With so much uncertainty I thought it’d be helpful to break down the key takeaways and how they might impact your work moving into 2025.
A Shift in Consumer Behaviour
First off, the market is still pretty tough. Consumers are still feeling the pinch and are more price-conscious than ever but this shift is NOT just about discount shopping—there’s more demand for value, which includes embracing things like resale, off-price, and, believe it or not, even dupes!!
As an independent designer, this could mean reconsidering your pricing strategy but much more importantly, and what I tell the designers in Fashion Entrepreneurs Academy, it’s about how you communicate the value of your work.
Regional Shifts
Since China is not growing as fast as it was, many global brands are pivoting their attention to o
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