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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, NOVEMBER 30, 2022

Dear BoF Community,

Resilience is the watchword for fashion leaders as we look to the year ahead. Though the industry has already endured plenty of geopolitical and economic shocks in 2022, brands and retailers are bracing for an equally tough 2023. But many can do so with confidence, thanks in large part to the strong businesses they have built over the post-pandemic recovery period.

Today at VOICES 2022, we release the seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company, which reveals that fashion is well-equipped to navigate the global fragility we expect to encounter in 2023. Download The State of Fashion 2023 to learn about the 10 themes that will define the industry in the year ahead and understand how to deploy realistic yet bold strategies to drive growth, even amid challenging times. We will explore the key findings from this year's report at VOICES 2022 today at 11:00 GMT.

Imran Amed, Editor-in-Chief

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