US fashion industry poised for sourcing consolidation and AI integration, study finds

The US fashion industry is facing another year of uncertainty. From the IEEPA tariffs that were ruled unconstitutional by the Supreme Court to the expiring Section 122 tariffs that took their place to the new 301 and 232 tariffs – tariffs remain a top concern for US fashion businesses from brands and retailers to importers. The United States Fashion Industry Association (USFIA) surveys about 30 of them and publishes its findings in the annual USFIA Fashion Industry Benchmarking Study, which provides an essential roadmap of where apparel supply chains and corporate leadership are heading.