The United States Fashion Industry Association (USFIA) has released the fourth annual Fashion Industry Benchmarking Study, a survey of 34 executives from the leading fashion and apparel brands, retailers, importers, and wholesalers in the US.
The study shows that U.S. industry executives are most concerned about the impact of trade protectionism, risk management, and border adjustment tax proposal
While most executives are optimistic about the five-year outlook for the fashion industry, the percentage fell from 92.3% in 2016 to 71% in 2017—a record low since the association started conducting the study in 2014.
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