US fashion industry faces mounting sourcing risks in 2024

US fashion industry faces mounting sourcing risks in 2024: Study

Insights · US fashion executives report growing sourcing risks in 2024, including economic uncertainty, forced labour, and geopolitical tensions ...

2024 USFIA Fashion Industry Benchmarking Study Released

#1 Respondents reported growing sourcing risks of various kinds in 2024, from navigating an uncertain U.S. economy, managing forced labor risks, ...

10 Challenges Facing American Clothing Manufacturers In 2024

1. Sustainability Trends in US Fashion · 2. Rising Costs for American Clothing Brands · 3. Technology in Fashion Industry 2024 · 4. Digital ...

Top 11 Fashion Industry Challenges In 2024 - 3DLOOK

2024's fashion challenges: What are the current challenges facing the fashion retail industry? · 1. The talent deficit · 2. The sustainability gap.

The State of Fashion 2025: Challenges at every turn | McKinsey

The global fashion industry faces economic uncertainty, a dynamic market, and consumer behavior shifts. Finding pockets of growth means ...

Fibre2Fashion - X

... fashion sourcing executives have reported growing sourcing risks in 2024 ... US fashion industry faces mounting sourcing risks in 2024: Study.

What's keeping US apparel sourcing executives up in 2024?

The issue that is front of mind for US apparel sourcing executives is inflation and economic outlook in the US, which moved up two places from 2022.

US apparel brands' 2024 sourcing strategies amid rocky geopolitics

First, US fashion companies increasingly regard forced labour in the supply chain as a significant sourcing risk, even without specific references to the UFLPA ...

The State of Fashion 2025: Challenges at Every Turn | BoF

Sustainability has fallen off the agenda, with only 18 percent of fashion executives citing it as a top-three risk for growth in 2025, down from ...

Top 8 Fashion Industry Challenges In 2024 - Techpacker

The fashion industry is known for its significant environmental footprint, including carbon emissions, water usage, chemical pollution, and waste generation.

2024: The challenge for luxury amid global and regulatory changes

In 2024, the luxury fashion industry is ripe with technological innovation, and AI, machine learning, and blockchain are leading the charge.

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What's keeping US apparel sourcing executives up in 2024? · More Relevant Posts · US fashion industry faces mounting sourcing risks in 2024: Study.

10 challenges facing the fashion industry in 2024 - Heuritech

Key takeaways · In 2024, the fashion industry will navigate significant challenges. · Economic downturns and high inflation impact consumer ...

Navigating the new fashion landscape in 2025

The global fashion industry is bracing for a pivotal year in 2025, as structural changes in consumer behavior and macroeconomic headwinds ...

Ensuring Sustainability in Fast Fashion: Steps Companies Must ...

In recent years, the fast fashion industry has come under increasing scrutiny due to its environmental and ethical implications.

Deciphering the 'state of fashion' in 2024 - Jing Daily

The industry, responsible for 3 percent to 8 percent of global greenhouse gas emissions, faces escalating risks due to its reliance on regions ...

The State of Fashion 2024 - McKinsey

He works with apparel, sportswear and pure-play fashion e-commerce companies in Europe and North. America on a wide range of topics including ...

The Future of Fashion Retail: Key Trends For 2024 - 3DLOOK

According to McKinsey's 'The State of Fashion' report, industry leaders believe the prevailing challenge they'll face in 2024 will be the ...

Snapshot: Key Concerns of Fashion Industry Executives in 2024

Fashion industry executives point to forced labor, an uncertain economy, shipping and supply chain disruptions, and rising geopolitical tensions as among their ...

The Year Ahead: What to Expect as New Sustainability Rules Roll In

The fashion industry is heading for a reality check. By the end of 2024, self-regulation of sustainability may no longer be an option.