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Articles Of Interest
Kirk named US Trade Representative
Page 1
China's Export Tax Rebates Increase
Page 1
EJF Campaigns Against
Child Labor
Page 1
180 Sexy Halloween Show
Page 2
Retail Renovations
Page 2
McPete Sez
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180 Sexy Halloween Show continued
Page 3
Business & Technology
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Ask Kevin
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Ask Andy
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180 Sexy Halloween Show Continued
Page 4
UK Retail Price Index Hits Zero
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Orange County Hash House Harriers' 23rd Annual Run
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April 1, 2009
Issue #238
The McPete Sez Lingerie Newsletter
& Women's Wear Journal
17/24 The
McPete Sez Lingerie Newsletter & Women's Wear Journal
Intimate Apparel
Sleepwear-Daywear-Foundations-Loungewear-Hosiery-
Lingerie-Swimwear-Dancewear-Clubwear
Ready-to-Wear
Kirk Named US Trade
Representative
Former Dallas Mayor Ron Kirk has been confirmed as the next US trade
representative.
In this role, Kirk is member of President Obama's cabinet and serves as the President's principal trade advisor, negotiator and spokesperson on
trade issues.
He is the first African American to hold the post.
The office of USTR is responsible for developing and overseeing US trade policy, including strategy, negotiation, implementation and enforcement of multilateral, regional/bilateral and sector-specific trade agreements.
These include the ongoing Doha Development Agenda multilateral trade negotiations, as well as 17 Free Trade Agreements to which the
United States is currently a party.
Ambassador Kirk is also responsible for US trade policy involving agriculture; industry; services and investment; intellectual
property; environment; labor; development and preference programs.
His appointment has been welcomed by the American Apparel & Footwear Association.
"Probably one of the most impacting positions in our government, the USTR is responsible for negotiating and enforcing a trade policy that
creates economic opportunities for US businesses and manufacturers," said AAFA president and CEO Kevin M Burke.
"I believe Ambassador Kirk is well suited to serve as a pro-growth, pro-trade voice in President Obama's administration."
Burke warned that one of the first challenges facing the USTR "is to combat any domestic and international shifts toward isolationism
that may close off markets."
He added: "If we want to see our economy rebound, we must have open markets and greater access for our products around the world."
13/24
China's Export Tax Rebates
Increase
China will raise the export rebate on textiles and garments by another
percentage point to help the industry cope with falling demand and weaker prices.
The country has already increased tax rebates for the industry three times since last August. The new increase to 16% will be effective as
of April 1.
It applies to fabrics and garments made from silk, wool, cotton, and man-made
fibers, including both knitted and non-knitted clothing.
Rebates for leather products such as coats, belts and gloves will increase to 13%. There is no subsidy on shoe exports.
Exports account for about a fifth of China's GDP and are important for employment, said Liu Jing, finance professor at Cheung Kong business
school in Beijing.
But so far increasing subsidies "hasn't helped much", he said. "Exports are dropping pretty significantly."
China's textile and garment exports dropped 32.9% in February compared with the previous month, according to China customs. Weaker demand is
also pushing down prices and profits.
In China's southern manufacturing zones, more than 2,000 garment factories have closed or delayed operations, estimates Willy Lin,
chairman of the Hong Kong Knitwear Exporters & Manufacturers Association.
Some larger factories are getting more business as retailers start to restock inventory in a market with reduced supply.
"More orders are going to the bigger factories," said Delina Deng, export manager at Monartex. "The smaller ones have all closed."
10/24 Watch
Tia Lyn's NY Fashion Show with beautiful models of ALL SIZES!
The International Lingerie Show
& Adult Halloween Show
It's almost that time again.. The International Lingerie Show and Adult Halloween Show are being held at the Rio Hotel, in Las Vegas from Monday April 20 thru Wednesday April 22. Products
categories include: Designer Lingerie, Footwear, Romance Accessories and Everything Halloween.
ILS is offering buyers who pre-register a discount on their room, and so far over 700 stores have found this offer irresistible. The convenience of staying, shopping and partying at the Rio Hotel is just too good to pass up. Be sure to check out the spa, and pack your swimsuit to lounge by the pool. Everyone enjoys the steamy fashion show and cocktail party on Monday. The show even starts a little later on Tuesday just so you can sleep in and relax. Both breakfast and lunch are provided by the show, this world class trade event doubles as an all inclusive vacation for buyers that rarely get to leave their shops.
New for this show, the ILS is excited to announce their Recession Fighting Show Special Book. This book will be packed with exhibitors' show specials only available during the show. Some items will be marked down more than 50% off at the booths. Make sure to pick up a copy of the Recession Fighting Show Special Book with your Show book at the registration desk. You won't want to miss out on these great specials!
To see past fashion shows, go to www.lingeriereveal.com
For more information go to www.spectrade.com
or email info@spectrade.com
India Imposes Anti-Dumping
Duty
India has imposed anti-dumping duty on yarns and fabrics imported from China, Thailand and Vietnam according to local news reports at the
weekend.
The duty, of between US$112 and US$527 per ton, will remain in force until September 25, according to a notice from the Central Board of
Excise and Customs.
The move has been taken to protect its domestic industry from "material injury" caused by the dumping of imports at low prices.
Reports say an anti-dumping duty of up to US$4 per meter has also been imposed on flax fabric imported from mainland China and Hong Kong.
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2/3
EC Approves Textile Aid
Package
The European Commission has retrospectively approved a support
package worth EUR800m (US$1.08bn) for the Spanish textile and clothing sector. The public funds, which were
authorized under the EC Treaty's rules on
state aid, were spent between June 2006 and December 31, 2008 on promoting technical research, innovation, exports of Spanish products, training and measures to keep older workers in their jobs.
The Commission sanctioned the funding on March 24, after a 16-month investigation into state aid rules.
EU Competition Commissioner Neelie Kroes said in a statement: "After an in-depth investigation, the Commission is satisfied that the Spanish textile program does not unduly distort competition in the single market."
The Commission opened an investigation into the funding on November 13, 2007, after it was notified by Spanish authorities, but concluded it did not break any rules on state aid.
EJF Campaigns Against
Child Labor
The Environmental Justice Foundation (EJF) has launched a collection
of T-shirts designed by Giles Deacon, Allegra Hicks, Zandra Rhodes and John Rocha to raise awareness of the use of forced child
labor in cotton production.
The charity's campaign is also being supported by celebrities including Ashley Jensen, Lily Cole, Joss Stone and Sophie
Ellis-Bextor.
The men's and women's T-shirts are produced on organic and fairly traded cotton and printed with organic certified inks.
EJF wants to draw particular attention to conditions in the Central Asian Republic of Uzbekistan, the world's third largest exporter of
cotton.
Here, roughly a third of the population are forced to work in conditions near slavery for the state-run cotton industry.
Schools across the country are shut down for the cotton harvest as children from the age of 7 are sent to work for weeks in the fields,
paid little or nothing.
EJF program director, Juliette Williams says: "Choosing organic and fairly traded cotton actively supports communities in some of the
world's poorest nations, where fair and equitable trade to the west can literally mean the difference between life and death.
"With public support, companies have been inspired to look at the way the cotton they buy and sell is produced, and high street names are
saying "no" to cotton from Uzbekistan until child labor and environmental abuses are eradicated."
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