Apparel and Footwear “Teaser” Industry Report

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Apparel and Footwear “Teaser” Industry Report Industry Analysis Apparel and Footwear Q1 2012 Industry Overview Four girls walking down the streets of Manhattan wearing designer labels – Chanel, Dior, Gucci, Hermes, Louis Vuitton, Manolo Blahnik, Prada and Versace, among many other royalties in the world of fashion. The television series turned blockbuster movie Sex and the City (SATC) has undoubtedly nurtured the love for fashion and labels, not only of millions of American women, but also of those in other corners of the globe. As the show shot to popularity, women craved for Samantha Jones’ Birkin, Carrie Bradshaw’s Vivienne Westwood wedding dress, Charlotte York’s Prada skirts and Miranda Hobbes’ Louis Vuitton handbag. According to Sondra Grace, a professor of fashion design at the Massachusetts College of Art and Design, SATC has had a great influence on the fashion sense of the masses over the past decade. It also paved the way for more shows that centered on fashion – America’s Next Top Model, Gossip Girl and Fashion Runway. Mark Twain once said, “Clothes make the man. Naked people have little or no influence on society.” The love for fashion and the need to cover one’s self from the harsh impacts of the elements fuels the apparel and footwear industry. This industry gives each individual a chance to define himself before a word is uttered upon introduction. Clothes do indeed make the person. A powerful communicator, clothing is a primary component of one’s image. A piece of clothing or a pair of shoes can attract attention, command respect or inspire trust. The apparel and footwear industry encompasses manufacturers and designers of apparel, accessories, footwear, and textiles that are used for apparel. It includes makers of high-end apparel, accessories, and footwear, which are luxury goods such as handbags. Companies in this industry cater to two types of consumers: the practical consumer and the fashion-conscious consumer. For the first category, they provide sensible and affordable clothing whose styles will not change drastically from year to year. For the second category, the companies attempt to provide styles of clothing that keep up with the current seasons and trends. There are three categories of apparel companies: manufacturers, jobbers and contractors. Manufacturers perform the whole range of production, including designing, buying textiles and fabric, cutting,*Full sewing, report contains finishing, insurance and arranging-focused researchfor including: critical analysis, statistics, and qualitative sale. Jobbers perform all parts of the process except that they contract out sewing and finishing. Contractors perform commentary, along with Advisen analytics such as sewing and finishing for jobbers and occasionally for manufacturers. U.S. MSCAd Large Losses & Insurance Program Pricing *Click here for full sample report *Advisen subscribers have full access to the reports, please contact [email protected] for information *Bulk rates are also available, please contact [email protected] for information Page 1 of 20 To purchase the full version of this report please click here www.advisen.com .

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