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State of Fashion report 2022 news and archive

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The price of clothing is set to increase in 2022

The price of clothing and accessories is set to increase in 2022, despite the easing of coronavirus woes. Data from the McKinsey and BoF State of Fashion 2022 report show an average price increase of 3 percent across apparel categories. While a recovery to pre-pandemic levels is set for 2022, with growth rates forecast between 3 and 8 percent,...

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