FM 114 Lecture Notes - Lecture 17: U.S. Route 16, General Agreement On Tariffs And Trade, Caribbean Basin Initiative

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The world is becoming one huge market. The fashion industry is very much a part of the global economy, so much so that those who work in the business invented a term to describe the process of shopping and buying imported goods. Describe the process of shopping for and purchasing imported goods. U. s. buyers rely on the help and experience of specialists. Foreign made goods can be purchased at and by the following: India has the most handlooms in the world, 13. 5 million, making it a formidable textile producers. India"s fashion industry is growing starting with the 1999 lakm indian. Private label has two actual (cid:498)types(cid:499) of buying. One type consists of the manufacturer designing for the retailer, with macy"s. Retailers make their own assortment to set them apart from the competition. Both domestic and off-shore production are used to complete private label. Fashion week in new delhi being an example of this.

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