As fashion businesses and consumers wait to see how the United States’ central bank navigates 2024, California Apparel News asked industry leaders: When thinking about the potential for the Federal Reserve to cut rates in 2024, thereby moving inflation closer to the agency’s 2 percent goal, what does this mean for the fashion industry?
Ecological and ethical influences have reached every area of fashion and apparel. Abiding by greener apparel guidelines requires brands to remain transparent by revealing each step.
With lackluster holiday 2022 sales signaling a slowdown in consumer spending on goods, what new challenges can the apparel industry expect, and how can businesses in this sector navigate the resulting economic hurdles?