logo
Tariffs, Currency Top of Mind at Curated White Resort Trade Show

Tariffs, Currency Top of Mind at Curated White Resort Trade Show

Yahoo5 hours ago

MILAN — Offsetting the tariff effect, rising raw materials prices and currency fluctuations like the weak yen are issues both buyers and exhibitors at White Resort are grappling with.
'Traditional markets are so saturated and so we are looking to open up new markets like the Middle East, India and South America — places that are more effervescent — for these brands,' White show founder Massimiliano Bizzi told WWD, recognizing that U.S. President Donald Trump's tariff policy continues to be a top concern for many brands.
More from WWD
With Consumer Confidence Sliding, Could Shoe Sales Slow Sooner Than Later?
Bridal Executives Travel to D.C. to Seek Exemption From Tariffs
Boggi Milano Opens Columbus Circle Store
EU countries are still subject to reciprocal tariffs of 10 percent on all exports to the U.S. and 25 percent on steel, aluminium and derivatives, cars, and components exports.
White Resort, now in its third edition, ran in tandem with Milan Men's Fashion week. The three-day fair dedicated to resort ready-to-wear and accessories closed on Monday. It was envisaged as a bridge between Italian and international small and medium-sized fashion enterprises and buyers from buoyant markets in the Middle East and Asia.
Strategically, organizers also positioned White Resort to meet the needs of several international retailers concentrating their buying activities during the men's fashion show. The third edition was attended by luxury boutiques, high-end department stores, concept stores and luxury hotel operators like Belmond and Rocco Forte Hotels.
'Tariffs is something we need to figure out,' said Nilufer Bracco, founder and creative director at Niluu, a luxury resortwear brand designed and based in Miami and made in Turkey. About 60 percent of Niluu's sales are generated in the U.S. and about 40 percent are generated in the Middle East. For resort 2026, they showcased their latest vegan silk collection, Calypso, a love letter to fluidity that was inspired by the sultry mythical sea nymph and the hedonistic glamour of 1970s Saint-Tropez. Caftans and ensembles were made with Cupro, which is produced by Japanese textile firm Asahi Kasei. Cupro, which is also sold under the brand name Bemberg, is soft and buttery to the touch and made with a naturally sourced regenerated cellulose fiber.
Bracco, whose aim is to break into the European market, said White Resort had an elevated corps of buyers.
Daisuke Yamamoto, owner of Tokyo's Editorial, said Japanese retailers are dealing with their own set of problems in light of the weak yen against the euro and U.S. dollar. To mitigate the foreign exchange effect, Yamamoto said he was on the lookout for brands that are 'not super luxury and not cheap' and that White Resort aided his quest for unique, under-the-radar brands.
In the near term, currency woes are expected to mount due to rising crude oil prices, according to analysts at Citi, who forecast for the yen to weaken to 150 per U.S. dollar by September.
Giuseppe Angiolini, founder and owner of Sugar, a well-known luxury concept store in Arezzo, Tuscany, said he's shifted his buying strategy due to an unpredictable macro environment. He's also adjusting to consumers' penchant for lesser-known brands. 'It's not an easy moment amid a complicated environment. Prices are way too high across the board. We used to sell mostly big brands but now we are looking for the right mix of brands, unique ones with a distinct DNA and for the right price,' he said.
Serena Rovai — a former diplomat who founded Ophicina and works with local families and communities of women in places like India and Tibet — said her firm works in such small quantities that she sees the tariff impact as limited. 'We need to work on growing in key markets like the U.S. and Japan,' she told WWD. Her 2026 resort collection showcased chic folk blouses and dresses in natural cotton, silk and cashmere, many of which were enhanced with stitching and patterns from India and ruffles made in Tuscany.
Saudi Brands Expand
Tala Abukhaled, founder of Riyadh-based Rebirth, a prêt-à-porter brand that blends luxury with a bohemian aesthetic, said tariffs to the U.S., where she sells through New York City retail hub Doors, could rise as high as 32 percent. Tariffs to the EU are expected to hover around 12 percent. Abukhaled noted that she's currently making her collections via her own atelier. Resort collections like hers are growing due to help from the Saudi Arabia Fashion Commission and initiatives like Red Sea Fashion Week.
Convertible and One Size Fits All
In terms of trends, convertible items and one-size-fits-all pieces were paramount at the fair.
Sorbet Island's founder Sophia Mamas showcased her latest swimwear made with a special crinkle fabric. Crinkle accommodates all body type in a flattering, fashionable and inclusive way and can fit a range of women from 40 kilos (88 pounds) up to 140 kilos (309 pounds).
Through her stand at White Resort, she made on-the-spot deals with a Dubai retailer, which marks her first sale to the Emirates market. 'I've been to about 300 fairs in my lifetime and this one is super international.'
In the same spirit, Italy-based Genny Spadea showcased a collaboration with Canadian abstract artist Callen Schaub, who is known for his dynamic and engaging painting performances. There were double robes with whimsical patterns and bathing suits that can be used as leotards for evening. He uses self-built devices such as trapezes, pendulums and rotating machines to apply paint to canvases, creating works characterized by vivid colors and fluid forms.
In line with its mission to foster new collaborations, White organizers also forged and showcased its collaboration with Gran Canaria Swim Week, the only European fashion week entirely dedicated to beachwear. Minerva Alonso, an adviser for the Economic Development of the Government of the Island of Gran Canaria, said that White will help bring the event to the world stage. 'The presentation of the Swimwear Fashion Week during the White event represented not only a further opportunity to make our catwalk known in the European capital of fashion, but also an important step to consolidate our collaboration with White Milano.'
Looking ahead, White Milano and fairgrounds operator Fiera Milano are gearing up for an all-new trade show format merging music and fashion aimed at younger consumers. Called 'Purple Sign of the Times,' the inaugural edition of the event is to be held in September.
Best of WWD
Macy's Is Closing 66 Stores in 2025 — Here's the List, Live Updates
Inside the Demise of Lord & Taylor
COVID-19 Spikes Elevate Retail Concerns

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

TNB Tech Minute: Apple Faces EU Deadline to Comply with App Store Concerns - Tech News Briefing
TNB Tech Minute: Apple Faces EU Deadline to Comply with App Store Concerns - Tech News Briefing

Wall Street Journal

time37 minutes ago

  • Wall Street Journal

TNB Tech Minute: Apple Faces EU Deadline to Comply with App Store Concerns - Tech News Briefing

Full Transcript This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Victoria Craig: Here's your TNB Tech Minute for Thursday, June 26th. I'm Victoria Craig for The Wall Street Journal. A 60-day window expires today for Apple to comply with an EU decision requiring the tech giant to tell users about better deals outside of its App Store. It's the first time that European Union's competition regulator will review what big tech has done to comply with its landmark Digital Markets Act after fining companies for flouting rules. Earlier this year, the regulator fined Apple $583 million over its App Store terms. Apple declined to comment on today's deadline, but said when the fine was handed down in April, that it would appeal, finding it unfairly targeting the company and bad for user privacy. Elsewhere, a top aide to Tesla CEO, Elon Musk, who was promoted less than a year ago, has left the company. People familiar with the matter told the Journal, Omead Afshar, who was in charge of sales and manufacturing operations in North America and Europe did not return WSJ's request for comment. Sources also said the company's director for human resources left the company. The moves come after Tesla's core vehicle manufacturing business has suffered its deepest sales decline in years. Globally, new vehicle deliveries were down 13% in the first quarter while profit dropped 71%. And one final exclusive story to tell you about, Mark Zuckerberg has poached three researchers from OpenAI to join Meta's superintelligence efforts, people familiar with the matter told the Journal. A spokesperson for OpenAI confirmed the departure of the three employees working in the company's Zurich office, which they set up late last year. Before that, the trio worked together at Google DeepMind, that company's AI unit. OpenAI's Sam Altman said, Tuesday, he's not worried about Zuckerberg's hiring blitz. For a deeper dive into what's happening in tech, check out Friday's Tech News Briefing podcast.

H-FARM International Schools in Italy to join Nord Anglia Education
H-FARM International Schools in Italy to join Nord Anglia Education

Yahoo

time43 minutes ago

  • Yahoo

H-FARM International Schools in Italy to join Nord Anglia Education

Italy's most innovative schools to join Nord Anglia's family of 80+ schools worldwide LONDON, June 26, 2025 /PRNewswire/ -- Leading international schools organisation Nord Anglia Education announced today that H-FARM International Schools—Italy's most innovative, STEAM-focused schools—will join its global network. The agreement is subject to regulatory approvals. The three schools—H-FARM International School Venice, H-FARM International School Vicenza, and H-FARM International School Rosà—educate more than 1,150 students and are widely recognised for their pioneering approach to education through digital innovation, entrepreneurship, and global citizenship. The schools represent Nord Anglia's first in Italy, with the group set to grow to 35 countries around the world. Located in northern Italy, H-FARM International Schools are part of the renowned H-FARM innovation hub, a unique ecosystem that blends education, technology, and entrepreneurship on a state-of-the-art campus. Students benefit from daily exposure to real-world tech, startups, and global thought leaders, while learning in Apple Distinguished digital environments. Earlier this month, H-FARM International Schools announced the launch of its Human Plus Curriculum, a new academic programme that brings artificial intelligence into every subject. AI is embedded across the entire curriculum to help students prepare for a world where this technology is already part of everyday life. H-FARM is also the first International Baccalaureate school in the world to fully integrate AI into its academic framework. The new curriculum is the result of a joint effort between their R&D lab H-FARM AI, Computer Science teachers at the school, and faculty from H-FARM College's tech degree programmes. Andrew Fitzmaurice, CEO of Nord Anglia Education, said: "H-FARM's schools are redefining what it means to prepare students for the future. Their pioneering use of AI and commitment to innovation, creativity, and purpose-driven learning align perfectly with our vision. We are excited by the prospect of learning from each other and creating transformative new experiences for our students and educators around the world. For example, our research into metacognition combined with H-FARM's forward-thinking approach to technology has the potential to empower students to better understand how they think, learn, and grow. Our shared focus on innovation combined with our teachers' high-quality professional development will equip students with the creativity, adaptability, and digital skill set to thrive in a technology-driven world." "I'm incredibly proud of this achievement," said Riccardo Donadon, Founder of H-FARM. "Joining the Nord Anglia Education family is a dream come true: they are the number one schools group in the world, and I am proud and honoured by their enthusiasm for our strong focus on STEAM and entrepreneurship. My personal commitment will only grow stronger. I will remain as President and continue to closely support the development of our schools. I'm excited about this collaboration, the synergies it will create, and everything we'll learn and build together — all in support of our students and their future." H-FARM International Schools' students engage with AI, coding, and robotics from an early age, and develop future-ready skills such as critical thinking, creativity, and global collaboration. The Venice school also offers full-service boarding and a certified Sports Academy for student-athletes. As part of Nord Anglia, students will gain access to exclusive global learning experiences, including collaborations with MIT, UNICEF, The Juilliard School, and IMG Academy, as well as Nord Anglia's Global Campus, which connects students across more than 30 countries. Teachers and colleagues at H-FARM schools will benefit from award-winning professional development through Nord Anglia University, leadership training, and access to a global network of over 19,000 colleagues. This agreement will see Nord Anglia acquire the schools from H-FARM S.p.A., a listed company on the AIM Italia segment of the Italian stock exchange. Media Enquiries: James RussellGroup Head of Communications, Nord Anglia Education+44 (0) 7770 About Nord Anglia Education: As a leading international schools organisation, we're shaping a generation of creative and resilient global citizens who graduate from our schools with everything they need for success, whatever they choose to be or do in life. Our strong academic foundations combine world-class teaching and curricula with cutting-edge technology and facilities, creating learning experiences like no other. Inside and outside of the classroom, we inspire our students to achieve more than they ever thought possible. No two children learn the same way, which is why our schools around the world personalise learning to what works best for every student. Inspired by our high-quality teachers, our students achieve outstanding academic results and go on to study at the world's top universities. Our Nord Anglia global family includes 80+ day and boarding schools in 30+ countries, teaching over 90,000 students from ages 3 to 18. To learn more or apply for a place for your child at one of our schools, go to Logo - View original content to download multimedia: SOURCE Nord Anglia Education Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store