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Seven Macro Trends In The Textiles And Apparel Industry - Management Briefing

Published by: just-style

Published: Jun. 30, 2009 - 17 Pages


Table of Contents


Introduction


Global economic recession


Shifting labour markets and developing countries


Protectionist trade policies


Online sales


Product safety


Corporate social responsibility


Environmental policy becomes business driver


Conclusion

Abstract

If there was a year when long-term textile and clothing market forecasters missed by a mile, 2008 was it. Forecasts made in 2007 were dominated by looming concerns about trade restrictions, investment in technology, a potential slow-down of production and a consolidation of business investment but no one predicted what devastating effects an unexpected recession would have on the textiles and apparel sector. The global recession has led to fundamental and widespread change in the economic landscape for the clothing and textile sector. This month, just-style assesses the recent key trends in the clothing and textile industry.

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