Mckinsey luxury report 2021. Across all value segments, a larger proportion of executives in the Bo...

Mckinsey luxury report 2021. Across all value segments, a larger proportion of executives in the BoF-McKinsey State of Fashion 2021 Survey are pessimistic rather than optimistic about the year ahead, but 32 percent of respondents still expect the industry to evolve positively next year. com. 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. 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. Our pioneering expertise and global network enable our Apparel, Fashion & Luxury clients to drive change and flourish in a fast-moving and unpredictable industry. Achim Berg is a senior partner in McKinsey’s Frankfurt office, and leads McKinsey’s Global Apparel, Fashion & Luxury group. 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. Jan 13, 2025 · The luxury goods industry is facing new macroeconomic headwinds. 1 Aimee Kim, Lan Luan, and Daniel Zipser, “How young Chinese consumers are reshaping global luxury,” April 2019, McKinsey.