Industry Analysis & Industry Trends
Weak downstream demand from manufacturers, retailers and consumers severely hurt the industry over the five-year period. Moreover, although the recession ravaged the Fashion Designers industry in 2009, operators have found new avenues to pursue in light of decreased consumer spending. For example, 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. Consequently, the increasing visibility and accessibility of fashion will bode well for industry participants, as consumers' budgetary constraints diminish, growing industry revenue... purchase to read more
Industry Report - Starting a New Business Chapter
A bachelor's degree is generally required for entry-level positions as a designer in a fashion house, manufacturer or retailer, and some designers obtain post-graduate certificates or master of fine arts degrees. However, while these formal qualifications may enhance a person's capacity to undertake design work, formal qualifications are not mandatory for entering the industry.
The industry is not subject to any specific licensing or registration, other than standard state-based requirements. A designer's success relies heavily upon creativity and an understanding of fashion.
It's not what you know
The capacity for new entrants to gain a foothold in this market is constrained by the existing relationships between leading design houses and the major clients... purchase to read more