Political Stage 4 Paper

Political Stage 4 will originate and have its headquarters in Saskatoon, SK Canada, where the clothing industry is relatively stable. Canada’s governance is democratic in the sense that various bodies are given freedom of speech and association. The Saskatchewan Employment Act applies to most Saskatchewan employees and employers in the retail industry. This includes full-time, part-time, temporary, seasonal, and casual employees. In Canada, it is required to collect sales tax from your customers on the items they purchase. In Saskatchewan, you need to collect 5% GST as well as Saskatchewan’s provincial sales tax (PST) of 5% on retail price only. Environmental regulations- Trade and tariff restrictions-

Economic

There is a wide range of economic factors which affect companies in the apparel industry currently, and are also likely to have an impact in the future.

There is an increased demand for a more convenient shopping experience. This is partly due to people becoming more career-seeking and having less time that can be devoted towards shopping (Gockeln, 2014). Customers are also becoming more concerned about their health (Gockeln, 2014). This may lead to an enlarged customer interest in the materials used, their origin, and their processing methods. In fact, more and more customers are showing support for the sustainable and ethical activities of companies (Gockeln, 2014). Another impact on the industry is the increasing demographic age. It has been recorded that the average age of the world’s population is increasing (Gockeln, 2014). This change may result in a threat for exclusively teenage-oriented apparel because the competition for their shrinking section will become more intense. However, this may also be an opportunity for new or more flexible fashion retailers, who may put to use various methods to differentiate their brand in the future by focusing on more mature