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Brands and manufacturers may contemplate revamping business models to align with the modifications forward. In 2024, the global financial outlook will proceed to be unsettled, as monetary, geopolitical, and other challenges weigh on shopper confidence. Fashion markets in China, Europe, and the United States will doubtless face headwinds, a few of which replicate individual regional dynamics. Suppliers, brands, and retailers might have to bolster contingency planning and handle for uncertainty. To prepare for challenges and be alert to opportunities, main fashion corporations will probably prioritize contingency planning for the coming yr.

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