Christian Dior

French fashion company

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Middle East luxury sales plummet amid escalating war tensions
business Mar 20, 2026, 1:00 AM
Middle East luxury sales plummet amid escalating war tensions
  • A recent report predicts a 50% decline in luxury sales in the Middle East this month due to decreased tourist traffic.
  • The Middle East's luxury market, which comprises about 6% of global sales, is critical for many high-end brands.
  • Prolonged conflict and high energy prices may lead to broader economic repercussions, affecting consumer behavior and potentially causing a recession.
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Issey Miyake showcases spiritual collection at Paris runway
entertainment Jan 21, 2026, 7:24 PM
Issey Miyake showcases spiritual collection at Paris runway
  • Issey Miyake's IM Men show took place at the Collège des Bernardins in Paris, characterized by tranquil and spiritual elements.
  • The collection showcased garments emphasizing 'formless form,' incorporating innovative fabric techniques and design.
  • The presentation stood out in a week of high-energy shows by prioritizing restraint and thoughtful craftsmanship.
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