B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Aging
2%
2% -- retail sales growth rate for global fashion industry (2024)
The fashion industry anticipates retail sales growth of 2 to 4 percent in 2024.
- forecast range between 2 and 4 percent
Attribution:
View source
Lighthouse Research Team
Last verified:
·
How we verify data →
Source verified
Evidence graded
Value
2%
Unit
Percentage
Data Vintage
2024
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
McKinsey & Co
Primary
Tier B
https://thepradvisor.com/2024-fashion-forecast/ ↗
Source Article
2024 Fashion Forecast: Insights and Strategies for the Luxury Industry
In the realm of high fashion and luxury, the winds of change are as constant as the seasons. As we embark on our journey through the sophisticated world of haute couture and the elite, I’ll be your fashion forecast guide through the latest insights from McKinsey & Co State of Fashion 2024 report.
Th…
Original Research
McKinsey & Co
· Original study ↗
Methodology
McKinsey State of Fashion 2024 forecast; range 2-4%, midpoint 3% used
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
global fashion industry: 2% retail sales growth rate. Source: McKinsey & Co (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/fashion-retail-sales-growth-2024
HTML Embed
<blockquote cite="https://lighthousedata.io/data/fashion-retail-sales-growth-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>2%</strong> -- retail sales growth rate for global fashion industry<br><small>Source: McKinsey & Co (2024) · <a href="https://lighthousedata.io/data/fashion-retail-sales-growth-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
Share
Related Statistics
Use this data in your work
Copy the citation, embed the widget, or explore thousands more verified marketing statistics -- all free.