Runway with slogan

Fashion made possible by global trade

Fashion made possible by global trade

Fashion made possible by global trade

Container ship with slogan

Fashion made possible by global trade

Fashion made possible by global trade

Fashion made possible by global trade

Washington trade symposium

WASHINGTON TRADE SYMPOSIUM
July 17, 2024

About

The United States Fashion Industry Association (USFIA) is dedicated to fashion made possible by global trade.

USFIA represents brands, retailers, importers, and wholesalers based in the United States and doing business globally. Founded in 1989, USFIA works to eliminate tariff and non-tariff barriers that impede the fashion industry’s ability to trade freely and create jobs in the United States.

Headquartered in Washington, DC, USFIA is the voice of the fashion industry in front of the U.S. government as well as international governments and stakeholders.  With constant, two-way communication, USFIA staff and counsel serve as the eyes and ears of our members in Washington and around the world, enabling them to stay ahead of the regulatory challenges of today and tomorrow. Through our publications, educational events, and networking opportunities, USFIA also connects with key stakeholders across the value chain including U.S. and international service providers, suppliers, and industry groups.

Learn More About USFIA          Learn About the Fashion Industry        Attend Our Events

 

News

Events

Reports

2024 Sourcing Trends & Outlook Report

USFIA's 2024 Sourcing Trends & Outlook Report is out. Members can log-in to the website to download it here

The top 5 sourcing trends in this year's report are:

  1. Asian apparel suppliers continue to dominate sourcing.
  2. China maintains its role as the top supplier.
  3. Higher costs are easing with lower average unit values.
  4. New suppliers highlight apparel sourcing opportunities.
  5. Despite high duty rates, FTAs and preference programs remain underutilized. CAFTA remains the major duty-free supplier.

Some of the key data highlights from this year's report are featured below:

Asian apparel suppliers continue to dominate sourcing

                   Top U.S. Apparel Suppliers in 2023 by Quantity

 Top Suppliers by Quantity

Top U.S. Apparel Suppliers in 2023 by Value

Top Suppliers by Value

 CAFTA remains the major duty-free supplier

SRCafta.jpeg

Chart courtesy of Dr. Sheng Lu, Associate Professor in the Department of Fashion and Apparel Studies, University of Delaware.

2023 USFIA Fashion Industry Benchmarking Study

USFIA's tenth annual Fashion Industry Benchmarking Survey is now available. This year, survey respondents highlight three main topics: sustainability, the economy, and sourcing diversification. Download the complete study here, and see the highlights below:

We asked, How do you anticipate your company's financials (profit margin) this year relative to last year?

Mouse over the chart sections to see the percentages. More respondents have a positive outlook for 2023 than did last year, with over half expecting their company's financials to improve.

U.S. apparel importers are increasingly diversifying their sourcing base, and 2023 is no exception.

Sources of U.S. Apparel Imports (by value)

Partners