Roughly ********** of fashion executives ranked production and sourcing costs as the the biggest or second biggest challenge facing the industry in 2022. This was tied with shipping delays and supply chain dirsuptions as the challenge most commonly ranked in the top two issues.
Information on the businesses of the survey participants:
80 percent had more than 1,000 employees
10 percent had 101-999 employees
9 percent had less than 100 employees
70 percent were retailers
67 percent were importers and wholesalers
40 percent were Self-identified brands
100 percent had headquarters or management offices in the U.S.
75 percent had companies with headquarters or management offices outside the U.S.
Over 50% sold products abroad, as well as in the U.S.
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USFIA. (July 18, 2022). Most significant business challenges for the fashion industry in the United States according to fashion executives in 2022 [Graph]. In Statista. Retrieved June 29, 2025, from https://www.statista.com/statistics/1326406/fashion-industry-main-challenges/
USFIA. "Most significant business challenges for the fashion industry in the United States according to fashion executives in 2022." Chart. July 18, 2022. Statista. Accessed June 29, 2025. https://www.statista.com/statistics/1326406/fashion-industry-main-challenges/
USFIA. (2022). Most significant business challenges for the fashion industry in the United States according to fashion executives in 2022. Statista. Statista Inc.. Accessed: June 29, 2025. https://www.statista.com/statistics/1326406/fashion-industry-main-challenges/
USFIA. "Most Significant Business Challenges for The Fashion Industry in The United States According to Fashion Executives in 2022." Statista, Statista Inc., 18 Jul 2022, https://www.statista.com/statistics/1326406/fashion-industry-main-challenges/
USFIA, Most significant business challenges for the fashion industry in the United States according to fashion executives in 2022 Statista, https://www.statista.com/statistics/1326406/fashion-industry-main-challenges/ (last visited June 29, 2025)
Most significant business challenges for the fashion industry in the United States according to fashion executives in 2022 [Graph], USFIA, July 18, 2022. [Online]. Available: https://www.statista.com/statistics/1326406/fashion-industry-main-challenges/