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Why is the fashion industry still playing catch-up?
Because fashion is a global business with global supply chains, industry players are anxious about the impact of tariffs and trade disputes. And in terms of digitisation and sustainability, the fashion industry is still playing catch-up as the challenges in these areas become more complex.

Is fashion a wasteful industry?
The global fashion industry is extremely energy- consuming, polluting and wasteful. Despite some modest progress, fashion hasn’t yet taken its environmental responsibilities seriously enough.

What happened to the fashion industry in 2020?
EXECUTIVE SUMMARY For the fashion industry, 2020 was the year in which everything changed. As the coronavirus pandemic sent shockwaves around the world, the industry suffered its worst year on record with almost three quarters of listed companies losing money.

What do fashion industry executives expect from nearshoring?
Equally, industry executives expect nearshoring to grow. According to recent survey results published by McKinsey, 84 The State of Fashion 2019 60 percent of apparel procurement executives expect that over 20 percent of their sourcing volume will be from nearshore by 2025.113

The State of Fashion 2019 - McKinsey & Company
The State of Fashion 2019 marks the third year of an ongoing partnership between The Business of Fashion and McKinsey & Company, bringing analytical rigour and evidence to better understand the rapidly changing global fashion industry and providing an authoritative point of view on the state of fashion in the year to come.

[PDF File]Fast Fashion for 2030: Using the Pattern of the Sustainable ...
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Building on these established linkages between the fashion industry and the SDGs, our article revisits the goals of sustainable and gender-just fashion. We demonstrate how the SDGs provide a useful framework for facilitating a more gender-just approach to the fast fashion sector, especially when sustainable development is understood as firmly ...

[PDF File]The State of Fashion 2021 - McKinsey & Company
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Business of Fashion, Imran Amed is one of the fashion industry’s leading writers, thinkers and commentators. Fascinated by the industry’s potent blend of creativity and business, he began BoF as a blog in 2007, which has since grown into the pre-eminent global fashion industry resource serving a five-million-strong community

[PDF File]The Laws of Fashion: What’s Trending in 2022 - Foley & Lardner
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6 The Laws of Fashion: What’s Trending in 2022 French Fashion House Defends its Trademark Rights in Connection with Artist’s NFT Minting In January 2022, the heritage fashion house Hermès lodged a complaint in New York federal court against California artist Mason Rothschild for his use of its BIRKIN bag name and design.

[PDF File]Sustainable fashion - A survey on global perspectives - KPMG
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sustainable fashion across all cities, with young people – especially those aged 18-24 – the most supportive of sustainable fashion. According to the responses, the primary feature defining sustainable fashion is high-quality, durable products, followed by a pollution-free production process that does not use hazardous chemicals. In the

[PDF File]The State of Fashion 2020 - McKinsey & Company
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debates within the global fashion industry and to provide an authoritative annual picture of The State of Fashion. This is now a knowledge base that we build on every year, identifying the key themes and business imperatives shaping the industry while tracking the ways in which fluctuations in the world economy feed through into fashion.

Fashion what s in what s out