McKinsey’s State of Fashion report offers the best of our research and insights into the fashion industry. Explore the findings from our latest 2024 report.
revenue growth is expected to stabilize in the low single digits (exhibit). While luxury has led in value creation in recent years, the McKinsey Global Fashion Index forecasts that in 2024 , it is nonluxury that will drive the entirety of the increase in economic profi...
After a near two-year absence, the Parisian fashion house will return to Paris Fashion Week show during menswear week in January 2025. 26 November 2024 Michael Kors Names New CEO in Capri Leadership Shakeup Cedric Willmote, who had served as Michael Kors’ chief executive since January 2023, ...
Discover the latest news, insight and analysis about McKinsey & Company on The Business of Fashion. Our articles offer comprehensive coverage of industry leaders, including companies and individuals, and their impact on the fashion, luxury and beauty ind
According to The State of Fashion report,these will be the ten key trends that will set the agenda in 2022 forthe fashion industry: 1. Uneven recovery Despite the initial situation, the reportstates that the fashion industry is set to recover during 2022. Although, thisrecovery is expected to...
The global fashion industry faces economic uncertainty, a dynamic market, and consumer behavior shifts. Finding pockets of growth means navigating a complex maze.
revenue growth is expected to stabilize in the low single digits (exhibit). While luxury has led in value creation in recent years, the McKinsey Global Fashion Index forecasts that in 2024 , it is nonluxury that will drive the entirety of the increase in economic profit for the first time ...
The state of Black residents: Place, racial equity, and transformative solutions October 1, 2024- At the current pace, it could take more than three centuries for the United States to achieve racial parity. How CEOs learn to lead from the inside out ...
The State of Fashion 2025: Challenges at every turn Report The State of Fashion 2024: Finding pockets of growth as uncertainty reigns Article What is fast fashion? Sign up for emails on new Consumer & Retail articles Never miss an insight. We'll email you when new articles are publishe...
Los líderes de la moda encuestados en nuestro estudio anual BoF–McKinsey State of Fashion Executive Survey fueron tan pesimistas como el año pasado. Solo el 20 por ciento espera mejoras en la confianza de los consumidores en 2025, mientras que el 39 por ciento considera que las con...