Industry Analysis & Industry Trends
Although the recession ravaged the Fashion Designers industry in 2009, operators found new avenues to pursue that revolutionized the industry. Fashion designers have discovered innovative ways to market and sell their creations: collaborations with mass merchants like Target and H&M have been at the forefront of the market's expansion. In the coming years, the industry is poised for growth. As broad economic factors, such as per capita disposable income and consumer confidence, as well as demand for downstream apparel-manufacturing industries, continue to brighten, the... purchase to read more
Industry Report - Industry Analysis Chapter
When it comes to fashion, today's consumer has grown more demanding, and the desire to differentiate oneself is a crucial driver of spending habits. As a result, the designers behind high-end fashion clothes, accessories and jewelry have reaped the benefits. Shoppers looking to associate themselves with luxury labels have flocked to brands such as Louis Vuitton, Prada, Versace and Chanel. Moreover, these brands have become increasingly available for consumers to purchase.
Rising demand for high-end clothing, accessories and jewelry has significantly benefited the Fashion Designers industry. The industry, while threatened by the recession, remained resilient and carved out new product segments to secure its relevance after the economic downturn... purchase to read more