Niche market strategy in the textile and apparel industry
Journal of Fashion Marketing and Management
ISSN: 1361-2026
Article publication date: 1 October 2006
Abstract
Purpose
The purpose of this study is to examine how the textile and apparel industry can utilize a niche market strategy in order to compete with lower priced imports.
Design/methodology/approach
The research design used for this study was an in‐depth case study method. The sample consisted of selected companies from the fiber, textile, apparel, and auxiliary sectors who are considered leaders in the US textile and apparel industry.
Findings
Results indicated that firms can approach a niche strategy from either a market or a product perspective. Findings also indicated variables that are used by firms for both approaches. The most important factor in which a firm needs to focus is understanding the consumer.
Research limitations/implications
Because of the limited sample size of US textile and apparel firms, the results can only be generalized to those companies that participated in the study and not the entire textile and apparel industry.
Practical implications
This research study showed that a niche strategy is a promising global competitive strategy for the textile and apparel industry that can be used to compete with lower priced imports.
Originality/value
This study clarifies not only how a niche market/product is defined by the industry, but also how firms can implement and maintain a successful niche strategy.
Keywords
Citation
Parrish, E.D., Cassill, N.L. and Oxenham, W. (2006), "Niche market strategy in the textile and apparel industry", Journal of Fashion Marketing and Management, Vol. 10 No. 4, pp. 420-432. https://doi.org/10.1108/13612020610701956
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited