Fashion Goes Global

Paper Summary:

The paper shows that with the advent of globalization, the nations of Western Europe, as well as Australia, have been affected by this new trend. With globalization, many industries, once specifically associated with certain geographic locales have now seen their workforces move overseas. The lure of cheap labor, cheap raw materials, low overhead and few regulations has encouraged textile manufacturers, fashion designers and other manufacturers to fill their orders in places like Bangladesh, Sri Lanka, Indonesia, and Costa Rica. The paper shows that Calvin Klein, like other producers of designer jeans, must compete in the global marketplace in order to survive. And like other nations, Australia must also survive in today's economic world. Calvin Klein can compete on the world stage and so can the Australian companies that generate the revenue that makes it possible for Australians to buy such things as designer jeans. The paper questions, however, whether the Australian worker can compete on that same world stage. The paper also questions whether globalization will eventually reduce all workers to the level of those of the Third World, or will Australian and Western industry in general, simply move into the avenues opened up by technology.

From the Paper:

"Australia serves as a magnet for many upwardly-mobile Asians who flock to Australia for a modern Western education. She has also attracted large numbers of Hong Kong Chinese as a result of fears surrounding Hong Kong's incorporation into the People's Republic of China. In fact, many Hong Kong businessmen send their families to live in Australia while they jet around the world to attend to their corporate interests. Such human connections also serve as the building blocks of a strong business partnership. In the apparel industry in particular, as Australia relaxes its import restrictions, more and more clothing comes from various Asian nations. Though the inexpensiveness of the finished product is not an automatic guarantee of its acceptance by the consumer, a recent study showed that Australians are surprisingly indifferent to the country of origin of their clothing."

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