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Fashion

2025 likely to be time of reckoning for many fashion brands: report

November 11, 2024

The outlook for fashion, both luxury and non-luxury, is challenging, per a new report from The Business of Fashion and McKinsey & Company. Image credit: McKinsey & Company The outlook for fashion, both luxury and non-luxury, is challenging, per a new report from The Business of Fashion and McKinsey & Company. Image credit: McKinsey & Company

 

By Luxury Marketer Intelligence

Several factors, both economic and geopolitical, will affect the growth of the luxury and non-luxury fashion business in 2025.

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NEW INTELLIGENCE

MOST READ
  1. Consumers in Middle East's GCC countries to up spend 50pc on beauty from 2025 to 2030: report
  2. Sotheby’s, seeking to grow collector base, will turn wines and spirits festival global for sector dominance 
  3. Resale becoming the first choice for US shoppers as luxury retail evolves: report
  4. Save the date: April 15: Luxury Women Leaders Summit 2026
  5. Why pop-ups are now a pillar of luxury distribution strategy 
  6. State of Luxury 2026 report: Luxury enters new era – slower, more selective, less forgiving 
  7. Younger wealthy buyers entering market for bigger yachts with longevity, sustainability features
  8. Ruinart invites Japanese artist Tadashi Kawamata to join its Conversations with Nature
  9. US home sales over $10M-plus to accelerate to $31.4B as wealth spreads across and beyond top metros
  10. 4 Weeks Left! Register Now for Luxury Marketing Summit New York April 17


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