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Short Trend Summary
Economic pressures and rising prices are making consumers more cost-conscious, leading to a prioritization of value in fashion purchases.
Value-Driven Consumption- Navigating Global Uncertainty
- Values-Driven Consumption
- Brand positioning
- Consumer Spending
- Pricing
- Retail Strategy
- Brands & Advertising
- Business & Commerce
- Consumer Attitudes
Economic pressures and rising prices are making consumers more cost-conscious, leading to a prioritization of value in fashion purchases.
McKinsey: The state of fashion...Value-Driven Consumption
Economic pressures and rising prices are making consumers more cost-conscious, leading to a prioritization of value in fashion purchases.