The fashion industry wants to double investment in technology by 2030

As part of the joint study “The State of Fashion: Technology”, the market research company The Business of Fashion (BOF) and McKinsey predict that investments in technological developments by the fashion industry will double by 2030. Specifically, the volume of invested sales should increase from the current 1.6 to 1.8 percent to 3.0 to 3.5 …

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