Fashion on climate

McKinsey

How the fashion industry can urgently act to reduce its greenhouse-gas emissions. Retail Insights

Survey: Consumer sentiment on sustainability in fashion

McKinsey

Engagement in sustainability has deepened during the COVID-19 crisis, with European consumers wanting fashion players to act responsibly and consider the social and environmental impacts of their businesses. Retail Insights

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Fashion’s digital transformation: Now or never

McKinsey

Some apparel, fashion, and luxury companies won’t survive the current crisis; others will emerge better positioned for the future. Much will depend on their digital and analytics capabilities. Retail Insights

A perfect storm for fashion marketplaces

McKinsey

In this virtual roundtable, European fashion executives discuss digital acceleration and the role of marketplaces in light of the COVID-19 crisis. Retail Insights

Uncovering the state of fashion

McKinsey

With the global economy cooling and concerns about sustainability rising, the mood among fashion-industry executives is far from exuberant. Retail Insights

It’s time to rewire the fashion system: State of Fashion coronavirus update

McKinsey

Fashion executives are focusing on crisis management now but eventually must shift to reimagining the industry. How will changes to the global economy and consumers’ behavior affect fashion in the postcoronavirus world? Retail Insights

Measuring the fashion world

McKinsey

A new survey takes stock of apparel companies’ go-to-market processes. The findings have implications for product design, development, and delivery. Retail Insights

The state of fashion

McKinsey

trillion industry may accelerate next year, according to the first joint report from McKinsey and the Business of Fashion. After a tough 2016, growth in the $2.4 Our Insights

The fashion industry in 2020: Ten top themes from The State of Fashion

McKinsey

Amid uncertainty, brands, retailers, and other fashion-industry players must act strategically to capitalize on digital opportunities, boost earnings, and address sustainability. Retail Insights

The end of ownership for fashion products?

McKinsey

Business models capitalizing on preowned, refurbished, or rented products have hit the fashion market. The industry needs to pay attention as these models continue to evolve. Retail Insights

Fashion on demand

McKinsey

Technology and shifting consumer needs have made just-in-time production a trend to watch. Retail Insights

The ‘digital land grab’ in fashion

McKinsey

As e-commerce and platforms evolve, fashion companies could use them to realize higher margins and build scale. Retail Insights

The influence of ‘woke’ consumers on fashion

McKinsey

Here’s what the fashion industry should know about the trend. Shoppers, particularly younger ones, have social and environmental issues on their minds. Retail Insights

The State of Fashion 2020: Navigating uncertainty

McKinsey

The industry is not looking forward to 2020—suggesting strategic clarity will be important. Retail Insights

Renewed optimism for the fashion industry

McKinsey

After a challenging stretch, has fashion turned the corner? Things are looking up, but the rebound may be uneven, says this year’s The State of Fashion report. Our Insights

Fashion’s new must-have: Sustainable sourcing at scale

McKinsey

Sustainable sourcing is fast becoming a top priority for fashion companies. A survey of sourcing executives reveals ambitious targets—and highlights the transformation needed. Retail Insights

Time for change: How to use the crisis to make fashion sourcing more agile and sustainable

McKinsey

COVID-19 has sent shockwaves through the fashion industry’s global sourcing and production operations. A survey of sourcing executives reveals their immediate response to the crisis and details strategies to reshape sourcing for a demand-driven, sustainable future. Retail Insights

Patterns for value creation in apparel, fashion, and luxury

McKinsey

Performance in the fashion and luxury industries has turned lower, but leading companies haven’t been deterred. Here’s how they excel. Retail Insights

Faster fashion: How to shorten the apparel calendar

McKinsey

To get new styles into stores more quickly, fashion companies must improve internal collaboration, tap into consumer insights, and start to digitize the value chain. Retail Insights

The State of Fashion 2019: A year of awakening

Sourcemap

The industry as a whole is embracing new opportunities—even as dangers lurk. Retail Insights

Casual Apparel Outperforms High-End Fashion

BCG

In the wake of the recent financial crisis, the global fashion and luxury industry established a solid record of extremely strong value creation. Thirty-nine of those companies are in fashion and luxury. From 2011 through 2015, the fashion and luxury companies returned an annualized TSR of 15%. Article Tuesday, December 13, 2016. More recently, however, the industry’s performance declined somewhat—a trend that has continued into 2016.

Self-disruption in the fashion industry

McKinsey

To keep up with digital advancements and with consumers’ preference for novelty, brands must be willing to adapt. Retail Insights

Caution ahead: Global growth and the fashion industry

McKinsey

Our State of Fashion 2019 report suggests dampening economic growth is one of ten important trends to watch for the year. What will it mean for your company’s strategic agenda? Retail Insights

Ten trends for the fashion industry to watch in 2019

McKinsey

What issues matter for brands and retailers most in the coming months? Retail Insights

The fashion market and ‘Trade 2.0’

McKinsey

Companies should make contingency plans for a potential shake-up of global value chains. Here’s how the apparel trade could be reshaped by new barriers, trade tensions, and uncertainty. Retail Insights

How India’s ascent could change the fashion industry

McKinsey

There’s great promise in India’s apparel market—but challenges as well. Here’s what brands need to know about the country’s rise. Retail Insights

The two faces of fashion-industry performance

McKinsey

Top-quintile companies are the engines of value creation. Digitization and better in-store experiences will drive future gains. Our Insights

What radical transparency could mean for the fashion industry

McKinsey

Consumers’ trust in brands has been eroding. This has implications across the value chain. Retail Insights

Now or never: Immediacy and customer experience in fashion retail

McKinsey

To serve and inspire shoppers, retailers and brands need to think through how new technology has changed the customer decision journey. Retail Insights

The need for speed: Capturing today’s fashion consumer

McKinsey

Top performers are using data analytics and consumer insights to stay ahead of the pack. Retail Insights

Perspectives for North America’s fashion industry in a time of crisis

McKinsey

Apparel retailers, department-store chains, and cosmetics stores employ millions of people. Industry leaders must take quick action while also planning for postcrisis realities. Retail Insights

Style that’s sustainable: A new fast-fashion formula

McKinsey

Stylish, affordable clothing has been a hit with shoppers. Now companies are trying to reduce its social and environmental costs. Our Insights

What Real Sustainability Would Look Like in the Fashion Industry

BCG

Article Friday, July 14, 2017 To maintain its current growth trajectory, the global fashion industry must address its environmental and social footprint. Article

Powerful pricing: The next frontier in apparel and fashion advanced analytics

McKinsey

Leading apparel retailers are embracing advanced analytics and blending intuition with science to price smarter. Retail Insights

How Innovation and Collaboration Can Accelerate Sustainability in Fashion

BCG

Article Friday, July 14, 2017 To maintain its current growth trajectory, the global fashion industry must address its environmental and social footprint. Article