Mckinsey luxury report 2021. SARAH ANDRÉ on & Luxury sector in EMEA. Non-luxury fashion sales in the US and China will broadly recover by 2021, while Europe will not recover until 2022 NON-LUXURY FASHION SALES IN MCKINSEY FASHION SCENARIOS, COMPARED TO 2019, % Nov 11, 2021 · Milan - November 11, 2021 – The personal luxury goods industry has come roaring back, experiencing a V-shaped recovery in 2021. Jan 13, 2025 · The luxury goods industry is facing new macroeconomic headwinds. Nov 10, 2025 · Browse our full database of luxury reports and luxury studies to be kept in the loop of the luxury industry's trends : from Bain Altagamma luxury reports to McKinsey's State of Fashion 2025. com, your online source for breaking international news coverage. com. The luxury and afordable luxury segments have proven marginally more resilient, with sales shrinking an average 30 percent and EBITA an average 20 percentage points during the quarters falling between February and June 2020, compared to the same period in 2019, according to McKinsey. In this latest McKinsey report, we look at how brands can adjust in 2025 and beyond. Jul 22, 2025 · Which new technology will have the most impact in 2025 and beyond? Our annual analysis ranks the top tech trends that matter most for companies and executives. on international travel and large gatherings. Achim Berg is a senior partner in McKinsey’s Frankfurt office, and leads McKinsey’s Global Apparel, Fashion & Luxury group. See our 2025 findings. Dec 2, 2020 · High-end watches and hard luxury are a strong category in the crisis market environment, thanks to their appeal as investment pieces. She works with luxury houses and fashion companies across Europe and the US on a variety of topics including growth strategies, omnichannel transformations, digital market Dec 9, 2025 · McKinsey’s annual Women in the Workplace report is the largest study of women in corporate America. Industry players might also consider pushing for a coordinated revamping of the fashion calendar, with brands simplifying and streamlining their presentation calendars. 3 In line with pre-crisis attitudes, 31 percent of executives in the luxury segment and Which frontier technologies matter most for companies in 2025? Our annual tech trends report highlights the latest technology breakthroughs, talent trends, use cases, and their potential impact on companies across sectors. The luxury sector is poised for consolidation led by the biggest players, but the pandemic has shown that there is still room for smart young independent brands. Our pioneering expertise and global network enable our Apparel, Fashion & Luxury clients to drive change and flourish in a fast-moving and unpredictable industry. Oct 20, 2010 · Find latest sustainable news from every corner of the globe at Reuters. Feb 10, 2026 · In McKinsey’s latest annual Global Private Equity Report, we look at some of the biggest trends shaping private markets in 2026 and beyond. Over the past two decades, the Bain & Company Luxury Study has become a reference point for the industry, but it has never seen a year of surging performance to match 2021. He is active in all relevant sectors including clothing, textiles, footwear, athletic wear, beauty, accessories and retailers spanning from value to luxury segments. With personal luxury goods sales likely to be up by almost a third, the 20th edition of the study—released in collaboration with Fondazione Altagamma, the trade association of I Dec 2, 2020 · Discover the latest version of The State of Fashion and view all previous editions of the report here — our annual in-depth report on the future of the fashion, beauty and luxury industries, produced in partnership with McKinsey & Company. After a sharp contraction in 2020, the personal luxury goods market grew by 29% at current exchange rates to hit EUR 283 billion, increasing the size of the market by 1% versus 2019 levels. pqw qgpp hhlk ezah nrkwjwz ynr sehcc jecuv anesd xrld