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| AN ARTICLE A DAY, PICKED BY OUR EDITORS | | | Supply-chain issues, patchy demand, pressure on the bottom line: these may not be the first “fashion trends” that spring to mind for you, but they’ve certainly made an impression on the industry. While fashion is beginning to find its feet again, the sector has faced an undeniably challenging stretch of disruption. For example: Revenues and margins declined from 2019 to 2020, and over two-thirds of companies in the McKinsey Global Fashion Index were value destroyers. So as 2022 approaches and the recovery continues, growth will be a key priority. Want more on what’s ahead for the industry? Don’t miss The State of Fashion 2022—download the free report, written in partnership with the Business of Fashion, or check out the executive summary for insight on the most important dynamics shaping the landscape. | | — Torea Frey, managing editor, Seattle | | | In 2022, the fashion industry can return to growth as changing category landscapes, new digital frontiers, and advances in sustainability continue to present opportunities. | | | |  | | The McKinsey Crossword: Bakery Consultant | No. 52 | | Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you're looking for a quick win. | Play now  | | | | | Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too.
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