World fashion.

1
World fashion.

• Mr J Hartley
• Middleton Technology school.

2
What is global fashion Industry?

• Is it a lacoste shirt with a picture of the world
  sewn on it?
• Is it a fashion trend that makes everyone around
  the world where the same clothing?
• Is it aggressive marketing that encourages young
  people to buy expensive brands?
• Is it modern technology allowing people all over
  the world to see what everyone else is wearing?
• Is it a pair of trainers made to walk around the
  world?

3
Congratulations you have just discovered what
Globalisation is.

• The ways in which goods and information are moved
  between countries are becoming easier.
  Information technology is driving these
  improvements by enabling companies to move money
  and ideas instantly at the click of a mouse.
  Consequently, people are becoming more
  interconnected and interdependent, a trend known
  as 'globalisation'.
• Today, there is 12 times more world trade in
  goods and money than there was in 1945.

4
The World Trade organisation.

• The World Trade Organisation breaking down trade
  barriersInternational trade has been going on
  for centuries, but the removal of trade barriers
  that countries use to protect their businesses,
  such as tariffs and quotas on imports, is likely
  to quicken the pace of globalisation. Countries
  will be encouraged to produce the goods and
  services that they can make more cheaply than
  their competitors in other words, 'do what you
  do best and trade for the rest'. To ensure fair
  play in this more open trade system, the World
  Trade Organisation (WTO) was set up in 1995.