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Because the company is worth a lot of money.
Because the investors are interested in investing in fashion industry.
Because the investors are required to do so to protect the environment.
Because investors believe this new form of consumerism will become popular.
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The marketing strategy of world famous fashion brands.
The reason and the cost on environment to get rid of the excess stock of fashion brands.
The increasing costs of producing fashion brands throughout the world.
The difficulty in selling full-price fashion brands.
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Fashion.
Transport.
Restaurants.
Hotels.
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The rise in China’s luxury industry and its reasons.
The development of China’s luxury industry and its outlook.
The role that digital media play in luxury goods consumption.
The shopping habits of young Chinese millennials.
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It reached its peak in 1960.
It has lost 95% of its workforce since 1950.
It is the major industry in New York City now.
It generates $11 billion in city tax revenue every year.
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They raise the selling prices of their products in China.
They increase their investments and set up stores throughout China.
They design special products for Chinese millennial generation.
They go back to China’s market again for the first time in five years.
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To warn people in New York that the city is losing the position as the fashion capital in the world.
To increase employment in the fashion industry.
To attract people around the world to buy fashion products made in NY.
To raise awareness of the social, environmental and economic benefits of producing fashion goods in NY.
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The achievements the Made in NY campaign has accomplished.
NYCEDC’s latest movement to make New York the fashion capital of the world.
The launch of the Made in NY campaign and the reasons behind it.
The benefits of producing garments locally.
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Because their parents are rich.
Because they believe luxury goods enhance social status.
Because they have grown up in more affluent environments and are willing to spend more on what they want.
Because they can always find good deals online.
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To sell its stock in full price.
To recycle the stock in the future.
To prevent the items from being resold at lower prices.
To prepare for the selling of new products.
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More resources are required to get rid of the goods besides the cost of producing them.
Extra fees are charged to get rid of the items besides the cost of producing them.
Much more time is needed to destroy the goods than to produce them.
More energy is required to get rid of the items than to produce them.
