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1. McKinsey predicts a shift in global consumption by 2050, India poised for major role ...
(Apparel)
22 January 2025, Mumbai A new report by McKinsey & Company gives insights on global consumption patterns, predicting significant transformations in how and what the world consumes by 2050. The report, ...
Created on 22 January 2025
2. Brace for Pockets, Not Parties: McKinsey's Fashion Forecast ...
(International)
06 December 2023, Mumbai McKinsey report warns of a tough year ahead, with leaders needing to find new sources of growth McKinsey's "State of Fashion" paints a sobering picture for 2024. The sluggi ...
Created on 06 December 2023
3. McKinsey: Near Shoring in Fashion space is here to stay!  ...
(Trade)
... biggest cost driver, 71 percent of apparel and fashion companies are planning to increase their nearshoring share by 2025, according to the latest report by McKinsey & Company. “Harbor shutdowns, port ...
Created on 17 November 2021
4. Consumer confidence to boost spending across categories: McKinsey  ...
(Insight)
As per a new McKinsey survey, Indian consumers’ newfound optimism would result in increased spending across categories in the months to come. The survey found most consumers have been trading down or buying ...
Created on 18 December 2020
5. Consumer confidence to boost spending across categories: McKinsey ...
(Apparel)
As per a new McKinsey survey, Indian consumers’ newfound optimism would result in increased spending across categories in the months to come. The survey found most consumers have been trading down or buying ...
Created on 24 November 2020
6. India's Rising Luxury Star: A bright spot in a cooling global market
(Apparel)
15 January 2025, Mumbai While the global luxury market braces for a slowdown, India is emerging as a shining beacon of opportunity. A new report by Business of Fashion and McKinsey, released this Monday, ...
Created on 15 January 2025
7. Nihir Parikh resigns as CEO, NykaaFashio.com and Nykaa Man
(Apparel)
...  Nykaa’s leadership transition, the company has appointed Abhijeet Dabas as Executive Vice President and Business Head - Fashion eCommerce. An industry veteran with experience at Adobe Systems, McKinse ...
Created on 06 December 2024
8. Abhijit Dabas to be Nykaa Fashion’s new Executive VP and Head-Fashion E-Commerce
(Apparel)
...  of IIM Calcutta, Dabas has held senior roles at McKinsey & Company and a range of technology and e-commerce firms, including Cars24, Swiggy, Myntra, and Lazada. During the quarter ending Sep’24. Nykaa’ ...
Created on 14 November 2024
9. India: A rising star in global fashion industry, predicts State of Fashion 2025 report
(Apparel)
...  for homegrown brands. This is according to a recent report by The Business of Fashion (BoF) and McKinsey & Company, which paints a vibrant picture of India's fashion future. Economic Engine and Consum ...
Created on 12 November 2024
10. Live streaming takes centerstage in Indian fashion e-commerce
(Apparel)
... s suggest live streaming can significantly boost sales and conversions. A McKinsey & Company report states live commerce resulted in conversion rates 3-5 times higher than traditional e-commerce. In Indi ...
Created on 02 July 2024
11. Live streaming takes centerstage in Indian fashion e-commerce
(Fashion)
... g can significantly boost sales and conversions. A McKinsey & Company report states live commerce resulted in conversion rates 3-5 times higher than traditional e-commerce. In India, Myntra launched M-Li ...
Created on 26 June 2024
12. Fashion Boom: Rising affluence fuels India's apparel appetite
(Apparel)
... , consumers allocate a larger share towards discretionary items like clothing and footwear. Data supports this trend. As per a report by McKinsey & Company, apparel and footwear consumption in India is expect ...
Created on 13 May 2024
13. Almost 81% Indians still shop clothes in stores, why e-commerce needs a makeover
(Retail)
... s due to the importance of fit and quality says McKinsey report on China's Apparel Market. Stronger online presence in apparel shopping in the West and China can be attributed to factors like higher inter ...
Created on 29 April 2024
14. Business Standard organises ‘BS Manthan’ to explore luxury’s sector’s potential in India
(Brands-To-Retail)
... s trajectory over the next 23 years. According to ‘The State of Fashion 2024’ report by The Business of Fashion and McKinsey & Company, India is deemed one of the most promising destinations for luxu ...
Created on 30 March 2024
15. The global clothesline, western wear vs. ethnic attire
(Apparel)
... suit, is not a simple one. Western wears global reach Western wear's global reach can be attributed to several factors, according to a McKinsey & Company report. Its focus on comfort and casual style ...
Created on 29 March 2024
16. Snitch bolsters leadership team with Maruthy Ramgandhi as new CTO
(Brands-To-Retail)
...  With 18 years of experience, Ramgandhi brings a wealth of expertise garnered from reputable companies such as Stumbl, Amazon, McKinsey & Co., Bewakoof.com, Ajio, and Commonfloor.com. Siddharth Dungarwal ...
Created on 13 March 2024
17. Boost Brand Recognition & Sales with Fashion AR
(Article)
... AI can accelerate the creative process, reflecting the inherent individuality of designers and consumers. Nuanced data point: McKinsey's report highlights the ongoing digital transformation, with ne ...
Created on 24 February 2024
18. GenAI in Fashion & its use cases in fashion industry
(Article)
... AI can accelerate the creative process, reflecting the inherent individuality of designers and consumers. Nuanced data point: McKinsey's report highlights the ongoing digital transformation, with ne ...
Created on 23 February 2024
19. D2C Fashion Brands: Disrupting the industry, one click at a time
(Fashion)
... aligning with the D2C model, says McKinsey, State of Fashion 2023 report. Then there is the aspect of shifting consumer preferences. Growing demand for sustainability, ethical sourcing, and transparency ...
Created on 21 February 2024
20. On 18% growth trajectory, Indian e-commerce powers through
(Retail)
... below the age of 30, the primary market for the sector. Fashion may have been restricted to being aspirational in the past but e-commerce has set it free. According to data from McKinsey's FashionScope ...
Created on 21 December 2023