The sports fashion industry can be an image industry that produces the values of sensations and times.
The sports fashion industry is image industry that produces the values of sensations and times. Unlike simple manufacturing industries, it is an amalgamated industry that reflects consumers’ sensibilities and desires in the design and commercializes them and completes them with diverse image and high sensitivity marketing strategies.
It is an essential industry that satisfies the “meaningful” sector among the essential human needs of life, and when incomes rise, fashion tends to alter from the concept of clothing to the concept of self-expression and life custom. In modern society, as fashion has become a kind of cultural product that expresses your own lifestyle, the fashion industry has developed into a lifestyle culture industry that enrich and enrich the belongings in life.
In addition for the value of a product, it is a high value-added industry that creates non-product value, 메이저놀이터 i.e. psychological Fashion products are representative products which high value added according to fashion or brand image, design, material, aesthetic sense and expression, and can be included value by brand image or stylishness.
Sportstoto In the past, the fashion industry was reborn as a quality value industry as attributable to changes in overall industrial base, such as high-quality product production technology, high-end fashion personnel from professional designers, consumers’ interest in getting high-sensitivity fashion, an upswing of women inside teens to early 30s as a person entity, the increase of professional women’s economic activities, and the increase of fashion mania according to brand concept and awareness.
South Korea’s fashion market, which shows high sensitivity to economic fluctuations, may be showing high growth recently. The domestic fashion market is forming a market size of 44.4316 trillion won (as of 2018). (Data: Korea Federation of Textile Industries)
In addition, due to factors because life style change, rational consumption culture pursuit, and market polarization, the fashion market has become more fragmented and an opportunity to create new fashion business portions. In addition, new competition and growth are expected in the international market generated by the acceleration of overseas advancement.
The fashion business is really a domestic-oriented industrial structure, that more understanding of changes in the domestic economy than other industries. Reported by the consumer sentiment index and clothing spending forecast compiled your Bank of Korea, individuals’ projected shelling out for clothing is highly correlated with consumer sentiment, a gauge of consumers’ overall thought of the financial crisis. In addition, individuals’ consumer spending is closely related to disposable income, so the style and clothing industries are highly correlated with economic fluctuations.
On the additional hand, the sensitivity to economic fluctuations varies somewhat according for the obedience of the garment, the particular overall sensitivity of the men’s wear being essentially the most sensitive to economic changes. On the other hand, the consumers in the luxury goods market are limited, and the intake of high-income households, the main consumers, isn’t more responsive to the economy than those who work in the low- and middle-income brackets, and also the luxury goods, women’s clothing, and casual, which we focus on, are characterized by relatively slow and low economic variations.
In terms of the seasonal nature of the fashion industry, the share of F/W (fall/winter) rather than S/S (spring and summer) is relatively large, particularly in the fourth quarter instead of the third quarter capsicum is derived from unit price of winter products is generally higher than that of other seasonal products.
Sportstoto A overseas brand market, capability to possess and find promising foreign brands, preoccupy and expand the distribution network is paramount, and in that respect, the nation’s luxury publication rack mainly dominated by competition among large companies to attract luxury brands and expand the distribution network. Women’s clothing is highly competitive that has more competitors than other submissives such as men’s clothing, infant uniform and sportswear, and differentiators are formed based on brand images or product styles that cannot be easily imitated due to the characteristics of the short fashion circuit.
The laws applicable in relation to the retail sale of textiles, textiles, clothing and clothing accessories include laws concerning intellectual property (patent, utility news, designs, trademarks) and laws on monopoly regulation and fair trade, and consumer protection in e-commerce, etc. Other relevant statutes include pick up an object on Controlling the harmful Terms and Conditions, the act on the Fair Trade Commission more than a Fair Trade Commission’s Notice and Guidelines.