2016 has been a turbulent year in the world of fashion. Structural changes that had been the subject of mere whispers behind the catwalks have finally come to fruition and have turned the industry on its ear. Here in Canada, the general public may have seen the face of these changes with the demise of Toronto Fashion Week.
The announcement, in July, 2016, that Canada’s premier fashion event was folding due to lack of funding led to much discussion and debate as to the future of Canada’s emerging leadership in the world of fashion. At the heart of the demise of Toronto Fashion Week lies the rise of social media technologies.
What’s in store for the future of fashion houses?
Read our Executive Perspective on Fashion and Apparel for our 3 steps to success.