Industry Challenges Individual Assignment
The Apparel Industry continues to face significant challenges on many levels. Governments, companies and consumers will need to be part of the solutions as the industry evolves. These challenges are not limited to technology but include other macroenvironmental issues as well. It is important for industry stakeholders to have a comprehensive understanding of these issues and prepare to address them collectively.
Task
Identify three challenges you believe are most pressing within the Apparel Industry. These challenges can be associated with any part of the industry including fiber creation, textiles, apparel manufacturing, retail, consumption, sustainability, and consumer categories. You are limited to one issue related to sustainability.
Research each challenge and provide support for your choices.
- Why do you believe it is a pressing challenge?
- How has this issue impacted the industry?
- Can you quantify the impact?
- What has contributed to the problem/issue?
- Why does it persist?
Determine industry players who are currently addressing the problem/issue.
- Who are the companies driving change related to this issue?
o Provide some background/historic information about the company
- Why have they taken steps to solve the problem/issue?
- What have they done and how have they implemented change?
- How have their actions affected change?
Recommendations going forward...
- Identify at least two new companies that you believe are best poised to help solve this problem and discuss why you chose them.
- Provide some concrete steps the company can take to begin implementing change.
- What challenges would companies expect to encounter?
- What outcomes do you believe will result if this problem continues to persist?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.