World Fashion Online

: 70% of executives cite a lack of consumer confidence and appetite to spend as their primary concern for the coming year.

: Revenue is expected to reach $1.89 trillion in 2026, with womenswear remaining the largest segment at roughly $990 billion. World Fashion

Artificial Intelligence has moved from a novelty to a business necessity for cost control and creative innovation. : 70% of executives cite a lack of

: 75% of fashion executives are prioritizing AI for demand forecasting and inventory optimization to manage volatile costs. : 75% of fashion executives are prioritizing AI

The global fashion industry is currently navigating a period of "The Great Reset," characterized by low single-digit growth and a shift toward value-conscious consumer behavior. While total revenue is projected to reach approximately by 2026, industry leaders are grappling with macroeconomic volatility and a significant decline in executive confidence regarding immediate growth. Economic Outlook and Market Dynamics

Despite its importance, sustainability has slightly fallen off the immediate executive agenda as economic survival takes precedence. The State of Fashion 2026: When the rules change - McKinsey