Search results
People also ask
What is the business of fashion & Mckinsey survey?
Is the fashion industry making a difference this year?
How will the fashion industry perform in 2024?
Is China leading the fashion industry?
relevant sectors including clothing, textiles, footwear, athletic wear, beauty, accessories and retailers spanning from the value end to luxury. As a global fashion industry and retail expert, he supports clients on a broad range of strategic and top management topics, as well as on operations and sourcing- related issues. IMRAN AMED
- 9MB
- 128
- Inflation and Geopolitical Tensions Loom
- Ten Themes For 2023
- Looking Ahead
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 inflation will undercut consumer demand, pushing shoppers to curtail fashion spending or trade down for less expensive products as their energy and grocery bills spike. Fas...
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 global data in the fashion industry. Inflation and geopolitical concerns dominate the agenda for 2023, negatively affecting both consumer demand and brands’ operating ...
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...
Nov 29, 2023 · Key insights. 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 ...
- Imran Amed
- On high alert. After an extended period of relatively strong growth, the economic outlook for 2020 appears to be more subdued, with both developed and emerging markets set for a period of retrenchment.
- Beyond China. China offers fashion players an outstanding opportunity, but it is no pushover. Over the past ten years, China accounted for 38 percent of global fashion-industry growth, with the luxury segment taking a lead.
- Next-generation social. There is no doubting the power of the big social-media platforms. Facebook counts around half the world’s population as its customers, and Instagram and WeChat are not far behind.
- In the neighborhood. Consumers are growing tired of constant emails, tweets, messages, and videos. Instead, there is a craving for a simpler relationship with fashion players.
A comprehensive introduction to the modern fashion business environment with insight to the structures, finances, management, leadership, organization and ethical responsibilities of varied global fashion enterprises.
Jan 5, 2022 · They top experts’ lists as the most fundamental priorities to address next year and rank among the key sustainable fashion trends in 2022. Fossil fuels and low wages: Fashion’s enablers. Decarbonising the fashion supply chain is complicated, but it may singularly have the greatest impact in terms of decreasing the industry’s carbon footprint.
LCF's Fashion Business School enjoys a global reputation for its unique specialist fashion business courses that challenge fashion as an economically and globally important sector; reflecting our commitment to the development of responsible leaders and innovative thinkers.
