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Wednesday, 19 December 2012

Retail Apparel Industry

Economic Environment Americans spent roughly $340 billion on clothes and shoes last year, which is about 25 percentage of the planetary market, and virtu all toldy all of it â€" 99 percent for footwear and 98 percent for clothes â€" came from somewhere else, according to the American do and Footwear Association . And the various pieces and parts of any bingle garment â€" a jacket, say, or pair of pants â€" frequently come from such a diverse multinational range of mountains of fabric mills, dye operations and assembly plants that quantifying the environmental squeeze of a single item is nearly impossible. The U.S. comprises 25 percent of the worlds clothing and shoe market, nearly all the raw materials came from another country in the world such as China or India, according to the American adorn and Footwear Association. The preen supply chain is long and in most if not all cases complicated, and many of our current apparel brand companies dont own all the output facilities and factories. So even for a company that has a cross off or brand on the product, it might not be easy to trace the whole life cycle of that product, because so much of that supply chain is out of their control.
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? Legal / semipolitical Environment The economics of minimum charter has been an area of intense donnish interest over the past decade (e.g. Card and Krueger 1995). coition to this large and growing literature on the employment effect of minimum wage, comparatively little attention has been paid to the abidance behavior of employers subject to the minimum wage. Workers in low wage industries are particularly likely to receive wages downstairs the statutory level to which they are entitled. One such exertion is apparel, which has long exemplified the problem of enforcing minimum labor standards and more broadly the sweatshop (any working environment considered to be unacceptably difficult or dangerous problem). In 1893, The Committee on Manufactures of the House of Representatives released a report regarding... If you want to get a full essay, holy order it on our website: Ordercustompaper.com

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