• Trend Retailer Missguided Puts A Hundred And Forty Jobs At Risk As A Part Of 'Complete Restructure'

    As the pandemic continued to run its course, the efficiency inequalities which have become a problem over current years have been extra in proof than ever. A record 69 percent of companies had been value destroyers in 2020, according to the latest studying of the McKinsey Global Fashion Index , compared with sixty one p.c in 2019 and simply 28 percent in 2011. About 7 percent of companies left the market completely, either due to monetary misery or as a outcome of they have been bought by rivals. Fashion was seen as a means forward for the nation and its craftspeople, especially women. In the latest installment of our Designer…

  • Trend Retailer Missguided Puts A Hundred And Forty Jobs At Risk As Part Of 'Complete Restructure'

    This is in stark contrast to the style industry’s efficiency over the earlier decade, which noticed the industry increase at 5.5 p.c annually. These are a number of the findings from our latest The State of Fashion report, written in partnership with the Business of Fashion to discover the industry’s fragmented, advanced ecosystem. Our first report, final 12 months, laid the foundation for rigorous in-depth analysis and analysis, focusing on the themes, points, and opportunities affecting the sector and its efficiency. (For more, see our infographic on the ten tendencies that can outline the fashion agenda in 2018.) This yr, we’re seeing actual signs of change. All this comes against…