How to Identify Emerging Fashion Trends
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In an unsure world, shopper discretionary spend might be weighted towards trusted categories and types. Hard luxury goods—jewelry, watches, and leather—will probably be in demand, reflecting their potential funding worth in robust financial times. Consumers are anticipated to travel more and proceed Fashion & Online Shop News spending extra time outdoor. And they like emotional connections and authenticity over movie star endorsements. According to McKinsey’s evaluation of fashion forecasts, the global trade will submit top-line progress of 2 to 4 p.c in 2024 , with regional and country-level variations.
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