By  on November 4, 2019

RIYADH, Saudi Arabia — Saudi Arabia, which is opening to new opportunities and looking to build traction around tourism, culture and tradition, has caught the eye of LVMH Moët Hennessy Louis Vuitton and Parsons School of Design, which have both pledged to invest in the country’s emerging fashion and business talent.

On Monday, the first day of the inaugural Fashion Futures conference, which is backed by the Ministry of Culture, LVMH pledged a $500 million fund aimed at investing in, and supporting, young designers and creatives in the GCC, which comprises Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain and Oman.

To continue reading this article...