Kostüme models at Buenos Aires Fashion Week. (Photo: Kevin J.)

Kostüme models at Buenos Aires Fashion Week. The pasarela increasingly runs West to East. (Photo: Kevin J.)

“If you can make it there, you can make it anywhere.” New York? No. Try Tokyo. That’s the quote from one Buenos Aires designer who recently joined the ranks of BA fashionistas finding commercial success in the Far East. Divia Zapatos designer Virginia Spagnuolo is just one of the designers interviewed by La Nación in this week’s magazine offering a look at 2010 Fall/Winter collections. And just as the recent social gaming acquisitions highlight the shifting path to venture capital for Argentina companies, La Nación says Argentina designers are pursuing different avenues to success in competitive international markets like Milan, Paris and increasingly Tokyo, Shanghai and Hong Kong. Trade promotion groups like Export.ar play an important role nurturing up-and-coming talent and encouraging their participation in trade fairs like last September’s Tokio Rooms 2009. Marcos Amadeo, the Director of the Buenos Aires Office for Creative Industries says Asian buyers demand original designs, collections with a message and, most of all, exceptional quality. Back in this hemisphere, international events like New York Fashion Week have opened doors for BA designers like Fabián Zitta and Benito Fernandez; Zitta sold three collections in Los Angeles while Fernandez’s designs were chosen and featured in the Sex & The City sequel. More BA designers like Jessica Trosman are upping the ante in the Orient by financing in Asia and opening their own stores; established local players like Onward Kashiyama can facilitate the transition. Kostüme boss Camila Milessi is another beneficiary of the BA-Asia fashion connection. A trip to Japan led to the creation of a new collection, a shoe deal with Pony and a broader perspective: “We realized our clothes, which are pretty unique here, are more mainstream in other parts of the world.” (Full article)

"Que la fuerza este con vos": The Silicon Valley force is with BA social gaming companies.

"Que la Fuerza Esté con Vos": The Silicon Valley force is increasingly with BA social gaming companies.

Hot on the heels of acquiring Buenos Aires-based MetroGames for $5 million, California-based Playdom has decided to double down on the local talent pool by purchasing another BA game development studio, Three Melons. The San Francisco Chronicle points to the deal as another sign of a “massive roll-up” in the social gaming space involving Playdom and rivals Electronic Arts and Zynga. So why the sudden buying frenzy? “The answer is simple,” says Business Insider’s Nick Saint, “People are making lots of money getting Facebook users addicted to simple games and then selling these users ‘virtual goods’ that make the games slightly easier to play.” Three Melons, self-described maker of Juicy Online Games, launched the popular Bola for Facebook in January, an online soccer game that lets players build their teams from scratch, sign on major sponsors and design their own stadiums. The Playdom acquisition has important implications for future deal-making in Argentina and, according to one Palo Alto-based Argentine CEO, is changing the way BA companies think about the path to venture capital, global recognition and validation. Bling Nation CEO Wences Casares told VentureBeat: “Three Melons serves as another example of how young Argentine companies can bypass the traditional business-political dynamic in Argentina, which remains laden with cronyism and corruption. Twenty and thirty-somethings are discovering they can skip the hassles of selling in Argentina and instead launch global companies from (Silicon Valley).”

Mountain View-based Playdom is investing $5 million in BA-based MetroGames.

Game On: Mountain View-based social gamer Playdom is investing $5 million in BA-based MetroGames.com.

When Gamasutra last reported from Buenos Aires, it was on the heels of November’s Argentina Video Game Expo where the gaming industry news source described “the dramatic qualitative game industry growth on full display in Buenos Aires.” Well, apparently someone in Mountain View took  notice. Gamasutra is reporting that California-based social gaming giant Playdom is investing $5 million in BA-based MetroGames. Playdom, the self-described “best kept secret in social gaming,” has been making strategic acquisitions since raising $43 million last November. Here in Argentina, MetroGames has been busy developing more than 30 games for Facebook including Typing Maniac, Archer Piglets and Aquaball. Creator of online games like Mobsters and Sorority Life, “Playdom describes the Argentinian developer as ‘promising’ and expects ‘explosive growth’ from the company,”  Gamasutra reports, “MetroGames intends to use this Series A investment to expand its pipeline of games and to continue work on its Metrogames.com social gaming platform.”  With the announcement, MetroGames CEO Damian Harburger expressed optimism and appreciation, “We are very confident MetroGames will become one of the world leaders in social gaming. We are pleased Playdom has recognized our potential and chosen to invest in us.” Given the combined talent and cost advantages of game development in Argentina, more BA game studios will likely be the beneficiaries of future foreign investment. For more information on other players in the BA gaming arena, send your inquiry to in@investba.com.

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