains to report sales declines as consumers grew cautious.
All of that makes it only more important for fashion’s key players to gather, compare notes and share insights as the industry charges into an even more global future, pursuing ideas and connections.