While talks of a recession is likened to a dark cloud looming on the US horizon, the idea of it forcing consumers here to reassess their expenditures and prompting those who haven't saved enough for the rainy days into a semi-state of panic, Bambina Wise writes about the steaming gleaming spanking luxury retail scene in Manila for WWD. Yes, THE WWD! Hey, it's not just a fashion industry trade journal, it's the Bible of Fashion honeys! Now that's what I call a silver lining!
In Manila: On the Retail Radar, Ms. Wise gets the facts straight from luxury industry players, interviewing the likes of Anton Huang, Rhea de Vera-Aguirre and Jappy Gonzalez, household names among Manila's luxury loving set.
Luxe Goes Local on the other hand tackles local brands and designers, and I can imagine the owners of Irene's Closet, Marni's Room and Ilaya Couture framing this article since they were mentioned here! They were under the radar too! Along with Joji Lloren, Religioso, Dennis Lustico, Ivarluski Aseron and even Bench!
Yes dearies, WWD (and the industry insiders who read it) now know what Filipino consumers knew all along. We are a shopping society. Not only that, there is a market for luxury goods in Manila, and Philippine consumers can't get enough of it. I know for a fact there are those who travel abroad, just to get a healthy shot of Marni and Lanvin, if you know what I mean. So, for all the stories of how backward and desperate things are back home, comes WWD's story on Manila's retail scene. And it's very pretty! (Actually, if you don't read Philippine newspapers and don't watch TV, things back home aren't really as alarming as they seem...)
Fashionistas and luxe lovers, read it and weep - tears of joy. Finally, a validation of your hard-earned spending!