Apparel and Textiles: Introduction
Segments
Cloth
Companies in this industry create cloth by weaving, knitting, crocheting, or knotting.
Clothing
Companies in this industry operate physical retail establishments that sell clothing and accessories.
Yarn
This industry comprises establishments primarily engaged in spinning yarn, manufacturing thread of any fiber texturizing, and further processing into rope, fabric, or bags.
The Apparel and Textiles industry is Fragmented. The production in this industry is divided among a few different companies, however, no single firm has large enough share of the market to be able to influence the industry's direction or price levels.
Primary Demand Drivers
- Consumer tastes
- Comparative costs of manufacture in the U.S. and overseas
Profitability Drivers
- Efficient operations
- The ability to secure contracts with clothing marketers
From the Blog 
Over the past few months- and August of 2024, in particular- India has seen strikes and protest erupt across the country. These strikes, involving port workers, doctors, and farmers, have had significant adverse impact on both the national and global economies.
In a world where everything is mass-produced and readily available, luxury brands are the gatekeepers of sophistication, the arbiters of style, and the purveyors of impeccable craftsmanship. From watches to handbags, these items with expensive price points and high demand make them difficult products to obtain. These goods are typically reserved for the select few, but the luxury consumer of the new generation, who has come of age in the era of the internet, displays new concerns for the industry.
Sources
- Hoovers (Date Accessed: 6/1/2017)