Based on McKinsey’s analysis of fashion forecasts, the luxury sector is expected to grow between 5 and 10 per cent in 2023. As wealthy shoppers continue to travel and spend, the luxury fashion sector will outperform the rest of the industry, and thus remain more insulated from the effects of hyperinflation.
In order to focus on important development possibilities, many organisations may alter their organisational structures, adding new positions or elevating existing ones. Brands could decide to work with manufacturing partners throughout the course of the coming year to optimise their supply chain strategy.
To effectively manage inventory, this may include nearshoring to better adapt to rapidly changing customer demand. It may also entail relying more heavily on data analytics and technology.
If you are a current or prospective fashion student, the good news is that the global fashion industry is a burgeoning sector. Today, many artists and designers are making a name for themselves in the global arena, and this includes fashion students and graduates.
Limkokwing University’s Bachelor of Arts (Honors) in Fashion Design provides the conceptual knowledge and garment-making skills required to transform a creative vision into compelling fashion statements. This innovative course teaches students important research methods alongside design and manufacturing skills.
Students will develop an understanding of sustainable issues within fashion design and are asked to engage directly with them. It nurtures the next generation of fashion professionals; from designers and stylists to buyers and business owners.
As a graduate of this degree, you’ll be qualified for a range of professional roles in fashion and design-related industries. There are roles available across commercial practice, niche fashion areas, emerging design markets, contemporary luxury industries, and cross-disciplinary subsectors of the fashion world.
This qualification can lead to careers including: fashion, accessories, costume, material or colour designer; digital content creator; creative pattern-maker; creative director; fashion strategist; product developer; brand strategist; communications manager; and fashion events producer.
