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All this comes towards a backdrop of the fashion business having turned a corner in 2018, with increased progress justifying the optimism expressed in final year’s world fashion survey. The warning in the economic outlook is also mirrored within the BoF–McKinsey State of Fashion Survey, with forty two % of respondents expecting circumstances to become worse in 2019. These are a variety of the findings from our newest report, The State of Fashion 2020, written in partnership with The Business of Fashion .

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| View our other publications| Privacy policy| Terms of use| Take down policy. The firm, which helps manufacturers handle inventory damaged in the course of the return process, plans to make use of the brand new funding to spice up its platform. Kim, who is the co-creative director of Oscar de la Renta, is making her debut in the homewares area with the retailer. The Future Supply Initiative will provide manufacturers with financing models and technical help to assist their suppliers transition to low carbon technologies and solutions.

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At the same time, lowered price pressures could provide a potential enhance to performance. In 2024, the global financial outlook …

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