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Full-Text Articles in Fashion Business

2014 U.S. Fashion Industry Bechmarking Study, Sheng Lu May 2014

2014 U.S. Fashion Industry Bechmarking Study, Sheng Lu

Sheng Lu

In collaboration with the US Fashion Industry Association, the study is based on a comprehensive survey of 29 executives at leading US fashion brands, retailers, importers, and wholesalers. The study reveals the latest industry outlook, sourcing practices and viewpoints on trade policy of the US fashion industry.


The Relationship Between Import Penetration And Operation Of The U.S. Textile And Apparel Industries From 2002 To 2008, Sheng Lu, Kitty Dickerson May 2014

The Relationship Between Import Penetration And Operation Of The U.S. Textile And Apparel Industries From 2002 To 2008, Sheng Lu, Kitty Dickerson

Sheng Lu

The U.S. textile and apparel (T&A) industries have respectively adopted various restructuring strategies in recent years which fundamentally changed the way the two industries operate and the shifting relationship of each sector with imports. This study empirically tests the relationship between import penetration and the operation of the U.S. T&A industries based on data at 4-digit North American Industrial Classification System (NAICS) code level from 2002-2008. Results from the panel data model show that overall the U.S. textile industry formed a weak cooperative relationship with import penetration level in the U.S. market and a neutral relationship was suggested for the …


The United States-Korea Free Trade Agreement (Korus) And Its Impact On China’S Textile And Apparel Exports To The United States, Sheng Lu, Kitty Dickerson May 2014

The United States-Korea Free Trade Agreement (Korus) And Its Impact On China’S Textile And Apparel Exports To The United States, Sheng Lu, Kitty Dickerson

Sheng Lu

This study is an empirical evaluation of the impact of the U.S.-Korea Free Trade Agreement (KORUS) on China’s textile and apparel (T&A) exports to the United States, with special focus on potential trade diversion effects of the agreement. On the basis of estimated export similarity index and trade elasticity of substitution values for T&A products of China and South Korea, trade diversion caused by the KORUS is predicted to most strongly affect China’s apparel exports (in HS Chapters 60-63). The KORUS may also affect China’s exports in other T&A categories (in HS Chapters 51, 52, 56, 57 and 59), but …


China Takes All? An Empirical Study On The Impacts Of Quota Elimination On World Clothing Trade From 2000 To 2009, Sheng Lu May 2014

China Takes All? An Empirical Study On The Impacts Of Quota Elimination On World Clothing Trade From 2000 To 2009, Sheng Lu

Sheng Lu

Purpose – This study aims to empirically investigate the impacts of quota elimination on world clothing trade. Design/methodology/approach - Multivariate analysis of variance (MANOVA) was undertaken based on trade statistics of 51 clothing exporters from 2000 to 2009 provided by the World Trade Organization (WTO). Findings – First, exporters’ performances in response to quota elimination overall were suggested unequal among countries located in different geographic regions of the world. Second, clothing exporters located in different geographic regions were suggested having unequal results of compound annual growth rate from 2005 to 2009 and market share changes from 2000 to 2009. Third, …


The Outlook For U.S. – China Textile And Apparel Trade In 2009: From The Trade Policy Perspective, Sheng Lu Dec 2008

The Outlook For U.S. – China Textile And Apparel Trade In 2009: From The Trade Policy Perspective, Sheng Lu

Sheng Lu

Despite the low ebb in trade volume, the year 2009 could be a golden opportunity for the textile and apparel industry both in the United States and China to reform and change. The U.S. textile industry at present urgently needs to figure out some new business models and explore more overseas markets to meet the challenges of lessening domestic demand. On the other hand, the task for the Chinese is to further reduce reliance on exports while absorbing the production capacity of the industry by stimulating more domestic consumption. With the economic interests between the U.S. and Chinese textile and …