Price Deflation, Globalization put Pressure on Apparel Firms

摘要

Downward pressure on prices will intensfy, and Web-based app ications wi become the standard for global communication, said presenters in Apparel's 2005 outlook Webcast. The apparel world is changing dramatically from both the retail and supply base perspectives, and only those organizations that embrace change and utilize tech- nology to facilitate global communication are likely to stay in the game. That was the word from several business and technology experts who shared their outlooks during Apparel's "2005 Business & Technology Outlook" Webcast this past October.