Xinhua Silk Road: Report on global fashion vitality index released to empower construction of international consumption center cities

October 11, 2023 01:49 PM AEDT | By Cision

Xinhua Silk Road: Report on global fashion vitality index released to empower construction of international consumption center cities — Image source: Kalkine Media

Recent News

Bernstein upgrades Cava as it sees market overlooking its long-term gr...

Momentum Builds Towards Historic Dakar 2026 YOG

Citi cuts Texas Roadhouse stock rating on traffic slowdown, beef cost...

Fubo shares dip on reported DOJ probe into Disney deal

BEIJING, Oct. 11, 2023 /PRNewswire/ -- The Global Fashion Industry Index - Fashion Week Vitality Index Report for 2022 was officially unveiled in Shanghai on October 8.

Shanghai Fashion Week was ranked among the top five fashion events in the world, after Paris, Milan, New York and London, according to the report released by China Economic Information Service under Xinhua News Agency.

The report points out that it is necessary to give full play to the important role of global fashion events in innovating consumption scenes and stimulating consumption vitality in a bid to inject new momentum into the construction of international consumption center cities.

From the perspective of sub-indexes, the sub-index of "factor agglomeration" measures the "hard power" of global fashion weeks, such as the number of fashion activities, the involvement of globally recognized brands, etc. The result showed that international fashion weeks still remain the strong engine to lead global fashion trends.

The "media transmission" sub-index measures factors, including online media coverage, internet search and social media popularity as well as the balance of content distribution, which reflects the social attention and acknowledgment of global fashion weeks. After only Paris and New York, Shanghai Fashion Week won eye-catching performance in the term of internet search and social media popularity.

The sub-index of "industry influence" gauges the number of designers, venue construction and fashion education, turning a spotlight on the "soft power" of the fashion industry. As a result, Asian fashion weeks are still far behind first-tier global fashion events and have more room to grow.

Released in March 2018 for the first time, the report is aimed at delivering the voice of China to the global fashion industry through quantitative analysis constituted by evaluation models from factor agglomeration, media transmission, and industry influence.

Original link: https://en.imsilkroad.com/p/336390.html

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.