9 Full PDFs related to this paper. 131 Pages. #5 Fashion Gets Personal. Some common factors are political, economic, social and technological (known as PEST analysis). Social Factors: Apparel Industry. The fashion industry's deterioration would see a serious impact on the global economy, not to mention the furloughing or unemployment status of millions of artists, designers, seamstresses and more. Clothing … From automation of production to designing, marketing, inventory, and selling, has continually shaped up man's view on fashion as we know today. Impact of Technology on Retail Industry. Technological factors are one of various external environment factors that affect businesses greatly and are also an integral component of the PESTLE analysis. Here you are some examples on how they are using this new form of technology. A 2005 report from the Harvard Center for Textile and Apparel Research suggests that several non-traditional factors affect the textile and apparel industry in the United States. The use of sporting specific apparel is often brought into question. In the present scenario, utmost dependence on equipment, technological factors can have more effect on business operation and success globally than ever before. Fitness Industry Employers. Technological Factors that Affect Zara. Especially in the textile sector there is a lot of technological development. The paper highlights the fast fashion and slow fashion models prevailing in the fashion industry. These factors affect the clothing industry in different ways. The fashion industry has always been fast paced, but in the digital era, it has the capacity to change faster than ever. Environmental Factors: Apparel Industry. The fashion industry is undergoing largescale changes as a direct result of the rise of technology and its impact on consumer behaviour and must adapt; Digital transformation is the means by which brand and reputation can be protected in an uncertain and complex environment; The availability of big data and analytics can be used by fashion companies strategically to tailor … Download. The textile and apparel industries contribute significantly towards the national economy of many countries (Jones, 2006; Dicken, 2003).Although the apparel industry is global in nature, the manufacturing facilities from developed countries are shifting to developing countries to … ADVERTISEMENTS: The increasing computing and processing capabilities of personal computers is enhancing the efficiency and effectiveness of businesses. Technological Factors Affecting The Retail Industry. Factors Cultural Factors Economical Factors Political Factors Technological Factors Sports Music Designers. The fashion industry is all over it! Social Factors Class/Segment, Income. Social Factors Awareness- People are … Social Factors. Consumers, Technology and China Market Reshaping Apparel Industry Alvanon president Ed Gribbin discusses impact of technology and consumer behavior on market. ADVERTISEMENTS: Some of the important factors influencing industrial productivity are : (i) Technological Development (ii) Quality of Human Resources (iii) Availability of Finance (iv) Managerial Talent (v) Government Policy (vi) Natural Factors! Sportspeople Job Board. It is common for managers to assess each of these factors closely. This data can be then used to design clothing that people really want to wear. 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