McKinsey & Company

McKinsey | China to account for 40 percent of world’s luxury spending by 2025

McKinsey | China to account for 40 percent of world’s luxury spending by 2025

Global management consulting firm McKinsey & Company’s Apparel, Fashion and Luxury Group have released its latest report: “China Luxury Report 2019 : How young Chinese consumers are reshaping global luxury.” The report reveals that Chinese consumers are set to account for more than half of global growth in luxury spending to 2025, powered by a young generation for whom luxury is a form of social capital…

The State of Fashion 2018 | Australia

The State of Fashion 2018 | Australia

In collaboration with McKinsey & Company, we were delighted to last week host an industry leaders’ reception to launch The State of Fashion 2018 report in Australia. Joined by MC Clare Press, Sustainability Editor-at-Large at Vogue Australia, and guest speaker Jack Calhoun, Senior Adviser at McKinsey & Company, the evening saw Jack share key insights on the trends shaping the global fashion industry in 2018, as well as how the Australian industry stacks up.