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- Key characteristics in the fashion industry include12:
- Four levels: production of raw materials, fashion goods manufacturing, retail sales, and advertising/promotion.
- Evolution: driven by technology, globalization, and changing consumer preferences.
- Influence: trends shaped by popular culture, street style, and social media.
- Vision for success: addressing client needs.
- Sustainable fashion trends.
- Empowering self-taught designers.
- Market research.
- Innovation and creativity.
- Choosing the right manufacturer.
- Business excellence essentials.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The fashion industry consists of four levels: the production of raw materials, principally fibres and textiles but also leather and fur; the production of fashion goods by designers, manufacturers, contractors, and others; retail sales; and various forms of advertising and promotion.www.britannica.com/art/fashion-industryThe fashion industry today continues to evolve, driven by technological advancements, globalization, and changing consumer preferences. Fashion trends are no longer dictated solely by designers but are influenced by popular culture, street style, and social media.www.pouted.com/fashion-industry/ Understanding the Fashion Industry - Yellowbrick
Mar 10, 2022 · In actuality, the fashion industry spans a wide range of markets such as haute couture, luxury fashion, fast fashion, economy fashion, and ready-to-wear. In 2020, these industries were valued at more than $1.5 trillion …
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