Luxury Daily
The authority in luxury news.
March 1, 2026
  1. Lamborghini onboards next chief people, culture officer
  2. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
  3. Christian Louboutin delivers striking summer 2026 campaign
  4. Bon Appétit delivers inaugural Art & Design issue
  5. Vogue premieres Global Spa Guide
  6. Rihanna appointed J'adore fragrance ambassador by Dior
  7. The China Report: Innovation in Luxury
  8. Chanel, Burberry, Audi, John Hardy, Jaguar and Platinum - Live news
  9. Top 5 brand moments from last week
  10. IoT poised to revolutionize how retailers shape store experiences
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Research

Key themes that will shape fashion in 2023

November 30, 2022

Upscale fashion is expect to fare better than fast fashion and other tiers in 2023, per a new study from McKinsey & Company and The Business of Fashion. Image credit: McKinsey, Business of Fashion Upscale fashion is expect to fare better than fast fashion and other tiers in 2023, per a new study from McKinsey & Company and The Business of Fashion. Image credit: McKinsey, Business of Fashion

 

By Marybeth Connaughton

The fashion industry will likely face a downturn on a global scale, according to “The State of Fashion 2023” report co-authored by management consultancy McKinsey & Company.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Lamborghini onboards next chief people, culture officer
  2. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
  3. Christian Louboutin delivers striking summer 2026 campaign
  4. Bon Appétit delivers inaugural Art & Design issue
  5. Vogue premieres Global Spa Guide
  6. Rihanna appointed J'adore fragrance ambassador by Dior
  7. The China Report: Innovation in Luxury
  8. Chanel, Burberry, Audi, John Hardy, Jaguar and Platinum - Live news
  9. Top 5 brand moments from last week
  10. IoT poised to revolutionize how retailers shape store experiences
VIDEOS
More Videos

MORE IN Research
Global demand for luxury hotels outpacing supply: JLL
Valentine’s Day, Mother’s Day produced 16pc of natural diamond sales in 2025: NDC
71pc of UK luxury shoppers prioritize sustainability when purchasing: Farfetch
Ralph Lauren, Burberry among Lyst Index’s top Q4 risers
Secondhand watch market stabilizes in 2025: Chrono24
China’s luxury market losses narrowing: Bain



RECENT ARTICLES
Annual revenues rise 15pc at The RealReal
Wolford seats new CEO, chairman
Waldorf Astoria Goa to open in 2030

Jumeirah scripts hospitality story in ‘Our Flame’
Christian Louboutin delivers striking summer 2026 campaign
Rolex Awards welcomes 50th laureate class