The Fashion Commission has launched the white paper “Crafting Excellence: Skills in Luxury Fashion Retail” as a guide for skills in luxury fashion retail.
‘Crafting Excellence: Skills in Luxury Fashion Retail’ provides an in-depth look at the skills required in luxury fashion retail, beginning with an overview of the global luxury retail career market.
It explores the luxury retail sector in the Kingdom of Saudi Arabia, covering topics such as revenue growth, future outlook, retail store expansion, labor laws, regulatory frameworks, the education ecosystem, and the evolving demand for fashion skills. The guide serves both entities and individuals.
The white paper also explores both current and future skill requirements in the luxury retail sector, assesses the appeal of working in luxury retail from an individual perspective, and examines the evolving job requirements within Saudi Arabia’s luxury retail industry. It highlights critical skill shortages, development opportunities, and shares key insights from industry leaders on attracting, developing, and retaining local talent.
The launch of the white paper aligns with the launch of a new digital platform, Fashion Futures, which will serve as a leading fashion intelligence platform. It will provide valuable insights about the fashion industry and key data and analytics to investors and brand owners.
Key insights from white paper ‘Crafting Excellence: Skills in Luxury Fashion Retail’
Luxury groups such as multinational conglomerates LVMH, Kering, and Richemont are investing in developing their luxury retail talent pool to ensure they attract, upskill, and retain strong employees capable of meeting the evolving needs of their consumer base.
Numerous luxury malls and projects are under development in the Kingdom, which will provide fertile ground for luxury retail expansion.
The Saudi government is implementing strategies to boost employment by Saudi nationals, particularly women in retail. This will provide substantial opportunities for Saudi nationals to enter the workforce during a period of rapid growth. Retail academies in the kingdom offer tailor-made certificates to prepare young Saudi nationals to successfully enter the retail workforce and develop their careers.
