WebOn November 10, 2024, McKinsey convened CEOs, board members and leaders in the fashion and luxury industry to take stock of the proceedings at COP26 and discuss the … Web25 mrt. 2024 · But the fashion industry is widely believed to be the second most polluting industry in the world. According to UNCTAD , some 93 billion cubic metres of water - enough to meet the needs of five million people - is used by the fashion industry annually, and around half a million tons of microfibre, which is the equivalent of 3 million barrels of …
The State of Fashion 2024: An ‘Urgent Awakening’ for the Industry
Web6 dec. 2024 · This article first appeared in The State of Fashion 2024, an in-depth report on the global fashion industry, co-published by BoF and McKinsey & Company.To learn more and download a copy of the report, click here. The COP26 meeting in Glasgow, UK that took place in October and November 2024 was the latest in the United Nations’ series of … WebThe global luxury goods market size was USD 316.16 billion in 2024 and is projected to grow from USD 257.26 billion in 2024 to USD 352.84 billion in 2027 at a CAGR of 4.6% in the 2024-2027 period. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over. theatre club pictures
Global fashion sales to increase in 2024, says McKinsey report
Web6 dec. 2024 · Aided by new digital frontiers, advances in sustainability and hopefully a return to more socializing, McKinsey’s The State of Fashion 2024 conducted in collaboration with the Business of Fashion (BoF) found the fashion industry positioned to rebound in 2024. Executives in its study predicted that supply chain pressures, the rise of domestic luxury … Web8 jan. 2024 · Following the first installment of my deep-dive into the State of Fashion 2024 Report, I return to analyze the survey findings gleaned from over 300 fashion executives, alongside McKinsey ... Web29 nov. 2024 · BoF and McKinsey & Company’s latest State of Fashion report forecasts a year of slowing growth, a paradigm shift between consumers and the fashion system, … the gorges at cornell