Hiring & People

Fashion companies are contending with a tough end to the financial year, which shows no sign of letting up. Layoffs and a worsening economic outlook created by inflation are leading to store closures in traditional retail environments. At the same time, there's a need among brands to address the growth of C-suite stagnation, as outsiders shake up textbook industry formats for the better. Here's a breakdown of three trends set to negatively impact the industry well into this year.