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McKinsey & Company

McKinsey & Company is a global multinational strategy and management consultancy firm. McKinsey publishes The State of Fashion report annually in partnership with The Business of Fashion, among other special reports.

McKinsey & Company
Global Markets

The Power of African Brand Ambassadors

Celebrity marketing has fallen out of favour during the pandemic. But when the strategy makes a comeback global brands need to act fast to tap more African influencers to access high-growth markets like Nigeria, Kenya and South Africa.

Global Markets

The Power of African Brand Ambassadors

Celebrity marketing has fallen out of favour during the pandemic. But when the strategy makes a comeback global brands need to act fast to tap more African influencers to access high-growth markets like Nigeria, Kenya and South Africa.


Marketing

How to Avoid the Greenwashing Trap

As sustainability becomes more important to consumers, brands must invest in genuine root and branch reform, manage expectations, be humble and own up to their shortcomings to avoid backlash because consumers ultimately see through platitudes and gimmicky campaigns.

Marketing

How to Avoid the Greenwashing Trap

As sustainability becomes more important to consumers, brands must invest in genuine root and branch reform, manage expectations, be humble and own up to their shortcomings to avoid backlash because consumers ultimately see through platitudes and gimmicky campaigns.


Entrepreneurship

Investing in the Sustainability Sisterhood

Female impact investors are putting their money where their mouth is, backing sustainable fashion companies and hoping their bets pay off in more ways than one. But how savvy are values-based investments in the post-pandemic reality?

Entrepreneurship

Investing in the Sustainability Sisterhood

Female impact investors are putting their money where their mouth is, backing sustainable fashion companies and hoping their bets pay off in more ways than one. But how savvy are values-based investments in the post-pandemic reality?


News & Analysis

#BoFLIVE: What Does Reopening Look Like in China?

As countries in the West prepare for lifted lockdowns, BoF examines how China's economy has fared, and what it means for the global fashion industry.

News & Analysis

#BoFLIVE: What Does Reopening Look Like in China?

As countries in the West prepare for lifted lockdowns, BoF examines how China's economy has fared, and what it means for the global fashion industry.


China

Will Millennial Debt Threaten China’s Luxury Rebound?

Brands need to investigate how consumer debt will impact their recovery plans in the world’s largest luxury market. While some experts downplay concerns, others believe it could throw a spanner in the works.

China

Will Millennial Debt Threaten China’s Luxury Rebound?

Brands need to investigate how consumer debt will impact their recovery plans in the world’s largest luxury market. While some experts downplay concerns, others believe it could throw a spanner in the works.


Sustainability

Fashion's Sustainability Goals Threatened By the Crisis

In the midst of the pandemic, brands are continuing to make big, long-term commitments to environmental and social goals, but with money tight, progress is likely to be fraught.

Sustainability

Fashion's Sustainability Goals Threatened By the Crisis

In the midst of the pandemic, brands are continuing to make big, long-term commitments to environmental and social goals, but with money tight, progress is likely to be fraught.


Retail

J. Crew Files for Chapter 11, Becoming US Fashion's First Major Pandemic Casualty

The preppy American brand is unlikely to be the last retailer to seek bankruptcy protection in the wake of the Covid-19 crisis.

Retail

J. Crew Files for Chapter 11, Becoming US Fashion's First Major Pandemic Casualty

The preppy American brand is unlikely to be the last retailer to seek bankruptcy protection in the wake of the Covid-19 crisis.


Global Markets

Gulf Retailers Will Suffer During Ramadan

With the most important sales period of the year wiped out across the Middle East, luxury brands could be hit hard in key markets like the UAE, Kuwait and Saudi Arabia due to mall closures and lockdown.

Global Markets

Gulf Retailers Will Suffer During Ramadan

With the most important sales period of the year wiped out across the Middle East, luxury brands could be hit hard in key markets like the UAE, Kuwait and Saudi Arabia due to mall closures and lockdown.


Global Markets

Fashion Looks to China for a Glimpse of Its Future

Now that China has passed the peak of its coronavirus outbreak, a major push is underway to restart the economy. But to what extent will the Chinese market be a 'crystal ball' for businesses elsewhere as they enter the recovery phase of the pandemic?

Global Markets

Fashion Looks to China for a Glimpse of Its Future

Now that China has passed the peak of its coronavirus outbreak, a major push is underway to restart the economy. But to what extent will the Chinese market be a 'crystal ball' for businesses elsewhere as they enter the recovery phase of the pandemic?


News & Analysis

#BoFLIVE: Coronavirus Update to The State of Fashion 2020

Catch up on the live discussion and audience Q&A unpacking the special Coronavirus Update to The State of Fashion 2020.

News & Analysis

#BoFLIVE: Coronavirus Update to The State of Fashion 2020

Catch up on the live discussion and audience Q&A unpacking the special Coronavirus Update to The State of Fashion 2020.