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Bookmark or Share- The State of Fashion 2024: Riding Out the Storm | BoF - The Business of ...As a whole, the fashion industry is predicted to achieve year-on-year retail sales growth of between 2 percent and 4 percent in the year ahead. Macroeconomic, geopolitical as well as climate-crisis pressures will challenge the industry’s growth, with more than 50 percent of fashion executives surveyed planning to raise prices to bolster their ...
- The State of Fashion 2025: Challenges at Every Turn | BoFThe ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead.
- The State of Fashion 2023: Resilience in the Face of UncertaintyThe seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer confidence chip away at 2022′s gains.
- The State of Fashion 2025: Challenges at every turn | McKinseyThe global fashion industry faces economic uncertainty, a dynamic market, and consumer behavior shifts. Finding pockets of growth means navigating a complex maze.
- 10 challenges facing the fashion industry in 2024 - HeuritechIn 2024, the fashion industry will navigate significant challenges. Key issues include sustainability and greenwashing, with a growing demand for genuine eco-friendly practices. Supply chain disruptions from geopolitical tensions and climate change necessitate resilient strategies.
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