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McKinsey & Company

McKinsey: Industry Bracing for a Slowdown

Geopolitical conflict and rising inflation have the industry bracing for a slowdown.

McKinsey: Fashion Must Prepare for ‘Uneven Recovery’ in 2022

"The shakeout that we had foreseen is already underway," said Achim Berg, global fashion, apparel and luxury…

How Fashion Can Close the Circularity Gap

An influx of investment into existing recycling technologies and infrastructures could help fashion achieve…

McKinsey Outlines Threats to Bangladesh RMG and What Will Drive Next-Level Growth

Bangladesh must "innovate, upgrade and diversify" more than ever to stay competitive, says McKinsey…

McKinsey: Here’s What Will ‘Move the Needle’ on Circular Fashion

Analysts outlined the two main paths to fashion circularity, and urged brands to act now or risk falling out…

McKinsey: This is When US Apparel Sales Will Return to Pre-Covid Levels

Don't expect apparel retail sales in the U.S. to rebound to pre-crisis levels any time soon, McKinsey…

How Can Fashion Meet Climate Goals? McKinsey and GFA Have Some Ideas

How polluting is the fashion industry exactly? Few seem to be able to agree.

McKinsey: Biodiversity is Sustainable Fashion’s ‘Next Frontier’

Climate change isn't the only pressing issue for the fashion industry, says McKinsey. Brands and retailers…

Report: ‘Sustainability First’ a Key Fashion Industry Theme for 2020

Of the 10 key themes that will shape fashion in 2020, "sustainability first" will be particularly crucial…

Why Corporate Sustainability Reporting Needs a Major Overhaul, According to McKinsey

Investors say they cannot "readily use" companies' current sustainability disclosures because they don't…

Sustainability is Now a Major Factor for Department-Store Buyers

Sustainability is becoming a key consideration for luxury department stores when deciding which brands to…

State of Fashion 2019: Why Next Year Will be One of Awakening for the Apparel Industry, According to McKinsey

If 2018 was a reckoning for the fashion industry, McKinsey & Company says 2019 will be the awakening of it.

Automation in Apparel Could Make a Strong Cost-Savings Case for Nearshoring by 2025, McKinsey Says

McKinsey & Company says mass-market apparel players must make "bold" investments in nearshoring and…

McKinsey: What the Modern Chinese Consumer Wants and How it Will Affect Retail

China's ongoing economic woes have certainly roiled markets and stoked commentary about the country's heyday…

McKinsey: Is East Africa Positioned to Become a Bigger Garment Manufacturing Player?

The recent renewal of the African Growth and Opportunity Act (AGOA) has further fueled talk about East Africa…