Consumers plan to curb discretionary fashion purchases

Uncertainty over inflation and rising prices have led to planned decreases in multiple categories, according to a recent survey from McKinsey.

By Howard Ruben • March 26, 2025

US instability impacts the global luxury market: report

Tariff reversals and geopolitical unrest are dampening consumer confidence, but there may be a potential for sector improvement in China.

By Lara Ewen • March 21, 2025

Sports apparel market projected to reach $173B this year: report

Executives in the category are confident in its revenue prospects, with 44% saying they feel “optimistic.”

By Howard Ruben • March 19, 2025

How fashion leaders are thinking about tariffs, consumer changes and tackling waste

The American Apparel and Footwear Association’s annual executive summit focused on staying agile amid constant change.

By Laurel Deppen • March 17, 2025

Fashion industry ‘nervous’ over potential Vietnam tariffs

Though the region isn’t as large of a sourcing hub as China, experts say duties on Vietnam would create headwinds for footwear and apparel companies.

By Laurel Deppen • March 13, 2025

Retailers to continue frontloading amid tariff tumult: forecast

A sustained cargo surge at U.S. ports will continue as Trump administration policy uncertainty continues, per the National Retail Federation and Hackett Associates' Global Port Tracker.

By Philip Neuffer • March 12, 2025

Luxury consumers are increasingly anxious about the economy: report

A new survey from Saks Global Luxury Pulse reports global conflicts and instability have led to decreased confidence.

By Lara Ewen • March 6, 2025

5 fashion trends from the 2025 Academy Awards

Hollywood wrapped up its red carpet season with Oscars outfits that ran the gamut, from predictably conservative to defiantly dramatic.

By Lara Ewen • March 3, 2025

Fashion industry warns of inflation, other brand challenges, following Trump tariff threats

Apparel companies with a diverse set of suppliers will fare better than brands with limited sourcing strategies, experts said.

By Laurel Deppen • Feb. 4, 2025

5 trends from the 2025 Grammy Awards

On one of fashion’s edgiest red carpets, celebrities mixed old-school glam and rock-star style, offering a fresh take on formalwear.

By Lara Ewen • Feb. 3, 2025

Fashion outlook 2025: What to expect in the year ahead

As the industry shifts toward a more sustainable future, it’s also facing creative and C-suite changes, legal hurdles and challenges in the luxury sector.

By Lara Ewen • Jan. 31, 2025

Trump orders trade review ahead of potential tariffs

Federal agencies have until April 1 to give recommendations on trade pacts with Mexico, Canada and China.

By Philip Neuffer • Jan. 22, 2025

Luxury market growth will be minimal until at least 2027: report

A new study from McKinsey indicates that jewelry and leather goods will see the most growth, with the U.S. outpacing the rest of the world in luxury spending.

By Lara Ewen • Jan. 13, 2025

5 fashion industry trends to watch in 2025

Sourcing and sustainability challenges will hit home as luxury and corporate shifts reshape the global fashion landscape.

By Laurel Deppen • Jan. 8, 2025

5 fashion trends from the Golden Globes

The first red carpet of 2025 showcased monochromatic looks, metallic finishes, strong shoulders and dramatic details.

By Lara Ewen • Jan. 6, 2025

Pantone’s 2025 color of the year is Mocha Mousse

The shade recalls milk chocolate and creamy coffee, and it’s the first time the company has given a brown hue this distinction.

By Lara Ewen • Dec. 6, 2024

Luxury shoppers will look for deals this holiday season: report

While many high-end customers say their disposable income is the same or improved from last year, almost a quarter still plan to use coupons to “shop strategically and save money.”

By Lara Ewen • Nov. 26, 2024

Brick-and-mortar holiday shopping still reigns, but customers look online for ideas

While online shopping aids with discovery, the ability to experience a product drives customers to stores, EY-Parthenon found.

By Kristen Doerer • Nov. 21, 2024

Luxury spending hits one of its worst years since the Great Recession

Flat growth and a lack of support from younger customers may mean the sector won’t recover until 2030, according to a new report from Bain.

By Lara Ewen • Nov. 20, 2024

S&P downgrades VF due to declining revenue at key brands

A report questioned the Vans owner’s competitive edge, adding that turnaround efforts could take a while.

By Laurel Deppen • Nov. 18, 2024

Trump’s tariffs: How manufacturers can prepare

Frontloading commodity imports could be a temporary solution, but diversified sourcing will be critical long term, experts say.

By Kate Magill • Nov. 14, 2024

Luxury customers optimistic and ready to shop for the 2024 holidays: report

A new report from Saks Luxury Pulse shows high-end consumers undaunted by the sector’s slump and willing to spend on themselves and others this year.

By Lara Ewen • Nov. 13, 2024

Fashion revenue will be sluggish but stable in 2025: report

Luxury will continue to lose ground as non-luxury fashion drives economic growth, while resale expansion and e-commerce challenges continue to impact the industry.

By Lara Ewen • Nov. 12, 2024

5 ways the election will impact fashion

Once a new administration is in place, policy shifts and legislative changes may have wide-ranging impacts on the industry, both at home and abroad.

By Laurel Deppen , Lara Ewen • Nov. 6, 2024

Miu Miu is the world’s hottest brand again, although luxury’s power is slipping: report

The Q3 Lyst Index revealed a new roster of contemporary and premium brands vying for a place in high-end closets.

By Lara Ewen • Oct. 24, 2024