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- The segment is forecast to grow globally by 3 to 5 percent, compared with 5 to 7 percent in 2023, as consumers rein in spending after a postpandemic surge. European and Chinese growth is set to slow, while US growth is expected to pick up after a relatively weak 2023, reflecting the slightly more optimistic outlook there.
www.mckinsey.com/industries/retail/our-insights/state-of-fashion - People also ask
The report forecasts global fashion sales growth of 2 to 4 percent, with luxury leading the way, but also facing challenges from inflation and geopolitics. It identifies ten themes that will shape the industry, such as climate urgency, consumer shifts, and influencer marketing. See more
Inflation is at the top of executives’ minds for the coming year, according to results from the annual Business of Fashion and McKinsey State of Fashion Survey. They expect that … See more
This year’s report presents a difficult outlook ahead, as fashion companies face challenges and revise forecasts downward after an exceptionally strong 2021, per McKinsey analysis of … See more
Bereft by global risks and uncertainties, leaders in the fashion industry will need to pay careful attention to macroeconomic and political issues in the regions where they produce and sell their products in the year ahead. They will need to develop risk mitigation strategies that can be implemented quickly as conflicts, fiscal policies, and govern... See more
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The State of Fashion 2024: Riding Out the Storm | BoF
WEBNov 29, 2023 · 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, …
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The State of Fashion 2023: Resilience in the Face of …
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WEBJan 29, 2024 · Couture Week just wrapped up in Paris and it doesn’t take much to notice that the ultimate world of luxury in fashion is shifting quietly in the year of 2024.
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Fashion - Worldwide | Statista Market Forecast
WEBThe Fashion Market worldwide is projected to grow by 8.94% (2024-2029) resulting in a market volume of US$1,183.00bn in 2029.
The 10 Themes That Will Define the Fashion Agenda in 2023
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WEBWGSN Fashion trend forecasting is an end-to-end solution that enables you to future-proof your collections. We contextualise global research, data and design direction to deliver …
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WEBFeb 14, 2021 · The COVID-19 pandemic accelerated a number of trends in the fashion industry, including a shift to digital, a renewed focus on fairness and social justice, and …
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WEBDec 15, 2023 · Meet 2024's biggest fashion trends spotted on the SS24 runways from Prada, Gucci, Versace, and more top designers. These will keep you ahead of the …
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WEBJan 28, 2024 · Learn about the latest fashion trends and source from top suppliers at the Global Sources Fashion Online Show 2024. Discover the best fashion trends in 2024, …
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WEBManufacturers and retailers look to predict and even influence these trends to gain an advantage in the 1.7-trillion-dollar global clothing market. Where does our fashion come …
Global tourism industry Dec 8, 2020 Automotive industry worldwide Nov 8, 2020 E-commerce worldwide Trend forecasters predict a more trendless future | Vogue Business
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The State of Fashion 2022: Global Gains Mask Recovery Pains
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The year of normalisation: 2023’s top fashion-tech predictions
WEBJan 3, 2023 · The year of normalisation: 2023’s top fashion-tech predictions. Better infrastructure, tech that supplements rather than shouts and new uses for AI are on the …
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WEBFeb 24, 2010 · The Forum for the Future explored the question in the Fashion Futures report (PDF), which envisions four sustainable scenarios for the fashion industry in 2025.
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WEB6 days ago · While the uptick in PHEV demand helps keeps BNEF’s forecast for 2024 electric vehicle sales broadly in line with what was expected in previous years, the rate …
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