The Unpredictable International Fashion Industry

Fashion is the driving force behind the fashion industry. But, fashion keeps on changing. Leading brands invests millions of dollars to study the latest fashion trends. Therefore, they usually work under high pressure to complete orders. But, for fashion loving people, this unpredictable international fashion industry is the interesting one. They feel that fashion plays a crucial role in bringing wide changes in our society. Diverse factors mold this industry. The major aspects include external influences, economic conditions and local atmosphere. Outside influences are an everyday occurrence.

Professional designers try to change things, but ultimately, the finest style will be of the most influential in the industry. Money creates a huge existence in this unpredictable international fashion industry. High profile professionals constantly search for profitable and emerging markets. Cultural and heritage factors also affect the image. The international fashion business is more of a joint industry. A great deal of factors that affects the worldwide industry are usually those that comes forth from recognizable industries. Apart from the industrial changes, often the requirements also changes. It is important to consider this factor while analyzing it from a universal perspective.

The unpredictable international fashion industry is amongst the most vital sectors, with regards to employment generation, investment, trade and income. This industry offers diverse kinds of products, volatile and unpredictable demand, long supply and inflexible procedures. But, through the need of garments are increasing considerably, still the production rate cannot go with the increasing demand. Globalization is playing a crucial role in the success of this industry worldwide. Some merchandise policies are very much in support of developing countries. Paris, Milan, London, New York are eminent as the top capitals for fashion trends. They always move forward in this industry. More importantly, it feels really soothing to discover that in spite of advancing in the digital world, this business helps us remain reminiscent and grounded.

Finding Careers in the Fashion Industry

The vibrant, ever-changing fashion industry is always looking for brilliant minds with an idea of what comes next in design and merchandising. Could you be that visionary voice? What does the future hold for jobs in the fashion industry?

Check out some of the top fashion industry jobs, and learn what you can do to work your way into one of these exciting careers.

Fashion & Retail Management

If you love fashion and you’ve always wanted to own your own business, a degree in retail management could be right up your alley. You already know what shoes to pair with that little black dress for the perfect night out, but you need to learn the details of management as it relates to fashion. Courses in fashion sales, retail history, and more can give you the experience you need to enter the field with confidence.

Management Salary Points. In 2007, retail sales managers and supervisors saw mean annual earnings of $39,210, according to the Bureau of Labor Statistics (BLS). Management positions at high-end boutiques and specialty stores might earn more, depending on location and experience.

Fashion Merchandising Careers

If you stand behind your brand, you have to be able to sell it. Fashion merchandising is an umbrella term that covers a range of careers, including: Merchandise managers ” Fashion buyers ” Fashion marketers ” Fashion sales

Even those who specialize in creating window dressings for department stores fall under the category of fashion merchandising.

Fashion merchandise managers see a lot of use in today’s fashion economy. “Today it’s the merchandise manager who carries the weight,” Marvin Traub, a retail consultant, told the New York Times. “He has an eye to the numbers.” While a degree or certificate in fashion merchandising may not be required for all careers, it can help to have the technical knowledge you can pair with you existing passion.

Merchandising Salary Points. Wholesale and retail buyers earned $53,580 in 2007, the BLS reports. That same year, purchasing managers across all industries earned mean annual wages of $90,430. While that figure goes well beyond the fashion industry, it should give you an idea of the kind of salary a skilled manager in the field might expect.

Fashion Designers

When you first think of jobs in the fashion industry, you might picture famous fashion designers like Donatella Versace or Michael Kors. While it’s true that most work can be found in fashion hubs California and New York, designers typically work all over the country, running small businesses and boutiques. Whether you’re dreaming of small-town success or a big-city dream, training in fashion design can get you there.

Fashion Design Salary Points. Fashion designers saw mean annual wages of $71,170 in 2007, according to the BLS. Most designers worked in New York or California, cementing the notion that your best chances for employment are on the opposite coasts.

While competition is keen for many careers and no degree can guarantee a job, graduates of fashion schools are still finding a viable job market. Research fashion schools to get a better idea of your potential future.

Working in the Fashion Industry

There it is, on the television or on the internet everyday – people working in the fashion industry giving the public live updates on what’s up for the year’s designer Fall Collections, which colors are popular for the month, whose gown drew the most praise at The Oscars, what kind of shoes are in for the coming spring and so on. The big, glitzy world of fashion may always spotlight the fashion designers, models and celebrities who make and wear what the rest of the world follows, but it’s actually a much bigger arena with thousands of people working in the fashion industry behind the scenes to make sure each show goes smoothly or that each clothing line sells.

Job Outlook

Working in the fashion industry may seem like all fun and glamor, but in reality, like all professions, it takes hard work to make it. If you’re an aspiring fashion designer who wants to jump headfirst into the field, be wise and check out what you’re getting into first. Fashion is a thriving industry, no doubt. There is always a need for new talent and for skilled professionals, but the competition is fierce as well. For anyone to enter the doors, you should have the proper educational background, excellent artistic abilities, training and skills.

Salaries vary according to the career you’re in while working in the fashion industry, but according to statistics, the median annual salary for fashion designers is something like $35,000-$75,000. Merchandise displayers start at $15,000 up to $40,000 a year while set designers may get from $18,000-$63,000. The better your educational background and qualifications, the more experience you garner, the higher your pay grade gets and the more likely you are to climb the ladder of success.

Career Opportunities

Not everyone desires to be a fashion designer, but still wants to work in fashion. As such, there are numerous career opportunities to be found. Fashion Design Production is where clothing designs are recreated and reproduced for the market and where the actual creation of a fashion line takes place. These are the pattern makers, designers, textile experts, showroom salespeople and product managers. Fashion Marketing and Merchandising is the area that deals with fashion trends, consumer behavior, advertising and marketing campaigns and strategies, retail and wholesale selling. In short, this is where the actual selling of clothes takes place and where you will find fashion coordinators and directors, retail and visual merchandisers. Fashion Media and Promotions is where fashion photographers, illustrators, writers, fashion magazine staff, stylists, online fashion teams, and public relations people will find themselves.

Other areas in fashion are in costume design, runway, print or commercial modelling, buyers and personal shoppers, interior design, set design, retail shop owners, fashion forecasting and critiquing. With so many niches you could possibly fit yourself in, there’s no lack of knowledge and skills that you can further acquire while you are working in the fashion industry that will help you do your job better and aid you in getting a higher-paying job or a better position!