A majority of retail executives are optimistic about the 5-year outlook for the fashion industry, however, the percentage has fallen from 92.3 per cent in 2016 to 71 per cent in 2017, as per a recent study. The US fashion industry is most concerned about the impact of trade protectionism, risk management, and border adjustment tax proposal.
The USFIA released the fourth annual Fashion Industry Benchmarking Study, which is a survey of 34 executives from the leading fashion and apparel brands, retailers, importers, and wholesalers.
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