
Latest Fashion News
📅April 2, 2026 at 1:00 AM
Shanghai Fashion Week peaks with Maison Margiela; Kering sells assets; trends shift to circular fashion, AI, and luxury accessories amid challenging 2026-2027 outlook.
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Global Fashion Shifts to 'Challenging' Landscape in 2026-2027
McKinsey's State of Fashion 2026 report describes the industry moving from uncertainty to challenging amid trade and tech changes. Growth stays low single digits, with value in circular fashion, luxury accessories, and wearables.
Brands adapt via agile production and transparent supply chains.
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Circular Fashion and Secondhand Market Surge Expected
Secondhand fashion is forecast to grow 2-3 times faster than primary markets through 2027, per Business of Fashion. Sustainable clothing to hit over 6% market share by 2026, driven by lab-grown fibers.
Resale and traceability lead high-growth segments.