The fashion industry of the early 2000s had turned into a global body for certain. Luxury
Fashion conglomerates have been taking stakes in American businesses and production, constantly moving to countries that offered them the least expensive labor. The world of fashion is intertwined into most countries on this planet.
In the modern world of fashion, the designers often …show more content…
The stores return the favor by competing with designers by sourcing and producing their own private label collections. The retail stores often base their private label collection on the prevailing runway looks.
Magazine editors and stylists have gone on to become designers, apart from people originally involved with the fashion industry in one way or the other, Hollywood actors and pop stars have also gone from wearing designer clothes to creating them. The industry is one that is comprised of emerging designers as well as seasoned industry veterans. At the outset of the twenty-first century, what defines the fashion industry has little to do with the artisan's craft of a century ago. However, the industry also continues on with many of its earlier processes and traditions. As always, the fashion industry is
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one like any other industry is one that pushes forward in the pursuit of profitability.
As many small and multinational conglomerates rise to stardom, many others fail along the way. With competitive technology and the most efficient delivery of timely merchandise, we as an industry continue to find the next trends and meet consumer needs and desires.
It might come as a bit of a surprise but the fashion industry with