The United States Fashion Industry Association (USFIA) has released the third Annual Fashion Industry Benchmarking Study, a survey of 30 executives from leading fashion and apparel brands, retailers, importers, and wholesalers, which reveals that despite the challenges that the retailers are facing currently, they have a positive outlook about the next five years.
The survey included questions regarding their business outlook, sourcing practices, utilization of Free Trade Agreements and preference programmes, and their views on the trade policy, where the majority of the respondents have mentioned that they are optimistic about the five-year outlook for the US fashion industry, a fresh change from the study results from 2014, setting a high record.
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