Cool Asian fashion brands challenge Western labels

By Astrid Wendlandt and Joyce Lee SEOUL (Reuters) – Fashion brands from South Korea, China and Japan are becoming serious rivals of their Western peers as Asian consumers become increasingly confident in their own style and take pride in buying home-grown labels. Asian consumers are the world's biggest spenders on high-end fashion, representing around half of total buyers. Most of them are under 35, Internet-savvy and increasingly on the hunt for small, cool, original brands that will make them stand out and look different from their parents, fashion executives and retailers say.

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Cool Asian fashion brands challenge Western labels