The State of Fashion 2024 report | McKinsey - McKinsey & Company
WEBNov 29, 2023 · According to McKinsey’s analysis of fashion forecasts, the global industry will post top-line growth of 2 to 4 percent in 2024 (exhibit), with regional and country-level variations. Once again, the luxury segment is expected to …
Global Fashion Industry Statistics - FashionUnited
WEBThe Covid-19 pandemic has affected the fashion industry. According to Euromonitor the global apparel and footwear market size shrunk in 2020 by -18.1% (to $1.45 trillion), while McKinsey states that the fashion and apparel industry suffered a 20% decline in revenues for the 2019-2020 fiscal year.
Global Fashion Industry Statistics Statistics: Market Data Report …
WEBJul 24, 2024 · The global fashion industry is valued at $2.4 trillion. The global apparel market is projected to reach $1.5 trillion in 2020. The luxury fashion market is expected to reach $429.8 billion by 2025. The online fashion market is worth $533 billion worldwide.
WEBFashion Index analysis, fashion companies will post approximately a 90 percent decline in economic profit in 2020, after a 4 percent rise in 2019. Given the ongoing uncertainty, our predictions for industry performance next year are focused on two scenarios. The first, more optimistic “Earlier Recovery” scenario envisages that global fashion
Global apparel market - statistics & facts | Statista
WEBApr 17, 2024 · In 2023, executives in the industry were split as to their expected change in the global fashion market conditions. Only around one quarter of experts were positive about the outlook for 2024.
Fashion - Worldwide | Statista Market Forecast
WEBThe Fashion Market worldwide is projected to grow by 8.94% (2024-2029) resulting in a market volume of US$1,183.00bn in 2029.
Fashion Industry Statistics Statistics: Market Data Report 2024
WEBJul 23, 2024 · The fashion industry is one of the top five most polluting industries in the world, alongside agriculture, oil, transportation, and construction. The fashion industry produces 10% of global carbon emissions, more than all international flights and maritime shipping combined.
50+ Fashion Industry Statistics to Watch out In (2024)
WEBFeb 2, 2024 · Top Fashion Industry Statistics (Editor’s Picks) The USA tops global apparel market, with $325.96 billion in revenue. 84% of consumers are likely to pay high for customization. The second-hand market is projected to double to $351 billion by 2027. Nike, Zara, and LVMH stand out in brand value.
Fashion Statistics 2022/3 - Wunderlabel
WEBDec 12, 2022 · Taken into account: the relative market strength of all fashion brands in a country, their effective market value, industry influence, prestige value, marketing activity, performance in their own price segment.
The State of Fashion 2023: Resilience in the Face of Uncertainty
WEBNov 30, 2022 · The 10 fashion industry themes that will set the agenda in 2023: 1. Global Fragility. Amid the highest inflation in a generation, rising geopolitical tensions, climate crises and sinking consumer confidence in anticipation of an economic downturn, the global economy is in a volatile state.
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