The perfect amalgamation of tough competition and uncertainty has turned out to be the biggest and the toughest challenge for the apparel industry in 2013. The industry leaders are on their toes trying to gather the latest information about the industry. Technology, globalization and import/export regulations are the significant aspects contributing to the revolutionary change in the industry. There are reliable online journals providing a complete, exhaustive and most importantly, latest information about the clothes industry.
Every day, each piece of information PERFORMANCE FABRIC added by the online journal sites adds immense value to the leaders. These journals act as a news bible offering a wide spectrum of news to the target audience. Expert commentaries, detailed analysis of breaking news are some of the categories of information presented. Presented in the form of news articles, there are industry insights related to price pattern, production and consumption cost, latest purchasing trend, supply chain and various other topics of interest.
The news articles contain precise and timely demographics, statistics, industry trends that can be essential for business plan, GAP analysis, risk analysis, SWOT analysis or growth share matrix. These online journals provide information that industry leaders can rely on. Information from across the globe, be it Japan, USA or UK, are provided in details. Designers, textile manufacturers, wholesalers, retailers get information on various topics. An online journal is like a complete database that offers information worth millions. The industry leaders need not spend hours searching for the latest industry news. The comprehensive journal maintains an archive of news articles that can be referred at any point of time. Instead of filtering news from different sources, one can get industry specific news at one place and have complete, in-depth knowledge about the entire sourcing market.
Significance of Online Journals:
· Journals offer up-to-date information
· News articles in the journals offer valuable information to industry experts
· Specific topics are covered in the news articles
· Reviews and comments from industry leaders are provided
· Latest information helps in competitive analysis, better understanding of current trends
Manufacturers, Retailers, Supply Chain Managers, Purchase Managers, Merchandisers and significant people of the apparel industry need to be aware of the financial, economical scenario of the world. News related to trade agreement; rise and fall of prices, supply and demand of products, labor laws, environmental impact of products, shipping regulations, custom regulations and several other aspects have a direct impact on the industry. The audience can filter news articles with respect to business, raw materials and countries and look for the latest information, before taking a business decision.