The power structure of the fashion industry: Fashion capitals, globalization and creativity
Geography plays a crucial role in the fashion industry. For example, clothing brands are readily associated with specific countries and cities, and the apparel value chain is globalized in ways that have generated a lot of attention from social scientists, for example regarding outsourcing. In this article, the geographical perspective on fashion is extended and analysed through a power angle. In other words, the origins of the current ‘oligarchic’ structure of fashion - around New York, London, Milan and Paris - are explored in order to (1) better understand how power is shared in fashion; and (2) determine whether this structure actually has a future. More specifically, can the current fashion oligarchy make room for a fully democratized industry or a polyarchical structure that would include additional players, in Brazil, Russia, India or China among others?
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Document Type: Research Article
Affiliations: INSEAD, France
Publication date: April 1, 2014
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