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Gulf Press > Uncategorized > Fashion Commission is organizing an investment tour in London
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Fashion Commission is organizing an investment tour in London

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Last updated: 2024/09/13 at 6:02 PM
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The Fashion Commission is hosting an investment tour in London on September 17, coinciding with the conclusion of London Fashion Week. This event will be held at The Twenty-Two in Mayfair, providing a great opportunity for fashion stakeholders to explore new investment avenues. The Fashion Commission is dedicated to enhancing access to investments in the fashion sector and increasing private sector participation in line with the goals of the Cultural Development Fund. The investment round will focus on talent development, engaging the private sector, securing financing, and attracting investment to the fashion sector, with an emphasis on brand sourcing and developing appropriate investment products.

Representatives from the Cultural Development Fund, the Ministry of Investment, and the Fashion Commission will lead discussion sessions with international and local investment companies during the event. This will provide an opportunity to exchange ideas, highlight sector incentives, and address challenges facing investors in the fashion industry. The investment conference is sponsored by the Future of Fashion Initiative, a platform offering valuable insights into the Saudi fashion industry. Key participants can access the platform’s dedicated pavilion and the latest version of the report to gain valuable information about the sector.

Burak Cakmak, the CEO of the Fashion Commission, emphasized that the investment round is a crucial part of the strategy to position Saudi Arabia’s fashion sector on the global stage. The event in London reflects the commitment to building relationships with international investors and showcasing opportunities within the fashion ecosystem. By collaborating with key players like the Cultural Development Fund and the Ministry of Investment, the Fashion Commission aims to encourage global fashion companies to expand into the Kingdom supported by the insights provided by the Future of Fashion.

Majed Al-Hogail, the CEO of the Cultural Fund, highlighted the importance of the investment tour in London as an opportunity to introduce global investors to the fashion sector in Saudi Arabia. The fund offers financial and development services that stimulate sustainable growth and support creativity in the fashion sector. The Fashion Commission is dedicated to promoting a vibrant and sustainable fashion ecosystem in Saudi Arabia, which is evident through initiatives like the investment round. These initiatives aim to create opportunities for local talent, connect with the private sector, and secure financing for the industry.

Overall, the investment tour in London organized by the Fashion Commission presents an excellent opportunity for fashion stakeholders to explore investment avenues in the sector. The event will bring together key players in the industry to exchange ideas, highlight sector incentives, and address challenges facing investors. With a focus on talent development, engaging the private sector, and attracting investment to the fashion sector, this investment round aims to position Saudi Arabia’s fashion industry at the forefront of the global stage. The collaboration with the Cultural Development Fund and the Ministry of Investment underscores the commitment to building lasting relationships with international investors and promoting sustainable growth in the fashion sector.

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News Room September 13, 2024
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