World: Fashion
: While established markets like the U.S. and Europe face slow growth, emerging players like Africa are being identified as new global fashion leaders. Technological Transformation
: 70% of executives cite a lack of consumer confidence and appetite to spend as their primary concern for the coming year. World Fashion
Artificial Intelligence has moved from a novelty to a business necessity for cost control and creative innovation. : While established markets like the U
: Growth is slowing to low single digits, with 80% of executives expecting no improvement in 2025 conditions. Artificial Intelligence has moved from a novelty to
: Revenue is expected to reach $1.89 trillion in 2026, with womenswear remaining the largest segment at roughly $990 billion.
: 45% see AI-driven marketing as a major value driver, and generative AI is increasingly used for creative tasks and "AI agents" that assist in shopping. Sustainability and Environmental Impact
Despite its importance, sustainability has slightly fallen off the immediate executive agenda as economic survival takes precedence. The State of Fashion 2026: When the rules change - McKinsey