Zane Li Wins 2026 CFDA/Vogue Fashion Fund
The Lii designer took home the top award after winning the Karl Lagerfeld prize at the LVMH Prize earlier this year.

Next year non-Western markets will account for a greater share of global apparel and footwear sales than Europe and North America. But how will these increasingly important regions leverage their newfound status to gain even greater impact and influence on the global fashion industry?

The State of Fashion 2018, BoF and McKinsey & Company's in-depth report on the global fashion industry, forecasts sales growth to nearly triple between 2016 and 2018. But the rebound will not be felt evenly across the market.

Following last year's successful collaboration, The Business of Fashion is delighted to announce that McKinsey & Company will be the Exclusive Knowledge Partner for this year’s VOICES gathering.

Richard Dobbs, senior partner at McKinsey & Company, spoke in December at VOICES, BoF’s new annual gathering for big thinkers.

In the new year, new patterns will shape the global fashion industry, from a resurgent China to a ‘wellness dividend,’ reveals BoF and McKinsey & Company's in-depth report, The State of Fashion 2017.

In a fast-changing and unpredictable world, fashion must embrace disruption.

Click below to download BoF and McKinsey & Company's in-depth report on the global fashion industry in 2017, focusing on the themes, issues and opportunities impacting the sector.

The State of Fashion 2017, BoF and McKinsey & Company's in-depth report on the global fashion industry, can be summarised in three words: uncertain, changing and challenging.
The Lii designer took home the top award after winning the Karl Lagerfeld prize at the LVMH Prize earlier this year.
Total shipments rose 2.7 percent to $23.6 billion in the first nine months of the year, the Federation of the Swiss Watch Industry said Tuesday.
Revenue rose 7.2 percent, beating analysts' estimates.
Chief executive officer Bjoern Gulden wants the company’s local staff to jump on trends quickly and cater to customers in their markets to drive demand.
Most stores in the Via Montenapoleone luxury shopping district, home to brands including Chanel, Tiffany and Dior, removed merchandise from their windows as a precaution.
The company has ‘taken immediate action to identify and remove listings linked to the looting,’ and has ‘stepped up monitoring of suspicious listings,’ a Vinted spokesperson said in a statement. ‘When our rules are breached, we act against the accounts involved, up to permanent bans.’
The direct-to-consumer business, known for its dupes of popular items, is expanding outside North America for the first time.
Resilient demand for heritage bags and a higher share of full-price sales boosted the British luxury handbag maker, sending shares nearly 4 percent higher in early trading.