10 themes for 2024
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| | Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
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| | | Uncertainty: so hot right now. Looking toward 2024, the most prominent sentiment among fashion industry leaders is uncertainty, reflecting the prospect of subdued economic growth, persistent inflation, and weak consumer confidence. Even the luxury segment, although expected to generate the biggest share of economic profit, will have its challenges. In The State of Fashion 2024, the latest annual report published by the Business of Fashion and McKinsey, our analysts, in conversation with industry leaders, delve into insights for 2024 and from the passing year, with the goal of identifying new pockets of value and drivers of performance for the year ahead.
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| | | | | | | | | | | | | | | | | | | | | | | — Edited by Stephanie d’Arc Taylor, editor, New York
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