Paper 3 Flashcards

1
Q

What is the size of the clothing market in UK?

A

£58.5bn (2022)

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2
Q

What is the size of the clothing market globally?

A

$2005bn (2022) estimated $1.79 in 2024

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3
Q

What are the global importers/ exporters of fashion?

A

Importers - USA, Germany, Japan, Uk Exporters - China, Bangladesh, Vietnam, India

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4
Q

Which country hosts the most fashion manufacturing?

A

China

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5
Q

Who are the leading brands in the fashion industry?

A

Nike, Adidas, Ralph Lauren

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6
Q

What was consumer spending on clothes in the uk?

A

£62.2bn spent on clothes in the Uk in 2022

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7
Q

What are current customer tastes/ fashion crazes?

A

Second hand, sustainability (fair trade), vegan friendly

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8
Q

What is fast fashion?

A

Fast fashion is producing trendy items for low prices

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9
Q

How has fast fashion impacted the fashion industry and the businesses which operate within it?

A

impact on reputation, competitive pricing, wear once throw away

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10
Q

What are the top ethical issues facing the clothing industry?

A

Sweatshops, sustainability, environment

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11
Q

What changes has there been in clothing retailers/ manufacturers to become more ethically minded (give examples)

A

fake leather, vegan, checking suppliers, H&M conscious collection is a new sustainable line, H&M have garment collection boxes globally to recycle old clothing in return they give store vouchers

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