How the Global Economy Is Affecting Fashion

Highsnobiety's Retail Move, Reliance Takes on Amazon [View on Web]( [Add to contacts]( [New reader? Subscribe]( [BoF]( THE DAILY DIGEST ADVERTISEMENT [Thermore | DDNL | Dec 23, 2019 -Jan 4, 2020]( THE UPFRONT Dear BoF Community, From the UK and Europe to China and the US, the global economy is experiencing ongoing turbulence as we enter a new decade, with political and geopolitical instability clouding the outlook across industries. Against this gloomy backdrop, the fashion industry must tackle existential challenges at a time when it also faces significant internal issues of its own. From sustainability to generational shifts, fashion players will need to ensure they are suitably resilient in the year ahead. Today’s feature tackles the first theme from [The State of Fashion 2020]( co-published by BoF and McKinsey & Company, looking at how and why fashion companies should remain on high alert. You can read it [here](. Sarah Schijen, Features & News Editor TODAY'S MUST READ [Intelligence]( [The Year Ahead: Macroeconomic Headwinds Put Companies on High Alert]( BY BoF Team and McKinsey & Company [Continued caution is advised as mounting underlying turmoil could disrupt relations among both developed and emerging market economies.]( TOP STORIES [News & Analysis]( [Why Highsnobiety Is Breaking Into Physical Retail]( BY Zoe Suen [The streetwear media authority will link with Colette and Selfridges for its first brick-and-mortar launch.]( LESSON OF THE DAY [Fashion-Tech]( [The End of Ownership]( BY Lauren Sherman [From Uber to Spotify, ownership is giving way to on-demand services. What does this mean for fashion?]( To access this article, become a BoF Professional Member [JOIN]( [NEWS BITES]( [Nike Asks to Remove Marketing Executives from Michael Avenatti Trial]( [India Conglomerate Launches Online Store to Take on Amazon]( [DAILY DIGEST Fashion News from Around the Web]( 1 [Italian Vogue Won’t Publish Photos This Month]( [THE NEW YORK TIMES]( 2 [Will Gap Really Spin Off Old Navy?]( [RETAIL DIVE]( 3 [Why CBD Took Over America]( [THE ATLANTIC]( 4 [Facebook and Instagram Shopping Groups Create Communities]( [THE NEW YORK TIMES]( 5 [China’s Seven Wealthy Consumer Types]( [JING DAILY]( [BoF CAREERS - FEATURED JOBS]( [Public Relations Associate]( [DREEMS]( New York, United States [HR Coordinator]( [Swarovski]( London, United Kingdom [Buyer]( [Vestiaire Collective]( Paris, France [View All Jobs](  [Subscribe Were you forwarded this email? To subscribe to this newsletter, click below.]( for Free]( Follow Us [The Business of Fashion]( [Sponsorship & Advertising]( [About]( This email was sent to {EMAIL} [Add to Address Book]( | [Unsubscribe]( | [Edit Newsletter Subscriptions]( The Business of Fashion Moray House - 6th Floor · 23-31 Great Titchfield St London W1W 7PA · United Kingdom