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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 Roundtable 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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