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Business Daily

Fashion: Doing business in Paris

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 4 October 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

Paris is the most visited city in the world and one of the things it’s known for, is fashion. But what is it about the City of Light that makes it a popular destination for businesses?

In this programme, Hannah Mullane speaks to a personal shopper, who relies on fashion tourists for her business, as well as fashion start-ups choosing to base themselves in Paris.

Hannah also meets a stylist and fashion agent, who moved from Italy to Paris, to make the most of the opportunities that the fashion industry has to offer.

Producer/presenter: Hannah Mullane

(Picture: Two women holding shopping bags. Credit: Fabulous You Paris)

Transcript

Click on a timestamp to play from that location

0:00.0

I had this secret.

0:02.9

I robbed banks in my spare time.

0:06.4

Lives Less Ordinary from the BBC World Service.

0:09.7

This is not a good thing to do because police are after you.

0:14.9

Find out more at the end of this podcast.

0:25.8

Hello and welcome to Paris.

0:34.0

For one day only, business daily is in what is arguably the fashion capital of the world as part of our fashion and business series.

0:37.4

I'm Hannah Malayne and today I'll be walking

0:40.3

the streets of this beautiful city heading to some of its fashion hotspots and taking a look at

0:45.7

how important the fashion industry really is. There is always some kind of inspiration up there

0:52.4

in the city so it could be museums, art galleries.

0:56.4

You can see people in the streets wearing different things.

0:59.9

Here, the fashion industry is worth more than $160 billion.

1:04.5

It makes up almost 3% of the country's GDP and brings in more than a million jobs.

1:10.4

I have a lot of people coming from Milano, I mean Italy or New York actually now and London.

1:17.6

So yeah, I think Paris is definitely the place to be for fashion.

1:22.6

Today we'll find out why Paris is so important to the world of fashion, how the capital supports fashion businesses, and why millions of tourists flock to the city every year for the classic Parisian shopping experience.

1:36.9

That's all coming up on today's episode of Business Daily. My first stop is the Marais.

1:53.2

It's an area just north of the River Sen that runs through the centre of Paris,

1:57.1

and it's full of thin streets lined with shops,

2:00.5

from independent boutiques to well-known

2:02.7

French brands, and you don't have to walk far before you find some of those vintage high-end

...

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