Agenda-setting intelligence, analysis and advice for the global fashion community.

The Year Ahead: How to Navigate Formalwear’s Return

Formalwear will continue to be redefined in 2023. The black suit will no longer be a wardrobe staple and consumers will prioritise versatility for work and events, though special occasions will be dominated by statement-making outfits.

Zegna show featuring two models — The formalwear category will continue to be redefined in 2023. (Zegna)

12 December 2022

Not so long ago, people segmented their wardrobes for leisure activities, business events and family celebrations. But now, the lines between the dress codes for many of these occasions have blurred, leaving fewer events that require what was traditionally considered formalwear, such as suits and long dresses.

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The State of Fashion 2023: Resilience in the Face of Uncertainty

The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer confidence chip away at 2022′s gains. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.

Hugo Boss CEO Daniel Grieder’s Vision For the Future of Formalwear

The State of Fashion 2023 interview: The German brand’s CEO on the post-pandemic renaissance of office wear and formalwear, with an emphasis on casualisation and comfort.

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