The global apparel market is valued at more than $3 trillion and accounts for 2% of the world’s GDP. McKinsey & Company’s The Business of Fashion report states that “fashion is one of the world’s most important industries, driving a significant part of the global economy. If ranked alongside individual countries’ GDP, the global fashion industry would represent the world’s seventh largest economy.”
March 1, 2017 | By RetailME Bureau
Fashion must reimagine: McKinsey & Company
Fashion industry executives are now focusing on crisis management, but eventually must
April 9, 2020 | By RetailME Bureau
Beauty suffers but stays strong
The first quarter sales of the global beauty industry were weak, amidst
May 7, 2020 | By RetailME Bureau
