The top 20 companies in the industry account for 97 percent of economic profit.

Notes:

According to McKinsey's proprietary tool: McKinsey FashionScope.

Primary Source:

2018 - https://www.mckinsey.com/~/media/McKinsey/Industries/Retail/Our%20Insights/The%20State%20of%20Fashion%202019%20A%20year%20of%20awakening/The-State-of-Fashion-2019-vF.ashx

Secondary Source:

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