13 February 2017

What does the decline of the liberal West mean for the fashion industry?

The Issue

What does the decline of the liberal West mean for the fashion industry?

The election of Donald Trump in the US, Britain’s vote to leave the European Union and the rise of right-wing nationalist parties across Europe signal a sharp shift away from the political and economic liberalism that have underpinned Western policy for decades, sowing widespread uncertainty and threatening to slow the integration of global markets with new curbs on the free movement of both people and products. The fashion market with its highly globalised talent pool and supply chain is uniquely susceptible to these shifts. What are the implications for the business of fashion and how should the industry respond?

Context
Opinions
Edward Hertzman Founder, Sourcing Journal

Op-Ed | Trump Trade Speculation Adds More Uncertainty to Fragile Industry

Proposed changes to US tax code could spell the end of many fashion businesses, argues Edward Hertzman.

Mario Ortelli

Op-Ed | How to Sustain Luxury Sales in the Case of Rising Protectionist Policies

In times of turbulence, brands should offer nervous consumers novelty and value for money to overcome nationalist and protectionist policies, argues Mario Ortelli.

What's your opinion?