Apparel industry outlook for 2009 Management briefing

At the beginning of 2008, the apparel industry was focused on fears that Chinese prices would go through the roof as rising wages, new labour laws, worker shortages, the appreciation of the yuan and higher exporting costs took
hold – sending many buyers in search of cheaper suppliers elsewhere. What a
difference a year makes. Looking forward to 2009, this briefing outlines what
the apparel industry might expect, how fashion firms will respond, what the
downturn means for the supply chain and how ethical, environmental and trade
issues will affect the industry.

Table of Contents:

Introduction

Setting the scene: What can the apparel and footwear industries expect in 2009?

How are fashion firms responding to the slowdown in consumer spending?

What does this slowdown mean for the supply chain?

Will ethical and environmental concerns stay at the top of corporate agendas?

How will new certification and tracking requirements pile on the pressure?
Consumer Product Safety Improvement Act
Importer Security Filing and Additional Carrier Requirements
Lacey Act

What is the current state of play as far as US trade rules are concerned?

Are new restrictions on imports likely under President Obama?

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