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McKinsey

Is $5 Trillion Metaverse Driving Sustainable Consumption?

Research suggests a correlation between eco-conscious shoppers and the metaverse.

McKinsey Says California Faces Long Road to Circularity

McKinsey's new report details California's role in closing the loop and reversing the linear model for…

McKinsey Has 3 Tips for Winning at Off Price

The consulting firm examined what's ahead for off-price retail and how brands can leverage the channel to…

Working Natural & Sustainable into New Year’s Resolutions

Activewear and loungewear stockists recognize the category opportunity as consumers adopt healthier…

Who Stands to Gain from 71% Jump in Nearshoring Plans?

A McKinsey & Co. survey of 38 apparel chief procurement officers signals major shifts ahead in nearshoring…

Here’s Why Made in USA is Still Important to Fashion Consumers

Consumer surveys consistently show over 90 percent of consumers have a favorable view of 'Made in USA'…

What Will it Take to Emerge from Fashion’s ‘Great Depression’? McKinsey Has Some Ideas

2020 wasn't just a lost year—it was the worst period the sector has seen since it began collecting figures on…

8 Sporting Goods Trends to Watch in 2021

Many of the trends likely to shape sporting goods in 2021 were already emerging pre-Covid and have simply…

In 2021, These Twin Forces Will Drive Apparel Sales

Experts point to two key themes that apparel retailers can lean on to court consumers and capture sales in…

Why Addressing Diversity in Your Supply Chain Can Pay Off

As fashion faces calls for more inclusivity, retailers are responding with plans to make their vendor bases…

Shoppers Are Chomping at the Bit to Travel. Here’s What That Means for Luxury.

Affluent shoppers who frequently make purchases internationally demonstrated the strongest desire to get back…

Wish’s Billion-Dollar IPO Plans Underscore McKinsey’s Fashion Outlook

McKinsey's State of Fashion report shows an outlook that will put the squeeze on companies that aren't making…

81% Will Shell Out on Big Holiday Deal Days, New Data Shows

Eighty-one percent of shoppers will spend the same or more as last year on holiday blockbuster deal events…

Is the Fashion Industry Falling Apart?

One thread at a time, the fashion industry seems to be unravelling.

67% of Retailers Now Take Contactless Payments: NRF

As more retailers adopt contactless payments technologies, concerns about high fees and security issues are…