Must Read: Business of Fashion and McKinsey Release ‘The State of Fashion’ Report, Taylor Russell Covers ‘Dazed’

These are the stories making headlines in fashion on Wednesday. Business of Fashion and McKinsey Release State of Fashion 2023 report Business of Fashion and McKinsey & Co. released their annual report, “The State of Fashion 2023,” containing insights for the upcoming year and 10 key trends that are set to shape the industry. Business of Fashion CEO Imran Amed cautions of an upcoming global “polycrisis” between the economy and fallout from Russia’s war in Ukraine. Major findings include that a whopping 56% of fashion executives are bracing for an industry slowdown through 2023 amid various pressures. However, luxury sales… Read Full Article