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  1. mckinsey.com

    Nov 11, 2024Fashion leaders polled in our annual BoF-McKinsey State of Fashion Executive Survey were just as pessimistic as last year. Just 20 percent expect improvements in consumer sentiment in 2025, while 39 percent see industry conditions worsening. The geographic drivers of revenue and economic profit are also undergoing historic shifts.
    • The State of Fashion 2024 report | McKinsey

      These are just some of the findings from The State of Fashion 2024, published by the Business of Fashion (BoF) and McKinsey.The eighth report in the annual series discusses the major themes shaping the fashion economy and assesses the industry's potential responses.

    • State of Fashion report archive (2017-2024) | McKinsey

      This is an edited excerpt from the first joint report from McKinsey and the Business of Fashion, The State of Fashion (PDF-8MB). Download the report to view the exhibit. Achim Berg is a senior partner in McKinsey's Frankfurt office, Leonie Brantberg is an associate partner in the London office, and Saskia Hedrich is a senior expert in the ...

    • The State of Luxury: How to navigate a slowdown | McKinsey

      The Business of Fashion and McKinsey outline five strategic imperatives for luxury executives. Macroeconomic headwinds, shifting client preferences, and a deteriorating value proposition are weighing on the global luxury sector. ... as outlined in our State of Fashion 2025 report. For the first time since 2016 (excluding 2020), luxury value ...

  2. mckinsey.com

    Nov 29, 2023These are just some of the findings from The State of Fashion 2024, published by the Business of Fashion (BoF) and McKinsey.The eighth report in the annual series discusses the major themes shaping the fashion economy and assesses the industry's potential responses.
  3. mckinsey.com

    Nov 14, 2024This is an edited excerpt from the first joint report from McKinsey and the Business of Fashion, The State of Fashion (PDF-8MB). Download the report to view the exhibit. Achim Berg is a senior partner in McKinsey's Frankfurt office, Leonie Brantberg is an associate partner in the London office, and Saskia Hedrich is a senior expert in the ...
  4. businessoffashion.com

    Nov 11, 2024The 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. Download the full report to understand the 10 themes that will shape the industry and the opportunities for growth in 2025.
  5. businessoffashion.com

    Nov 29, 2023Discover the latest version of The State of Fashion and view all previous editions of the report here — our annual in-depth report on the future of the fashion, beauty and luxury industries, produced in partnership with McKinsey & Company.. With clouds brewing on the horizon, recent years might provide a sense of how the fashion industry will ride out 2024.
  6. businessoffashion.com

    The 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. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.
  7. recycle.refashion.fr

    The 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.
  8. technofashionworld.com

    Mar 29, 2024After a tumultuous 2023, the Fashion Industry is set for transformative changes in 2024. The McKinsey State of Fashion Report emphasizes the need for collaborative efforts and resilient partnerships. Generative AI, regulatory compliance, sustainability, and technological integration are highlighted as pivotal forces shaping the Industry's ...
  9. fashiondive.com

    Nov 12, 2024Dive Brief: The fashion industry will see sluggish but stable, low single-digit revenue growth next year, according to a report released Monday from McKinsey.; The report, titled "The State of Fashion 2025: Challenges at every turn," said that nonluxury will drive the entirety of the increase in economic profit for the first time since 2010, excluding the Covid-19 pandemic, and that a ...
  10. mckinsey.com

    Jan 13, 2025The Business of Fashion and McKinsey outline five strategic imperatives for luxury executives. Macroeconomic headwinds, shifting client preferences, and a deteriorating value proposition are weighing on the global luxury sector. ... as outlined in our State of Fashion 2025 report. For the first time since 2016 (excluding 2020), luxury value ...
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