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Wen Wen Liu Fashion Management Dissertation

ABSTRACT (100 – 250 words following the below guidelines) Why is this study being carried out? What has been done and how? What has been found? What do these findings mean? Introduction [TO BE WRITTEN – follow the below guidelines Overview of what the dissertation is about Thesis Statement, e.g say something about the topic Purpose Statement e.g. “The aim of this dissertation is to show….” Argument Statement, e.g, what the main argument of the dissertation is Why the question has been answered the way it has Tips: Make a bold or provocative claim to be expanded upon and justified Striking quotation to interest the reader and give a feel of what the dissertation is about Presentation of a concrete example that will be explained and unpacked in the dissertation Relate the dissertation to other works in the field] Rationale This dissertation will investigate the revised WTO Quota System and its impact on the EU textile trade with particular reference to the import of Jeans from China. Setting out the foundations of the WTO the dissertation charts China’s accession to the WTO up to the point of dispensation of trade quotas between WTO countries on 1stJanuary 2005. From 1948, international trade between states had been strictly regulated firstly through a multilateral legal agreement and latterly through a quota system administered by the WTO. Regulation sought to level the playing field of international commerce by restricting the export strengths of more economically liberalized states in favour of lesser ones. However, regarding clothing, regulisation adversely impacted on these lesser economically liberalized states by imposing export quotas on them. It is such imbalances that the WTO sought to address by the gradual removal of quotas to the point of unfettered access. The EU’s perspective is that for textiles, this milestone was passed on 1stJanuary 2005. Due to the export of Jeans accounts for [INSERT FIGURE]% of China’s exports worldwide the EU being the [INSERT FIGUREINSERT FIGURE] largest recipient of these exports EU imports of such jeans from China amounting to [INSERT FIGURE]% of total EU imports of jeans

China being on the ascendant and less isolationist economically the EU has firstly arrived at its perspective regarding unfettered access but also views China’s penetration as threat makes this a significant matter for consideration by the apparel manufacture and retail sector. China’s potential effect on this economy can be quite informative of strategic management objectives and long-term strategy. Whilst, the initial research underlying this dissertation suggest a temporary curb to China’s invasiveness, with its sustained and almost daily march uniformly across several sectors in other economies, it is prudent to expect in the near future a Chinese resurgence in Europe within this field. With a large capital reserves, access to textile raw materials from home and abroad, larger work-force and cheaper manufacturing base China’s dominance of this global sector is a very real possibility. A fashion professional’s survival in such a ‘What If?’ scenario is largely dependant on their ability to envisage and plan for it. Plans for such forward laying possibilities, as well as for more immediate actualities, are some of the options that are introduced and developed in the dissertation. The potential challenges to researching and writing up this topic do include the wide scope of subject matter that it could cover. Limiting its remit and keeping its thrust pertinent to the overall study topic presents as an obvious, sensible, difficult but ultimately achievable aim. Sourcing primary sources of data for this topic is also likely to be problematic, although secondary sources do not present such an issue. 2.0 Aim and Objectives The aim of this dissertation is to set out what, if any, impact the liberalization of the WTO Quota System has had on the EU-China Jeans trade Where a significant impact is shown, it is hoped that the dissertation will: Succinctly state that impact and its actual, possible or probable effects Place its significance for short-, medium- and long-term strategic fashion management planning in context Indicate which groups within the fashion supply chain are most likely to gain or loose from this impact and demonstrate why Set out base and advanced contingency strategies that these groups might best be advised to adopt to counter this impact Where no significant impact is apparent in respect of any particular group or set of groups, such identification itself still has strategic management planning value. This value arises from the fact that once ruled out, any requirement to consider such eventualities by these groups is dispensed with due to their exclusion by the relevant study. 3.0 Proposed Research Methodology

In carrying out research on this topic, my preference is to rely on primary data obtained by telephone, email or letter from relevant bodies. Additional data will come from industry, trade and specialist publications, journals and web resources. Dual research of this kind will enable me to acquire new research skills such as questionnaire design, response tabulation and telephone research/interviewing, improve existing skills such as those relevant to internet and library based research and gain greater insight into foreign trade relations and the macroeconomic issues relevant to the global fashion trade. Understanding this would hold any aspirant international fashion buyer or entrepreneur in good stead. (Word Count: 750) 1