State of Fashion news and archive

Brands to increase digital advertising spend in 2021

The year 2020 will be regarded as a blip by many, but not by the media industry. Despite the grim realities of a global economy that will be the worst since the Great Depression, advertising weathered the storm relatively well and will end up at declining by “only” 5.8 percent on an underlying basis according to GroupM, WPP’s media buying...

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Fashion

Top 10 challenges facing fashion in 2020

"Anxiety" and "worry". With those two words we could very well define the feelings with which the fashion world, and its top executives, face the year 2020. This situation is counterbalanced by the slight air of optimism with which some sectors, especially in the United States, were entering 2019. This is at least what the latest annual report...

Fashion Partner Content

Redress shares resources on fashion's impact on the environment and economy

Redress, an environmental charity with aims to reduce textile waste in the fashion industry, pleased to provide a selection of external resources to support the understanding of fashion’s impact on the environment, from environmental impact, consumption, production, waste to economic impact. TEXTILE AND CLOTHING WASTE RATES • (Globally) Every...

Retail

Redress Design Awards proves that fashion doesn’t have to be wasteful

An exhibit featuring pieces from the Redress Design Awards 2018 opened at Fashion for Good Experience in Amsterdam. The diverse array of collections were made entirely from waste, ranging from the usual suspects of dead stock textile and surplus materials from manufacturing, to more unusual contributors such as furniture offcuts and sofa...

Video

Video: Digital Landgrab | The State of Fashion 2019

The e-commerce war will continue, as digital players strive to become the platform of choice for both consumers and fashion companies. Source: Youtube, BoF, McKinsey

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Video: Radical Transparency | the State of Fashion 2019

Fashion companies must come to terms with consumer's desire for transparency across the supply chain, reveals McKinsey & Business of Fashion's report. Source: Youtube, BoF

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Video: Now or Never | The State of Fashion 2019

Shorter lead time and new search technologies are the main focuses of fashion companies, reported McKinsey & Company. Source: Youtube, BoF

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Video: Getting Woke | The State of Fashion 2019

Increasing consumer concern pushes fashion brands to embrace radical transparency and sustainable production methods. Source: Youtube, BoF

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Video: The State of Fashion 2019

The state of fashion for 2019, as analysed and predicted by McKinsey and the Business of Fashion. Source: Business of Fashion, McKinsey, Youtube

Business

Four keys for fashion retailers to harness the opportunities that new year will bring

Being nimble, digital-first, quicker to market and customer-centric are some of the keys for fashion industry players to harness the opportunities that 2019 is expected to create. In a recent report titled ‘The State of Fashion’ international consultancy firm McKinsey and the Business of Fashion have teamed up to bring some of the keys for...

Video

Video: The State of Fashion in 2019

The Business of Fashion x McKinsey Source: Business of Fashion, YouTube.

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Business

McKinsey: this is what the fashion industry can expect in 2019

2019 will be a bumpy ride for most fashion players, according to management consultancy firm McKinsey & Company and online publication Business of Fashion in their new joint report The State of Fashion 2019, on which they lay out the main trends and developments to be expected in the year ahead. “The ones who will succeed will have to come to...