Laws Affecting the Fashion Industry
The fashion industry is at the front of the global economy with a gross yearly turnover of $750 billion. Different from many other goods, the reason people demand fashion is not because of increased value or attributes of the new products, but rather for its sake.
Individuals, primarily females of all ages, go through magazines that show the latest fashions worn by celebrities before going to fashion shows and online to locate similar items. The demand for the style that is being worn by the wealthy and famous has grown into a business network with a global influence.
Nevertheless, this worldwide market has attracted many legal concerns the most important of which is copying celebrity fashion. This paper will first study the present state of the law in Australia and other regions. Then, it will look for ways through the law can be altered to protect better the industry. Finally, the paper will assess the justification why the change is required for the growth of the industry (Crosson 67).
