2023 report

Fashion Transformation

The report series Fashion Transformation examines the transformation of the fashion industry driven by market challenges, the urgency of the climate crisis, consumer shifts and legislative initiatives.

A preview of the second edition of Fashion Transformation was unveiled during a seminar at Almedalen in June 2023, an annual event gathering every high-ranking politician and business professional in Sweden.

The report preview provides valuable insights and updated figures on the Swedish fashion industry and examines the industry's economic impact, growth and transformation by focusing on key indicators such as GDP, e-commerce, employment, and export.

The full version of the second edition of Fashion Transformation was released on the first day of SFC [FASHION X] Stockholm in November 2023, an alternative to the traditional fashion week model showcasing the new era of fashion.

This second edition builds on the first edition released in 2022 and will further look into market trends, the second hand market and circularity, the technological acceleration of the industry, diversity and inclusion as well as how politics and legislation can further support the transformation.