In early 2003, we published "Apparel Sourcing In The 21st Century: The 10 Lessons So Far." We believe the forecasts we made in that review were pretty accurate. But the world has moved on since then, and there are some new lessons to be learned. The central lesson, we argued in 2003, was that quotas were going to disappear at the end of 2004, however many observers convinced themselves otherwise. A year later, that prediction stands. This report reviews the changes since we published last years report, and provides details on how the changes will affect your company.