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Apparel, Textiles & Fashions Business Trends Analysis, Business and Industry Trends Analysis

¹ Video Tip For our brief video introduction to the Apparel and Textiles industry, see www.plunkettresearch.com/video/apparel.   While Asia, particularly China, has enjoyed a dominant position in shoes, apparel and household textiles manufacturing for several years, makers of these items located in developed nations such as the U.S. and Canada have suffered a long period of decline. For example, over 98% of the shoes sold in America each year are imports, and the majority of these imports come from Asia. To consumers in Europe and North America, this growing reliance on Asia as a low-cost producer has meant very low retail prices…

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