Industry Analysis & Industry Trends
Over the past five years, the Fashion Designers industry has trended toward growth. Designers and retailers have started closing the gap between style and value in order to appeal to massive amounts of consumers. As a result, demand for fashion and other specialized design services increased during the period. Moreover, the industry is poised for growth over the next five years. Industry revenue will benefit from rising per capita disposable income and increased consumer confidence; it will also be aided by downstream apparel-manufacturing industries. As consumers demand trendier yet reasonably priced items, department stores will continue collaborating with designers to create product lines with mass appeal... purchase to read more
Industry Report - Industry Locations Chapter
Almost two-thirds of the industry's establishments are located in just three states: New York, California and Florida. New York has long been the home of major designers, brand labels and elite fashion schools. New York has also the focal point for a great deal of high-end retail outlets that the industry has historically relied on. In total, New York State comprises 28.7% of total industry establishments. The Mid-Atlantic region, with 35.0% of total establishments, is therefore the preeminent region for the industry in the United States.
The thriving art, entertainment and fashion scene in Los Angles is a notable factor behind the strong industry presence in the West. Similar to New York, high concentrations of designers and fashion industry icons reside in Los Angeles... purchase to read more