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Why fashion business management has become increasingly important in modern times: Here s all you ne Why fashion business management has become increasingly important in modern times: Here s all you need to know Where would we be without fashion? To understand that, we must first understand the many roles fashion plays in society, including the following. advertisement UPDATED: December 11, 2020 10:08 IST Why fashion business management has become increasingly important in modern times: Here s all you need to know The Fashion industry, as we all know, drives significant global economic value and is projected to reach US$13,160m in 2020. According to the Statista market forecast, the revenue in this industry is expected to show an annual growth rate (CAGR 2020-2024) of 14.1%, resulting in a projected market volume of US$22,291m by 2024. The market s largest segment is Apparel with a projected market volume of US$8,680m in 2020. Apart from being an influential business sector, ne

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