The state of fashion, watches, and jewelry; retail's tech revolution, subscriptions, omnichannel, and more

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company What’s in fashion now As the seasons turn, many in the Northern Hemisphere are thinking about cutting loose with a fresh look for summer. It’s also an opportune moment to look at winds of change in the industry more broadly. Which trends—from the digital sprint to sustainable brands—will have the staying power of the bikini, a classic that made its debut 75 years ago today? Take stock with several recent reads to understand: the overall state of the fashion industry, plus the watches and jewelry sector within it ways technology is reshaping retail what the industry might look like in 10 years’ time how retail companies might respond Read more The State of Fashion 2021: In search of promise in perilous times In 2021, the COVID-19 pandemic will accelerate industry trends, with shopping shifting to digital channels and consumers continuing to champion fairness and social justice. Get on-trend   State of Fashion: Watches and Jewellery Bringing the sparkle back: Six seismic shifts are shaping the fine jewellery and watches industries in the next five years. See what matters   Five charts that set the tone as New York Fashion Week 2021 kicks off As New York Fashion Week kicks off a new season of fashion weeks around the globe, these are the five themes to watch. Tailor your strategy   Less is the new more: The state of fashion in 2021 In this interview, McKinsey senior partner Achim Berg discusses how consumers in 2021 want fewer things and more clarity—and why digital is the future of retail. See the interview   How tech will revolutionize retail The retailer of the future will harness the power of data, quantum computing, artificial intelligence, and augmented reality, says serial entrepreneur and technology expert John Straw. Get his view   The future of fashion: Sustainable brands and ‘circular’ business models There’s no denying that the fashion industry has been a major contributor to climate change and biodiversity loss—which means the industry’s sustainability efforts are critical to our planet’s health. In this edition, The Next Normal explores the coming decade in sustainable fashion. What’s next   Sign up now: Creating consumer—and business—value with subscriptions Done right, subscription businesses can provide consumers with value, convenience, and personalized offerings while fostering stability and growth. 4 imperatives   Omnichannel: The path to value Haphazard efforts at omnichannel can destroy value. Here's what top retailers do to get it right. Focus your efforts   Navigating the retail storm through supply chain agility Given COVID-19's acceleration of digital retail trends, we sat down with Shekar Natarajan from American Eagle Outfitters to discuss the company's recent push toward digitization. Tap into dynamic demand   To see more essential reading on topics that matter, visit McKinsey Themes. — Curated by Torea Frey, a managing editor in McKinsey Global Publishing based in Seattle Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to our Consumer & Retail alert list. Manage subscriptions | Unsubscribe Copyright © 2021 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007