BOF & Mckinsey - The State of Fashion 2023

The State of Fashion 2023 report by BOF & McKinsey provides an overview of the current state of the fashion industry, which is facing challenges due to deteriorating macroeconomic and geopolitical conditions in the second half of 2022. The report aims to help fashion executives navigate these challenges as they look towards 2023, by providing insights and strategies for success in an uncertain environment. The report takes into consideration the impact of COVID-19 and the turmoil it has caused in the industry, and shows how the industry is trying to find its feet again and what challenges it still faces.