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Storm clouds are gathering, but the expertise of latest years reveals how the style trade may journey out the challenges ahead. In 2022, the business once more showed its resilience, virtually equaling the record financial revenue of 2021, the McKinsey Global Fashion Index shows. Echoing the sample of the previous year, the luxury sector outperformed, with a 36 % rise in financial revenue that offset weakness in other segments. Yet even the non-luxury sector was forward of its long-term common. Strong margin performance meant the industry…