Will Trump'S Fashion Business Enter The White House?

U.S.A

The United Front appeared again: almost all the mainstream media began to fight.

Worried about entering the White House, it seems that fashion business is about to end.

Most of the comments on this website are based on Trump's campaign.

The new president has proposed protectionist policies more than once, which will undoubtedly depend on Global trade and international production.

Industry brings challenges.

Europeans are the most anxious.

After the election, Riccardo Tisci, the design director of Givenchy, wrote "R.I.P Usa" on Instagram, but the background board was dark to express disappointment.

The upset European stock market also experienced a sharp drop in the two days. Some analysts pointed out that these were negative reactions to Trump's coming to power in the European luxury market.

For European luxury goods, Trump's coming to power is likely to affect the recovery of the brand in the US market. Higher tariffs may reduce the overall revenue or profits of American luxury goods.

However, CEOAmbika Zutshi of Milan brand Fashionbi thinks, "if Trump cuts domestic taxes, in the long run, people may also see the trend of increasing purchasing power."

What is foreseeable is that Trump's victory will increase the uncertainty of the stock market and people's confidence in the US and global economic prospects.

But in the long run, Trump is still in favor of strengthening the US dollar, which will help Europe's luxury sector get better revenue, but it will also significantly reduce the tourism population of California, New York and Florida.

Luxury brands actually have another area of greatest concern: the Asian market.

In recent years, a large number of brands have tightened their layout in China, South Korea and other places, trying to attract local young consumers by increasing stores and entering electricity providers.

But Trump's highly uncertain China policy is likely to affect emerging markets, thereby increasing the downward pressure on the US dollar and raising interest rates.

Those brand stocks that are closely related to the US dollar may be negatively affected, such as Ferragamo, Burberry, Luxottica and so on, while stocks with high exposure to yen will be much safer, such as Hermes and Moncler.

It is precisely the various uncertainties that increase market risk.

Royal Bank of Canada released a report on Wednesday: "volatility will increase. The current situation is that we do not know what the United States will be like.

In campaigning, we lack policy details.

As for the result of the election, designers are in a state of mind.

California designer Rick Owens, who is now living in Paris, still feels threatened by Trump's winning the election. "It's ominous, it looks like the alarm bells are ringing at the beginning of the campaign, but I thought my vote was just a symbol, but I couldn't see it so far. The result is good now."

Did I erroneously judge the needs and aspirations of the wider community?

Karl Lagerfeld refused to comment on this matter. After all, he was a German, so he gave a meaningful answer: "too sure is always dangerous."

France, which is always in love with the United States, is relatively calm about the new US.

French President Francois Hollande recently said that Trump's appointment will open an uncertain era. Although he supported Hilary earlier, Hollande understood very well: "this is not our concern."

After giving the blessing to the White House, the president of the luxury country said that the cooperation and conversation between France and the United States would not be delayed by anything.

Although France's various polling agencies show that nearly 3/4 of the respondents do not welcome Hollande's campaign in 2017.

In recent years, the hot star designer Simon Porte Jacquemus is also a Frenchman. From the US election, Jacquemus also looked forward to the French general election. "I hope we should concentrate not only on the social media but also on the side events, so as to ensure that the same situation will not be staged in France in May 2017.

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In the Italy of art, people's comments are interesting.

Renzo Rosso, founder of OTB, the parent company of Marni, Maison Margiela and other brands, began to analyze a bunch of election campaigns. "Hilary lost because she wasn't innovative enough, and she didn't say anything to the younger generation, nor did it solve their problems.

I was surprised, but not so surprised.

It's against Trump. I hope his strong words in the campaign can be a little bit more stable during the administration. We are always optimistic about business. No matter who is president, we must create new jobs and new wealth.