Report: Fashion & Apparel 2023

Discover the latest insights on the Fashion and Apparel (F&A) sector in our report, available for download now. The report reveals a moderate Worldwide Risk Score (WRS) level of 4.5 out of 10, with supply chain being the main risk faced by the sector due to its complex global value chains. With increased logistic challenges and political tensions, the supply chain of the F&A sector may become a source of further risk. Despite this, the sector is expected to continue its post-COVID expansion, driven by the Asia Pacific market and a positive global outlook. To adapt to the changing landscape, companies will need to heavily invest in supply-chain management and new technologies like AI, respond to increasing environmental and ethical demands, and embrace e-commerce and digitalization.

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