2022 was marked by a level of instability in economic conditions rarely seen before. With the COVID-19 health crisis far from over, the global economy has seen the return of high inflation which looks set to last. On the European side, the euro has suffered a sharp decline and the fashion markets are struggling to reach the levels achieved in 2019. In this context, have private labels had to rethink their sourcing habits?
Has China’s zero-COVID policy changed the geography of sourcing? And finally, with growth expected to slow right down in 2023, what lies ahead for sourcing strategies?
30 minutes Talk in French with simultaneous translation in English. Presented by Gildas Minvielle, Director of the Economic Observatory at l’Institut Français de la Mode (IFM).