In this article, we will look at the 12 countries that produce the best fashion designers in the world. We will also discuss key developments and predictions for the fashion industry. If you want to skip our detailed analysis, head straight to the 5 Countries That Produce the Best Fashion Designers in the World.
Fashion Industry Outlook For 2024
As outlined in the McKinsey Global Fashion Index, the fashion industry is set for a challenging yet dynamic year in 2024. Despite economic headwinds and technology shifts, the sector displayed resilience in 2022, nearly matching the record economic profit of 2021. However, 2023 was also plagued by persistent challenges, with slow growth in Europe and the United States and the fading performance of China in the luxury segment.
Looking ahead to 2024, the industry is still plagued with uncertainty, with subdued economic growth, inflation, and weakened consumer confidence. McKinsey’s analysis predicts that the global fashion industry will grow from 2 to 4%, with the luxury segment expected to generate the most economic profit, despite a slower pace of growth. Regional variations include a 1 to 3% expansion in the European market, 0 to 2% growth in the nonluxury sector in the United States, and 4 to 6% growth in China. It is also worth noting that China is the country that makes the highest quality clothing.
Sustainability: Biggest Fashion Trend of 2024
One of the major fashion trends in 2024 will be the growing importance of sustainability in consumer choices within the apparel sector. In the recently released Brand Finance Apparel 50 2023 report, Nike Inc (NYSE:NKE) has retained its position as the world’s most valuable fashion brand with a value of $31.3 billion. This marks the ninth consecutive year that Nike Inc (NYSE:NKE) has held the top spot. The report highlights Nike Inc (NYSE:NKE)’s sustained success, attributing it not only to its impressive sustainability efforts, particularly its Move to Zero campaign, but also to its promise to innovation. Nike Inc (NYSE:NKE)’s focus on innovation is confirmed by its 5,610 patent publications between January 2019 and January 2023.
Moreover, Nike Inc (NYSE:NKE) is set to release a new addition to its eco-friendly Next Nature collection with the Nike Air Force 1 Low, scheduled for Spring 2024. The women’s exclusive sneaker is a perfect example of sustainability-ensured product by Nike Inc (NYSE:NKE) as it uses a minimum of 20% recycled and repurposed materials.
In contrast, fast fashion giants like H&M and Zara have experienced declines in brand value, with H&M seeing a 26% decrease and Zara, owned by Inditex, facing a 15% reduction. The report suggests that these declines are linked to challenges in communicating sustainability practices transparently, citing instances such as H&M’s Conscious Collection’s use of synthetic materials derived from fossil fuels.
On the other hand, LVMH Moët Hennessy Louis Vuitton SE (OTC:LVMUY), a luxury conglomerate, started on a sustainability journey over 30 years ago, with billionaire founder Bernard Arnault creating an environmental unit. Although initially discreet, LVMH Moët Hennessy Louis Vuitton SE (OTC:LVMUY) has become more proactive, investing in sustainable brands like Stella McCartney’s and updating its 11-year-old environmental program to LIFE 360. The ambitious plan involves targets such as using 100% renewable energy by 2026 and preserving 12.4 million acres of habitat by 2030. LVMH Moët Hennessy Louis Vuitton SE (OTC:LVMUY)’s sustainability efforts have earned it an “A” grade for climate action.
Coming back to the significance of fashion designers, it is worth noting that LVMH Moët Hennessy Louis Vuitton SE (OTC:LVMUY) has extended the contract of Nicolas Ghesquière, the artistic director of women’s collections, for another five years, marking his 10th anniversary with the luxury brand LVMH Moët Hennessy Louis Vuitton SE (OTC:LVMUY). Under Ghesquière’s creative leadership, annual sales of women’s ready-to-wear at have multiplied by more than five, and sales of shoes and leather goods have grown fourfold.
Speaking of luxury, in 2023, Rihanna wore eye-catching outfits at the Las Vegas Grand Prix. There was also a move towards simpler and easy-to-wear styles, a trend known as quiet luxury. Looking ahead to 2024, some fashion brands are expected to take a quieter and more exclusive approach. Instead of being everywhere with big logos, they will be more selective about who wears their clothes.
A fashionable retail store showcasing the company’s apparel products.
Our Methodology
To compile a list of countries that produce the best fashion designers in the world, we utilized the QS World University Rankings for 2023 in art and design. Our approach involved identifying the top 100 art universities in the world and then selecting countries with the highest number of these top institutions. As a result, we have narrowed our selection to the top countries that consistently host leading art and fashion universities. Moreover, we tried to focus on the average salaries of fashion designers around the world, and countries with the highest average salaries were shortlisted. The idea is that high-paying countries, by default, would attract the top quality fashion enthusiasts to their fashion designing careers. We averaged the rankings for both metrics to obtain our final rankings. The list is presented in descending order of average rank.
Please note that in the case of similar average ranks, the country with a higher number of top art universities was ranked higher.
Here is a list of countries that produce the best fashion designers in the world.
12. Spain
Average Salary: 15
Top Universities: 7
Average Rank: 11
Spain is recognized for producing some of the world’s finest fashion designers, exemplified by visionaries like Paco Rabanne. The average salary of a fashion designer in Spain is $52,436. IED Barcelona is the top fashion institute in Spain.
Spanish fashion giant Zara is expanding its ‘Pre-Owned’ service, allowing customers in Spain to sell, repair, or donate second-hand clothes starting December 12. It is worth noting that Spain is also one of the top clothing-manufacturing countries in the world.
11. Sweden
Average Salary: 13
Top Universities: 5
Average Rank: 9
Sweden is a global fashion force, producing some of the finest designers and brands. From the minimalist designs of Acne Studios and Filippa K to the international reach of H&M and its subsidiaries, Sweden’s name and fame in the fashion industry is undeniable. The country’s biannual fashion week in Stockholm also speaks volumes about its reputation as a breeding ground for globally influential fashion innovators. The average salary of a fashion designer in Sweden is $64,210. It is also one of the most fashionable countries in 2023.
10. Italy
Average Salary: 14
Top Universities: 4
Average Rank: 9
Italy is popularly known as the country that is known for style. With prestigious fashion institutions like the Milano Fashion Institute (MFI), Istituto Marangoni, and Accademia Costume & Moda (ACM), Italy is one of the top 10 countries for fashion designing. The average salary of a fashion designer in Italy is $59,941.
Italy is home to several luxury brands like Versace, which are celebrated for their bold prints and luxury. Moreover, Dolce & Gabbana, by Domenico Dolce and Stefano Gabbana, represents Italian glamour with timeless designs.
9. Japan
Average Salary: 11
Top Universities: 6
Average Rank: 8.5
Issey Miyake, Rei Kawakubo, and Hanae Mori are top fashion designers in Japan. Japan is the Asian country that has the best fashion, with an average annual salary of $67,405 for fashion designers.
Bunka Fashion College, Tokyo Mode Gakuen, and Vantan Design Institute are the best fashion institutes in Japan. It is also worth noting that owing to the emphasis of fashion and beauty in the country, Tokyo is one of the cities with the most beautiful women in the world.
8. France
Average Salary: 12
Top Universities: 5
Average Rank: 8.5
Paris is considered the global fashion hub, hosting iconic designers like Chanel and Louis Vuitton. Beyond Paris, cities like Lyon and Marseille contribute to the fashion industry’s diversity. The average salary of a fashion designer in France is $65,833. France is one of the best countries for the fashion industry.
7. Netherlands
Average Salary: 8
Top Universities: 8
Average Rank: 8
Two popular fashion designers in the Netherlands are Viktor&Rolf and Iris van Herpen. The average salary of a fashion designer in the Netherlands is $76,197. It is one of the countries that produce the best fashion designers in the world.
Moreover, Amsterdam has emerged as a global fashion capital that aims to achieve zero waste by 2050. The United Repair Centre (URC), a project launched in July 2022, has swiftly expanded from a team of four to 19 full-time employees, with plans to accommodate 60 tailors and repair 150,000 garments within two years. Popular brands like Patagonia, Decathlon, and Lululemon collaborated with URC.
6. Canada
Average Salary: 9
Top Universities: 3
Average Rank: 6
As the demand for fashion designers rises in Canada, the country becomes an attractive destination for skilled professionals. Foreigners are drawn to Canada for its growing opportunities in the apparel sector. Cities like Vancouver, Montreal, and Toronto are considered dream locations for immigrant fashion designers, each offering unique advantages. The immigration options include the Express Entry Program and Provincial Nominee Program, providing pathways for skilled individuals. The average salary for a fashion designer in Canada is $73,203, making Canada one of the highest-paying countries for fashion designers.
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Disclosure: None. 12 Countries That Produce the Best Fashion Designers in the World is originally published on Insider Monkey.