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Africa Fashion Day Berlin Designer Maxhosa by Laduma wins Premium Young Designer Award
Melanie Jones PR
This seasons Mercedes-Benz Fashion Week Berlin was kicked off with PREMIUM announcing one of Africa Fashion Day Berlins designers Laduma Ngxokolo as the recipient of its renowned Premium Young Designers Award in the menswear category on Monday the 7th of July. The award guaranteed him a booth at PREMIUM for the coming season and integration in all communication activities of PREMIUM. His designs also featured as part of the Grazia runway show that night. 


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    H&M Reports Strongest Profit Growth in More Than Four Years
    Katarina Gustafsson | Bloomberg.com

    Hennes & Mauritz AB (HMB), Europe’s second-biggest clothing retailer, reported the strongest quarterly profit growth in more than four years as new store formats and online expansion fueled sales growth.

     

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    Why Women Are Flipping for Kate Hudson’s New Athletic Line
    HowLifeWorks.com

    One thing is certain when it comes to high-quality athletic wear — it's expensive!

     

    Take a single pair of Lululemon yoga pants. They average more than $90, while a simple pair of Nike running shorts can easily cost you $50.

     

    It makes sense that you want to look and feel good when working out, but by the time you get an entire outfit together you could spend $200.


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    Fashion experts weigh in on World Cup jersey style
    Janie Mc Cauley | businessweek.com
    The World Cup uniforms will provide a carnival of color and fashion, from Brazil's bright yellow jerseys to the Netherlands' classic orange to Croatia's red checkered home kit and the superhero-inspired looks of Mexico.

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    Op-Ed | Luxury Brands Are Wrong to Ignore Africa
    JOHANNA COLLINS-WOOD | BoF.com
     Earlier this year, Nigeria became Africa’s largest economy and the 26th largest economy in the world, valued at $509 billion, based on GDP figures that were recalculated using a base year of 2010 instead of 1990. Given Nigeria’s new status, as well as its new crop of millionaires and billionaires, who have become wealthy through oil (Nigeria is the 11th largest oil-producing nation in the world), Nollywood entertainment and other business ventures, one might assume that major luxury good companies would turn their attention towards Nigeria, as well as other emerging markets in Africa, as an important source of opportunity. That, however, is not the case.

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    Sneakernomics: Growth Opportunities In The Sneaker Business
    Matt Powell | Forbes.com
    While the sneaker business has been strong for longer than the last decade, there remain potentially strong and profitable business opportunities in overlooked and underserved segments.

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