The New Economy of Fashion

10688346_569310406548200_1341363483860092438_oFashion is a multi-trillion dollar global industry, encompassing everything from textile and apparel brands to wholesalers, importers and retailers. Over a trillion dollars is spent annually on apparel and footwear around the globe, with nearly $370 billion spent here in the United States.

– Joint Economic Committee, United States Congress | Ranking Democrat Carolyn B. Maloney

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