Fashion Commission Launches the White Paper: Crafting Excellence: Skills in Luxury Fashion Retail

The Fashion Commission has launched the white paper “Crafting Excellence: Skills in Luxury Fashion Retail” as a guide for skills in luxury fashion retail. The guide serves both entities and individuals.
Crafting Excellence: Skills in Luxury Fashion Retail sheds light on skills in luxury fashion retail through a comprehensive overview starting from examining the global luxury retail career market and delves into the luxury retail landscape in the Kingdom of Saudi Arabia across revenue growth and future-outlook, retail store expansion, labor laws and regulatory environment, the education ecosystem, quantifying the evolving demand for skills in fashion.
The white paper also unpacks current and future luxury skills requirements, examines the attractiveness of working in luxury retail according to individuals and explores the current and future job requirements in Saudi’s luxury retail sector, alongside the critical skills shortages and development opportunities, key lessons from luxury leaders on attracting, and 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 the white paper:
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.