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Exam 1 Notes - Chapter 1 Textiles and Apparel as a Global...

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Chapter 1 – Textiles and Apparel as a Global Sector Global Interdependence – all nations are dependent on other nations for their economic well-being. In addition, countries are interconnected in such a way that one nation’s actions affect another country’s – and the other way around. Reasons for the Shift to a Global Perspective 1. Economic Growth 2. Varying Stages of Economic Development around the world 3. New communication technologies 4. Easy access to most parts of the world through improved transportation systems 5. Institutional arrangements on the part of business and government A Global Perspective on Textiles and Apparel o Today, about 200 countries in the world produce textile and apparel items, contributing to a high degree of competition for the industries in the US and other countries. Today, world’s textile and apparel production occurs in an immerse range of conditions : o In sophisticated cities, developed countries, and mud huts in developing countries. o In factories, in quiet rural communities, and in refugee camps near some of the most troubled spots on earth. o By highly trained professionals and by child laborers o With state-of-the-art complex equipment and old, hand-made machines o With manufactured fibers and hand-picked natural fibers. o For example: (Los Angeles and New York City) The textile and apparel industry is the largest source of industrial employment in the world. The textile and apparel industry has dispersed production operation around the globe. Fashion is Globalized – you can view next seasons’ fashion trends online from other parts of the world. Textile and Apparel Industry Segments o Fiber Producers (600 est.) o Yarn Producers (yarn producers, fabric producers, and dyers and finishers = primary textile producers = 6700 companies in the US) o Fabric Producers o Dyers and Finishers o Textile Product Manufacturers (25,000 – apparel items and sewn products) o Wholesalers (70,000 – and retailers) o Retailers Textile Product Pipeline o (see handout) Key Terms and Concepts o Textile Sector = Textile Industry – fiber, yarn, fabric producers, and dyers / finishers. o Apparel Industry – garment and accessory producers – industry = companies as a group o Sewn Products Industry – producers for apparel, interior furnishings, luggage, sewn toys, etc. o Textile Complex – fiber producers – Textile Product Manufacturers (including apparel) Includes only Manufacturers – NOT Distributors and Consumers o Softgoods Industry = Textile Apparel Industry = EVERYTHING – fiber producers to Retailers / Wholesalers Includes all the way to distributors
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o Upstream Activities – fiber manufacturing – dyeing and finishing o
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