Must Read: Fashion Business and McKinsey Release ‘State of Fashion’ Report, Taylor Russell Covers ‘Dazed’

These are the stories that make fashion headlines on Wednesdays.
fashion business and McKinsey’s State of Fashion 2023 report
fashion business and McKinsey & Co. released their annual report, “The State of Fashion 2023,” which includes details for the upcoming year and 10 key trends that will shape the industry. fashion business CEO Imran Amed warning of an impending global “multi-crisis” between economy and fallout from Russia’s war in Ukraine. Key findings include a whopping 56% of fashion executives are bracing for an industry decline through 2023 amid various pressures. However, luxurious Sales are likely to bring the industry, which is expected to grow 10% for the year. The industry remains cautious about the dangers of green eraser. {fashion business}
Taylor Russell covers dizzy for winter 2022
“Bone and All” Star Taylor Russel cover dizzy In Loewetold Connor Garrel about his love of nature and Patti Smith in the cover story. Despite playing “a heartbroken, sly cannibal” in the film, Russell has revealed her childhood dream of leaving Canada, which prompted her to try. ballet before taking action. dizzy Russell wrote, “had the warm, engaging personality of an old friend.” {dizzy}
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Gucci opens applications for the next Changemakers initiative
gucci Published applications are open for the fourth class of the North American Changer initiative on third giveaway. According to the press release, these funds aim to “support talented students and nonprofits that amplify stories and opportunities in diverse communities, inspiring solutions for a better future.” Gucci claims to have invested nearly $4.7 million in its scholarship programs to date. Applications will expire on February 3, and you can find more information here for scholarship and here for the impact fund. {Fashioners mailbox}
Edie Parker is reaching younger shoppers with its ‘Weedie Parker’ line
Where the brand may be known for its expensive evening clutch, now available handbag options under Weedie Parker line, such as custom $150 Bodega wine bag, helping to expose the brand to younger consumers, founder Brett Heyman told Glossy’s Sara Spruch-Feiner. As cannabis becomes more and more legalized, so too is fashion inspired by this miracle plant. {Shadow}
Homepage photo: Carlijn Jacobs/Courtesy of dizzy
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