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Clothing

What is the apparel/clothing sector?

The apparel/clothing sector is a time-honoured, innovative and beneficial sector focused on apparel. It is one of the primary segments of the apparel industry. It includes wares such as clothing, accessories, and textiles. Also, it comprises product-related services. Among them are manufacturing, sales, distribution, repair, tailoring, and marketing. It is a sector with an extensive inter-sectoral network. It is due to the comprehensive use of clothing. The sector is linked to industries such as fashion, sports, health, and construction. Additionally, it is connected to the chemical, jewellery, clocks, eyewear, and leather sectors. It is also one of the most time-honoured due to clothing having an extensive history.

Is the sector of high value?

The segment is among the most high-revenue economic sectors. For instance, according to several sources, it has recently reached a market value of $1.84 trillion. It is due to its extensive network and the significance of its wares. This results in the industry spanning over 425,000 enterprises and employing between 300 and 430 million professionals. It is also a sector with a high emphasis on innovation. This is because of the importance of staying up-to-date with the latest challenges. The examples include implementing new manufacturing methods and fabrics.

Where does the industry present its innovations?

Often, presenting novel solutions occurs during trade expositions. These are hosted within countries with time-honoured links to the sector. Such include the Italian Republic, the French Republic, and the United Kingdom. They also feature the Federative Republic of Germany. Often, such trade expositions attract tens of thousands of participants. They occur every six months, once a year, or every two years.