The State Of Fashion 2025 Collection . Spring/Summer 2025 Fashion Trends A Glimpse Into The Future Of Style Cruise Around The World 2025 With the rapid rise of Gen-AI since 2023, use cases for AI adoption have grown. The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion's data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead.
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Judged purely by the top line, the fashion industry's outlook for 2025 appears to be a continuation of the sluggishness seen in 2024: revenue growth is expected to stabilize in the low single digits (exhibit). With the rapid rise of Gen-AI since 2023, use cases for AI adoption have grown.
Aluf Spring Summer 2025 Fashion Show The fashion industry is expected to sustain low single-digit revenue growth in 2025, echoing the slowdown seen in 2024 Fashion leaders polled in our annual BoF-McKinsey State of Fashion Executive Survey were just as pessimistic as last year Judged purely by the top line, the fashion industry's outlook for 2025 appears to be a continuation of the sluggishness seen in 2024: revenue growth is expected to stabilize in the low single digits (exhibit).
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The State of Fashion 2025 Navigating a Maze of Challenges . Just 20 percent expect improvements in consumer sentiment in 2025, while 39 percent see industry conditions worsening Fashion leaders polled in our annual BoF-McKinsey State of Fashion Executive Survey were just as pessimistic as last year