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According to a recent McKinsey & Company survey, 7 out of 10 fashion leaders cited consumer confidence and the appetite to spend as the top risk for 2025.Other top risks included geopolitical ...
About 50 million customers were sidelined from the luxury goods market by 2024 as prices climbed roughly 20% since 2021, according to Aaron Cheris, a partner and head of global e-commerce and ...
This spring is all about the mini skirt and playing with proportions, according to the spring/summer 2025 runways, so get creative with your styling and pair your micro minis with a blouson jacket ...
In 2024, McKinsey was ordered to pay a $122 million criminal penalty (and enter into a three-year deferred prosecution agreement) to settle an investigation by the Justice Department and South Africa's National Prosecuting Authority for violations of the Foreign Corrupt Practices Act (FCPA); 50% of the penalty will be paid to South Africa ...
Karmen Pedaru modeling for Michael Kors, Spring/Summer New York Fashion Week, 2013. A fashion week is a week-long fashion industry event where fashion designers, brands, or "houses" display their latest collections in runway fashion shows to buyers and the media which influences upcoming fashion trends for the current and approaching seasons.
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McKinsey's Matthew Fitzpatrick is leaving the firm after 12 years to head what he calls the "most under the radar critical AI company in the US." McKinsey senior executive departing firm to lead ...
The retail category saw a record-breaking 200,000 retail transactions in a single day in May 2024, with 5 million orders placed, up from 3.59 million in April 2024. With 630,000 orders in the home and kitchen category, 330,000 orders in fashion, and 2 million orders in other retail subcategories, the grocery and food delivery categories each ...