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}


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