The first Modest Fashion Summit is slated to be held in Jakarta on Dec. 11-12.
Organizer EBW Worldwide said in a press release that the two-day event would focus on providing an international platform for the business to business (B2B) side of the modest-fashion industry.
During the event, participants can expect a mixture of keynote speeches, panel sessions and one-on-one interviews. The activities are designed to help participants to learn more about consumer relationships, discover growth and establish new collaborations between brands, retailers and investors.
Furthermore, EBW Worldwide chief creative officer Stevy Sela said that the summit also aimed to help the participants in predicting upcoming trends in the modest-fashion industry, while also ensuring the industry’s sustainability.
“We want to make modest fashion sustainable and be part of the fashion industry, because we believe modest is for everyone,” said Sela.
The modest-fashion industry has been continuously growing. Well-known brands, including Nike, H&M and Tommy Hilfiger, have started to produce modest attire.
According to the State of the Global Islamic Economy Report produced by Thomson Reuters, the modest fashion market is estimated to be worth US$44 billion. Muslim consumers are expected to spend $368 billion on fashion by 2020, demonstrating the opportunity for modest-fashion stakeholders. (jes/wng)