Saudi Gazette report
LONDON —The Fashion Commission is organizing an investment tour in the British capital on September 17, coinciding with the conclusion of London Fashion Week, which is an important opportunity for fashion stakeholders to explore new investment avenues.
The event will be held at The Twenty-Two in Mayfair, a strategic location close to the main London Fashion Week activities, providing an ideal environment for engagement and networking.
This tour comes within the framework of the Fashion Commission’s ongoing efforts to enhance and facilitate access to investments in the fashion sector and to keep pace with the strategic pillars and objectives of the Cultural Development Fund to increase the private sector’s participation and contribution to developing the sector.
The investment round aims to develop talent, engage the private sector, secure sustainable financing, and attract investment to the fashion sector, with a focus on brand sourcing, developing financing channels, and designing appropriate investment products.
The event will include discussion sessions by representatives of the Cultural Development Fund, the Ministry of Investment and the Fashion Commission with international and local investment companies to exchange visions, highlight sector incentives, and address the challenges facing investors.
The investment conference is sponsored by the Future of Fashion Initiative, which provides a leading platform for the Saudi fashion sector in information and data analysis, and a key resource for insights into the Saudi fashion industry. Key participants can benefit from the Future of Fashion insights by visiting the platform’s dedicated pavilion and reading the latest version of the report.
“The investment round is a cornerstone of our strategy to position Saudi Arabia’s fashion sector at the forefront of the global industry. Our upcoming event in London underscores our commitment to building lasting relationships with international investors,” said Burak Cakmak, CEO of the Fashion Commission.
“The campaigns are effective in showcasing the diverse opportunities within our fashion ecosystem and value chain, from nurturing emerging talent to fostering innovation and sustainable growth,” he added.
“By bringing together key players, such as the Cultural Development Fund and the Ministry of Investment, we are actively encouraging global fashion companies to expand into the Kingdom, supported by the Future of Fashion.”
The CEO of the Cultural Fund, Majed Al-Hogail, stressed that the investment tour in London represents a pivotal opportunity to introduce global investors to the fashion sector in Saudi Arabia and the exceptional investment opportunities it holds, which the Fund supports with financial and development services that stimulate sustainable growth and support creativity in this promising sector.
He confirmed that the Fashion Commission’s commitment to promoting a vibrant and sustainable fashion ecosystem in Saudi Arabia, and through initiatives such as the investment round, the Commission aims to create opportunities for local talent, connect with the private sector, and secure sustainable financing for the industry.