FASHION INDUSTRY : Importance to Society - Matrix Dubai 2021 (2024)

We all wear clothes, some made by consecrated designers and some by ordinary people. We all spend our childhood day-dreaming about the perfect wedding-gown or spend weeks and even months trying to find that perfect dress for our prom-night with the perfect shoes to match. Most of us accept the fact that the way we dress reflects in most cases is our first impression, a reflection of our character and an insight into our likes and dislikes. The latest fashion trends that promote custom slogan t-shirts as a powerful tool to speak your mind or affiliate to an idea stand as a further reinforcement to this statement.

Time changes and so does everything around us. The same way that technology evolved from automatized machines to talking phones and the global ’I’-craze, fashion has evolved from laborious corsets and ample trailing gowns girdled at hips to being nonchalant and care-free with a hint of masculine styles promoted by Coco Chanel in the 1900’s epitomizing the feminist emancipation.

The fashion industry is the most glamorous and underrated of industries, but equally important. Almost every individual is a direct consumer of fashion, frequenting retailers or buying from flea markets. It generates job opportunities for qualified and unqualified, skilled or unskilled people all over the world. The clothing industry contributes a lot to the global economy. Just image a world without 5th Avenue or Champs Elysees and that by itself stands as a valid argument. The fashion industry engages retailers, multinationals, production houses, publishers and more. All of these companies provide business to more traditionally accepted fields such as law, technology or finance.

When we talk fashion we talk creativity. Think of the immense creative legacy that is being built through the illustrious minds of creative directors around the world and throughout history. Coco Chanel, Christian Dior, Gianni Versace, Jeanne Lanvin, Alexander McQueen, Oscar de la Renta, Emilio Pucci, to name a few, are all genius designers who changed the rules of the game and have contributed to the fashion legacy, best recorded at The Costume Institute of The Metropolitan Museum of Arts in New York or in the ‘fashion-bible’, – Vogue magazine.

The fact is that the fashion industry will always be around. It will morph and adjust, and it will hit market trends. But it will never go away because fashion feeds a fundamental part of each person: the way we are perceived.

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FASHION INDUSTRY : Importance to Society - Matrix Dubai 2021 (2024)

FAQs

How does the fashion industry influence society? ›

Fashion empowers individuals to communicate their cultural identity and heritage to the world. Fashion shapes social identity. Specific clothes worn can signal affiliations, beliefs and social status. Subcultures, like punk or hip-hop, have been defined and united by their unique fashion aesthetics.

How does the fashion industry have a positive impact on society? ›

The fashion industry employs over 300 million people globally that may otherwise be without work. It has been estimated as the second most significant worldwide economic exporting and trade business operating over 57 million workers in developing countries. The vast majority of these employers are women.

Why is the fashion industry important? ›

Economic growth and industry impact

Fashion Designing stimulates economic growth by creating a ripple effect that extends beyond the runway. From textile production to retail, the industry generates employment for millions, spanning Designers, Artisans, Manufacturers, Marketers, and Retail Personnel.

What is the importance and scale of the fashion industry globally? ›

The fashion industry of today

Changing the system will unlock billion dollar economic opportunities. Globally, the USD 1.3 trillion clothing industry employs more than 300 million people along the value chain; the production of cotton alone accounts for almost 7% of all employment in some low-income countries.

Why is fashion design important to society? ›

Fashion designing has proved to be the important pivot point in various phases of one's professional and personal life. Dress codes, parties, business meetings, weddings and other occasions demand change in clothing. And that's the job of a designer to design the wants and needs of the audience.

What is the impact of the fashion industry? ›

The fashion industry is estimated to be responsible for 10% of global carbon emissions – more than international flights and maritime shipping combined. According to the European Environment Agency, textile purchases in the EU in 2020 generated about 270 kg of CO2 emissions per person.

Why is fashion important in today's society? ›

Social and Cultural Significance

Fashion is an integral part of society and culture, serving as a means of expression and reflecting the values, beliefs, and traditions of different communities. It is more than just clothing; it includes hairstyles, makeup trends, and even body modifications like tattoos or piercings.

What is the negative impact of fashion industry on society? ›

The fashion industry has negative impacts on society, including environmental pollution, waste generation, and exploitation of workers. The negative impacts of the fashion industry include environmental damage, exploitation of workers, and cultural hom*ogenization.

What are the positive impacts of fashion trends on society? ›

The Positive impact of fashion trend

Fashion and the apparel industry have a multitude of positive impacts. They give rise to new ideas, designs, and trendy looks, providing a chance for designers to showcase their talent. The apparel sector offers endless opportunities, making it an attractive industry for many.

What is the value of the fashion industry? ›

Fashion is a highly competitive industry, currently worth over 1.7 trillion dollars. It's also growing at a rapid pace every year.

How is fashion important to culture? ›

Fashion and style are influenced by the cultural context in which they exist. Traditional garments and attire reflect cultural heritage and regional traditions. The use of materials and textiles in fashion is shaped by cultural resources. Fashion has been used as a form of protest and expression of identity.

How does the fashion industry contribute to the economy? ›

Employment: The clothing industry is a major source of employment worldwide. It encompasses a wide range of jobs, including design, manufacturing, distribution, retail, marketing, and more. Millions of people are employed in these various sectors, from fashion designers to factory workers and sales associates.

Why is fashion important to a country? ›

The clothes we wear tell stories of our culture and our heritage – things that can't easily be shrugged on and taken off at will. Tradition is also passed down in the creation and construction of our clothes. The way things are made, the materials, and the process, are all embedded into our communities and cultures.

Who benefits from the fashion industry? ›

Consumers who enjoy the latest fashion with the convenience of low prices benefit, but the primary beneficiaries are investors, owners, and other stakeholders who profit from the practice.

What is the future of the fashion industry? ›

According to McKinsey's analysis of fashion forecasts, the global industry will post top-line growth of 2 to 4 percent in 2024 (exhibit), with regional and country-level variations. Once again, the luxury segment is expected to generate the biggest share of economic profit.

How does clothing or fashion influence how others view us? ›

Social perception: Clothing can also affect how others perceive us. When we wear clothing that is associated with a certain group or social class, others may treat us differently. For example, if someone wears a suit to a job interview, the interviewer may perceive them as more competent and professional.

What is the impact of fashion on people? ›

Every person's self-realization now includes their clothing. Fashion can have a significant impact on an individual's identity. The clothes we wear, the accessories we choose, and the way we style ourselves can convey a message about our personality, our culture, and our values.

How has fashion impacted history? ›

Fashion history is important because it is a visual marker of societal changes. In ancient Rome and Egypt, clothing was used strictly as a status symbol. In 1890, the French started the iconic fashion trend of haute couture. Many women began wearing androgynous flapper style clothing in the 1920s.

How does fashion impact identity? ›

Also, through dress individuals can internalize these ideals of the group, to influence their view of themselves, and in turn how they interact with the outside world. Furthermore, clothing can also highlight a person's individuality through failure to conform, evoking a different individual-world interaction.

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