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The global fashion industry faces economic uncertainty, a dynamic market, and consumer behavior shifts. Finding pockets of growth means navigating a complex maze.

Fashion companies will face economic headwinds, technology shifts, and an evolving competitive landscape in 2024. However, shifting consumer priorities will continue to offer opportunities.

Arenas are industries that transform the business landscape. Eighteen future arenas could reshape the global economy and generate $29 trillion to $48 trillion in revenues by 2040.

In coming years, the “management quotient” will spell the difference between industry leaders and laggards.

In the tenth year of our Women in the Workplace research, in partnership with LeanIn.Org, we reflect on the notable gains women have made—and how their experiences at work are, in many ways, the same or worse than ten years ago. Sustainable progress toward parity requires that companies recommit to change.

As the global energy transition enters a new phase, our Global Energy Perspective 2024 presents a data-driven view of the possible road ahead.

As the energy transition continues apace, the global materials supply is adapting. Our Global Materials Perspective 2024 presents a data-driven view of the road ahead.

The energy transition is a physical transformation in its early stages. What challenges lie ahead?

Most emissions captured in the average retailer’s Scope 3 metric are generated via product value chains. These value chains can be decarbonized—but only with targeted multistakeholder actions.

Which technology trends matter most for companies in 2024? New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies.

A comprehensive approach, supported by a strong enabling organization, can help B2B industrial manufacturers tap into the value of aftermarket and service.

Closing the cardiovascular-disease gap between men and women could help women regain 1.6 million years of life lost because of poor health and early death, and boost the US economy by $28 billion annually by 2040.

The Netherlands has high ambitions for living standards, housing, healthcare, education, and the environment, requiring higher productivity growth through technology and a “train of job transitions.”

Boosting competitiveness could help chemical companies in India navigate global headwinds and shape a trillion-dollar chemicals market by 2040.

Results from a new McKinsey survey reveal how consumer preferences for vehicles are evolving within China, one of the world’s most important automotive markets.

To gain the full productivity benefits of generative AI and other technologies, Europe and the United States will need to focus both on improving human capital and accelerating technology adoption.

As AI advances from predictive to generative capabilities, its potential to address social issues defined by the UN Sustainable Development Goals expands.

MSMEs are vital for growth and jobs, but struggle with productivity. The route to higher productivity lies in creating a win-win economic fabric for all companies.

Quantum technology could create value worth trillions of dollars within the next decade. The third annual synthesizes the latest opportunities in this burgeoning field.

Asian and Pacific Islander consumers could generate billions of dollars in additional revenue—if the film and television industry can improve the representation and authenticity of API content.

Although economic uncertainty will likely persist in 2024, grocery retailers could fuel profitable growth by future-proofing the assortment, driving efficiency savings, and monetizing retail media.

As financial institutions actively adopt emerging technologies, they should act now to future-proof themselves against growing cyber risks.

As financial institutions actively adopt emerging technologies, they should act now to future-proof themselves against growing cyber risks.

This collection presents McKinsey’s top insights on gen AI, providing a detailed examination of the significant opportunities and challenges it offers for leaders looking to steer their organizations into the future.

Will 2024 launch a bright new era for M&A? Anticipating what could be an inflection point, many dealmakers are preparing for a surge—and new market requirements—in the year ahead.

The coming decade will likely be a defining one for the global energy system.

At the current pace of change, it could take decades to improve outcomes for Black Americans and more than three centuries to get to racial parity. How can different types of communities move closer to delivering a better quality of life for all residents?

Investments addressing the women’s health gap could add years to life and life to years—and potentially boost the global economy by $1 trillion annually by 2040.

Arenas are industries that transform the business landscape. Eighteen future arenas could reshape the global economy and generate $29 trillion to $48 trillion in revenues by 2040.

The energy transition is a physical transformation in its early stages. What challenges lie ahead?

To gain the full productivity benefits of generative AI and other technologies, Europe and the United States will need to focus both on improving human capital and accelerating technology adoption.

MSMEs are vital for growth and jobs, but struggle with productivity. The route to higher productivity lies in creating a win-win economic fabric for all companies.

It’s time to raise investment and catch the next productivity wave.

Global trade patterns are reconfiguring. More shifts are likely and businesses need to be aware of the potential trade-offs of different paths ahead.

What would it take to raise minimum living standards and get on a net-zero path in this decade? Our research explores twin ambitions for people and the planet.

Which jobs will be in demand? Which ones are shrinking? And which ones could be hardest to fill?

Real estate in the world’s superstar cities has not kept up with shifts in behavior caused by the pandemic. The cities’ vibrancy is at risk, and they will have to adapt.

Africa has the human capital and natural resources to accelerate productivity and reimagine its economic growth, which is, more than ever, vital for the welfare of the world.

The past two decades have generated $160 trillion in paper wealth but sluggish growth and rising inequality. What comes next?

Current economic and political turbulence could presage the start of a new era that is structurally very different with a new narrative of progress.

Even amid war in Europe and the energy and cost of living crisis that has resulted, the region needs to pay attention to its slow-motion corporate and technology crisis.

Human capital represents two-thirds of wealth for the average individual—and work experience contributes almost half of that value.

Governments and companies worldwide are pledging to achieve net-zero emissions of greenhouse gases. What would it take to fulfill that ambition?

The global fashion industry faces economic uncertainty, a dynamic market, and consumer behavior shifts. Finding pockets of growth means navigating a complex maze.

Many sporting goods executives are looking to 2024 with more optimism. But in the year ahead, they will need to adapt to shifting consumer preferences, revisit planning practices, embrace ecosystems, and take action on sustainability.

Fashion companies will face economic headwinds, technology shifts, and an evolving competitive landscape in 2024. However, shifting consumer priorities will continue to offer opportunities.

2022 was overshadowed by inflation. As that shadow is lifting, European grocers are gearing up for future growth by investing in private labels, retail media, automation, and sustainability.

To capitalize on change, companies must invest in sustainability, digitalization, and skills and talent.

Despite significant investment in omnichannel expansion, retailers in China are struggling to convert this into improved financial performance.

As technological innovation accelerates, fashion companies have an opportunity to serve customers better while also creating a more efficient, responsive, and responsible business.

As part of McKinsey’s ongoing coverage of the grocery industry, it publishes a range of reports and content on the factors and developments shaping the grocery landscape. Our in-depth research and analysis of specific regions features deep dives into trending topics as well as interviews with leading executives.

Which technology trends matter most for companies in 2024? New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies.

As AI advances from predictive to generative capabilities, its potential to address social issues defined by the UN Sustainable Development Goals expands.

Quantum technology could create value worth trillions of dollars within the next decade. The third annual synthesizes the latest opportunities in this burgeoning field.

This collection presents McKinsey’s top insights on gen AI, providing a detailed examination of the significant opportunities and challenges it offers for leaders looking to steer their organizations into the future.

Medtech leaders are devising strategies to catch the next wave of value creation amid uncertain macroeconomics and evolving industry trends.

Which technology trends matter most for companies in 2023? New analysis by the McKinsey Technology Council highlights the development, possible uses, and industry effects of advanced technologies.

What is the key to the success of the UK insurtech sector—and where does the sector go from here?

Generative AI is poised to unleash the next wave of productivity. We take a first look at where business value could accrue and the potential impacts on the workforce.

The results of this year’s McKinsey Global Survey on AI show the expansion of the technology’s use since we began tracking it five years ago, but with a nuanced picture underneath.

Which technology trends matter most for companies in 2022? New analysis by the McKinsey Technology Council highlights the development, possible uses, and industry effects of advanced technologies.

In coming years, the “management quotient” will spell the difference between industry leaders and laggards.

As financial institutions actively adopt emerging technologies, they should act now to future-proof themselves against growing cyber risks.

As financial institutions actively adopt emerging technologies, they should act now to future-proof themselves against growing cyber risks.

Will 2024 launch a bright new era for M&A? Anticipating what could be an inflection point, many dealmakers are preparing for a surge—and new market requirements—in the year ahead.

Traditional delivery models may soon be history, as firms of all stripes broaden both their offerings and their target client and adviser segments. The competition will be intense.

After decades of hypergrowth, fintechs have entered a new era of value creation, where the focus is on sustainable, profitable growth. This report examines how fintechs can win in these disruptive times.

Banking profits are up, thanks to rising interest rates, but financial institutions globally need to reinvent themselves in the face of major structural and macroeconomic shifts.

The 2023 McKinsey Global Payments Report shines a light on a changing industry and explains how banks and others can capitalize on new dynamics.

According to our latest Global Private Markets Review, private markets faced a year of two halves in 2022, with buoyancy in the first half and plummeting deal volumes, declining performance, and falling valuations in the second.

Growth in the global balance sheet accelerated during the pandemic, but paused in 2022.

The newest edition of McKinsey on Investing examines a year of tumultuous change and its implications for investors, businesses, sectors, and the world in which we live.

Fintech has moved from the fringes of European finance to its core, but performance varies widely. If all countries could match the best in region, the economic benefits would be considerable.

Despite challenges, the global payments sector is primed for a return growth.

McKinsey on Finance is a quarterly publication written by corporate finance experts and practitioners at McKinsey. It offers readers insights into value-creating strategies and the translation of those strategies into company performance.

Africa’s fintech industry is coming of age. In the face of political and economic challenges and a global pandemic, fintech on the continent is booming. Here’s what comes next.

Updated annually, our Global Private Markets Review offers the best of our research and insight into private equity, real estate, debt, infrastructure, and natural resources.

The insurance industry struggles to create economic profit. But amid COVID-19’s enduring changes, opportunities await.

The Netherlands has high ambitions for living standards, housing, healthcare, education, and the environment, requiring higher productivity growth through technology and a “train of job transitions.”

With bold, decisive action, the US higher education sector could expand its impact, deliver on its promise of more-equitable outcomes, and improve the nation’s economic competitiveness.

Explore McKinsey’s offerings on CEOs and the insights that shape the world of business leadership.

In the tenth year of our Women in the Workplace research, in partnership with LeanIn.Org, we reflect on the notable gains women have made—and how their experiences at work are, in many ways, the same or worse than ten years ago. Sustainable progress toward parity requires that companies recommit to change.

Asian and Pacific Islander consumers could generate billions of dollars in additional revenue—if the film and television industry can improve the representation and authenticity of API content.

Greater inclusion of ethnocultural minorities could fill talent gaps and spur company growth, increase economic empowerment of these groups, and generate benefits for the economy and broader society.

At the current pace of change, it could take decades to improve outcomes for Black Americans and more than three centuries to get to racial parity. How can different types of communities move closer to delivering a better quality of life for all residents?

Investments addressing the women’s health gap could add years to life and life to years—and potentially boost the global economy by $1 trillion annually by 2040.

Women are more ambitious than ever, and workplace flexibility is fueling them. Yet despite some hard-fought gains, women’s representation is not keeping pace. That’s according to the latest Women in the Workplace report from McKinsey, in partnership with LeanIn.Org.

Addressing the absence of health data on people with disabilities is the essential first step health systems and policy makers can take to reduce care inequity and improve outcomes for this population.

The representation of Black, Latina, and Native American women in tech jobs is declining despite their rising share of tech degrees. Inclusive policies and practices could help companies retain them.

US Latinos are a driving force of the US economy and account for the fastest-growing portion of US GDP.

Women leaders are switching jobs at the highest rates we’ve ever seen, and ambitious young women are prepared to do the same. To make meaningful and sustainable progress toward gender equality, companies need to go beyond table stakes. That’s according to the latest Women in the Workplace report from McKinsey, in partnership with LeanIn.Org.

Asian Americans often face invisible challenges at work. Organizations can maximize more of this group’s potential by acknowledging its diversity.

New research captures regional differences in the state of diversity in private equity and discusses the role of institutional investors as a catalyst for change.

Three of four frontline workers want to be promoted, but less than one in four achieves it. Companies can take targeted actions to better support these workers.

As the global energy transition enters a new phase, our Global Energy Perspective 2024 presents a data-driven view of the possible road ahead.

As the energy transition continues apace, the global materials supply is adapting. Our Global Materials Perspective 2024 presents a data-driven view of the road ahead.

Most emissions captured in the average retailer’s Scope 3 metric are generated via product value chains. These value chains can be decarbonized—but only with targeted multistakeholder actions.

Accelerating decarbonization in the built environment is essential for a sustainable future, but industry challenges need to be addressed for solutions to scale.

Production of this important metal has a significant carbon footprint. The path toward greener aluminum will require the participation of multiple stakeholders.

Austin is a booming region and an ascending economic powerhouse, but there are growing pains. Together, the region’s leaders can build a sustainable and inclusive future.

To make the world as sustainable and inclusive as we hope, a certain kind of economic growth will be necessary—and companies will play a vital role in generating it.

This will be a decisive decade. With intentional action, India can accelerate decarbonisation at scale while pursuing economic growth.

Spain can reach net-zero emissions by 2050 through a society-wide effort that leverages the country’s natural endowments and new technologies to unlock sustainable and inclusive growth.

Despite the best intentions, many travel companies are struggling to reduce their emissions fast enough. A report by McKinsey and Skift provides four practical recommendations.

Africa’s climate resilience can be strengthened by redefining its economic model to leverage natural capital and designing financial systems to redirect critical nature-based investments.

Clean hydrogen is emerging as a viable way to reach net zero. In the United States, clean-hydrogen efforts in Houston, Texas, could serve as a template for other regions.

Rising demand for greener approaches creates an imperative for the industry to seize the moment, adopt new mindsets, and set standards for the transition to a greener future.

We're in the midst of an energy transition that continues to evolve.

To better confront climate change, chemical companies should take a holistic approach to ESG and aim to improve performance on environmental metrics.

The fashion value chain is predominantly linear and global. It has put the apparel industry on an unsustainable path.