Advertisers
In This
Issue

Shirley of Hollywood Specials

Gozooko

Studio Time

Tia Lyn 
Lingerie

Interludes Lingerie

Shirley of Hollywood

Coconut Grove

Tony Shoes

International Lingerie Shows

McPete Sales

The Underfashion Club

Questfinder

Quick Commerce Credit Cards

Internetgazette

Styles Fashion

Articles Of Interest

Cotton Subsidy Deadlock
Page 1

EU & US Take On China at WTO Forum
Page 1

UK Retail Sales Up .8%
Page 1

The International Lingerie Fashion Show
Page 2

Intimate Graphics
Page 2

McPete Sez
Mailbag
Page 2

The International Lingerie Fashion Show Continued
Page 3

Taiwan & China Agree on Trade Deal
Page 3

OmniMount Concludes BRAvo Event
Page 3

Ask Kevin
Page 3

Ask Andy
Page 3

The International Lingerie Fashion Show Continued
Page 4

H&M Opens First Turkey Store
Page 4

Bikini Village Expects Better 2010
Page 4

The International Lingerie Fashion Show Continued
Page 5

MCPETE SEZ CLASSIFIEDS
Page 5

The Buzz
Page 5

Reps Corner
Page 5

Shows & Events
Page 5



We Accept all
Major Credit Cards for Advertising

Foreign Exchange Rates

International Size Charts

Put my Banner
on your Web-site,
Click here and Link it to
www.mcpetesez.com

  

  June 15, 2010                                                 Issue #267
     The McPete Sez Lingerie Newsletter & Women's Wear Journal           

22/24
                   
                              Intimate Apparel
Sleepwear-Daywear-Foundations-Loungewear-Hosiery-
           Lingerie-Swimwear-Dancewear-Clubwear 
                              Ready-to-Wear
                              
        
Cotton Subsidy Deadlock
A deadlock within the long-running political battle at the World Trade Organization over cotton subsidies is blocking progress for the whole WTO Doha Development Round, diplomats claim. 
At the latest Geneva talks on the issue, India, China and Argentina warned "substantial negotiations [over cotton] are deadlocked and there won't be any Doha agreement unless the cotton problem is solved...," 
The gloomy mood was backed by key African countries opposing cotton production subsidies: Benin, Burkina Faso, Chad and Mali. 
A diplomat for Burkina Faso said WTO member governments "are still far from achieving the [previously agreed] objectives... of treating the distortions in the cotton trade 'ambitiously, expeditiously and specifically'." 
He added: "The present rhythm of negotiations does not give ground for optimism."
Notably, the US government - which has resisted subsidy abolition - said it would not liberalize without compensatory offers on agricultural market access, domestic support and export assistance.

   Fashion Photo of 
       the Month 
   
Rebecca Marie is wearing Shibue Couture
If you would like more information about Fashion Photo or 
      would to be included in the McPete Sez Fashion Photo 
                  contact Jerome at jerome@studiotime.us 


18/24  

EU & US Take On China at
           WTO Forum
The European Union and the US ganged up on China in a World Trade Organization forum this week, claiming it was back-sliding on opening up its economy to international competition and ushering in restrictive measures.
John Clarke, head of the EU delegation to the WTO, said China had an excess dependence on export-led growth, boosted by the low value of its currency, various forms of state intervention, and focusing investment in export-oriented industries.
The EU official told a session examining China's trade regime that the government still continued to intervene "to guide resources to particular sectors, notably manufacturing."
Clarke also alluded that China was using trade finance to give its exporters an unfair advantage in global markets. 
Similarly, the deputy US Trade Representative, Michael Punke, said that since 2008 the US noted "evidence of a possible trend toward a more restrictive trade regime."
This included new restrictions on market access and foreign investment in China, he said.
However, China's deputy minister of commerce, Yi Xiaozhun, argued that his country has "remained firm towards trade liberalization and continued to boost domestic demand."
He said that China had also become the "primary target of trade protectionism" and noted last year 22 WTO members initiated 116 trade remedy investigation against Chinese products, or 43% of the world total.
A report by the WTO secretariat says that in 2009 China's average applied Most Favored Nation (MFN) tariff was 9.5% in 2009, slightly lower than 9.7% two year earlier.
But the report notes that China's average MFN tariff rate for textiles and apparel was 11.5% in 2009 - substantially higher than the average of 8.6% for industrial goods.
The WTO report also highlights that the fall in textiles and apparel during the downturn last year was substantially less than the overall 16% fall in total merchandise exports.
The agency says their decline by less than other products "partly reflects the phase-out of export restrictions under China's bilateral agreements with the EU, the US and South Africa, and adds that overall their share in total exports increased.


15/24 Watch Tia Lyn's NY Fashion Show with beautiful models of ALL SIZES!

UK Retail Sales Up .8%
UK retail sales in May were up by 0.8% on last year on a like-for-like basis, with clothing and footwear revenues boosted by the sunny weather.
The figures from the British Retail Consortium showed total sales up 3% on last year, while non-food, non-store sales – internet, mail order and phone sales – climbed 21.9%.
BRC director general Stephen Robertson described the figures as a “welcome boost”, adding: “The warmer weather, combined with discounts and promotions, encouraged spending on clothing, footwear, outdoor DIY and gardening.”
And he said he expected the imminent World Cup to provide a further boost to business, including sales of replica football kits.
“Consumer confidence has clearly improved since last year’s lows,” he said. “But there’s still plenty of uncertainty.”
Helen Dickinson, head of retail at KPMG, said of the figures: “While clothing and footwear overall had a good month, women’s clothing continued to under-perform in this sector as a whole.”

             
 A model wears iCollection  at the International Lingerie Fashion Show at the Rio Hotel, Las Vegas.
                       Photo by Jerome Hamilton
                
   
13/24        
                         Karen Hirsh
Karen Hirsh, sister of Neal Fersht of McPete Sales, passed away on Monday June 7, after battling breast cancer for over eight years.
She is survived by her husband, Gary; three children, Douglas, Nicole, and Matthew; her mother, Beryl Garellick and her brother, Neal.
Over the years Karen has written articles about her fight with breast cancer. Her most recent publication can be found at 
http://www.silkpursewomen.com/living-with-breast-cancer.html
In lieu of flowers, the family wishes for donations to be made to the Breast Cancer Research Foundation http://www.bcrfcure.org in Karen’s Honor.

Chinese Workers Strike
Workers at two factories operated by Japanese sewing machine maker Brother Industries Ltd in the Chinese city of Xian have resumed production after a one-week strike over pay and conditions.
While talks are still ongoing, according to local media, workers have agreed to return to the factories.
Elsewhere, though, a strike is said to be continuing at the Pingdingshan Cotton Textile Company where more than 5,000 workers walked out in a dispute over pension payments, holiday pay and higher wages.
More than 20 female workers are said to have been detained during clashes with police.



    Thailand's Textile & 
  Garment Exports Up
Thailand's textile and clothing exports rose by 17.2% during the first quarter, indicating that the country's recent political crisis has had little impact on the sector's production.
Figures from the Thailand Textile Institute show year-on-year exports increased to US$1.76bn, of which the textile sector accounts for 58% worth US$1.02bn. 
Textile shipments were 38.4% higher than the first quarter of last year, with strong growth in most products, including fabric (up 18.7% to $321.1m) and yarn and manmade filament (up 70.7% to $237.9m).
In contrast, the garment sector suffered a 3.3% slump, falling to $738.4m. 
The US continues to be the main export destination, accounting for 19.7% of total exports worth $347.9m. However, this was down 7.1% compared with the same period last year. 
The EU bloc stood in second place at $324.8m, up 10.9% on last year. 
On the import front, Thailand imported textile and garment imports worth $895.7m, a rise of 38.5%.

India's Exports Down 2.64%
Indian apparel exporters are renewing calls for a tax on cotton yarn shipments after new data showed the value of the country's garment exports fell by 2.6% in the year to March.
According to figures released June 3 by the Apparel Export Promotion Council (AEPC), garment exports dropped to US$10.6bn in fiscal 2009-10 (which runs from April to March), compared to $10.9bn a year earlier.
All months except July, August and November saw a slide in shipments.
In rupee terms, however, there was a negligible recovery of 0.37%. 
"Exporters are in deep trouble as the garment industry is reeling under unprecedented price hike of yarns and fabrics," said AEPC's chairman Premal Udani. 
"The past four months have witnessed a mind-boggling 50% to 80% increase in prices of basic raw materials. 
"Just when there were signs of initial recovery, the industry has been plunged into a gloom because of high raw material prices and their erratic supply."
Mr Udani wants the government to impose a 15% tax on exports of cotton yarn in an attempt to discourage exports and meet surging domestic demand for fabrics and yarns.
He also appealed for the removal of a 16% duty on imports of yarns. 
Over and above the raw material costs, he said, the industry has been impacted by high labor costs, non-refund of central and state levies besides infrastructure deficiencies. 
"Our share in world global market of clothing is going down," said Mr Udani. "Bangladesh has become a larger garment exporter than India. By next year, Vietnam will also overtake us."

          This Newsletter is Read by an  
       average 21,000 Readers per issue.
         over 7,600 Retailers subscribed.
          with over 24,000 Hits Per Day

                  

                        To Subscribe Click Here
               To Unsubscribe Click Here

                 

           Find this newsletter    
                 Interesting???

       

                            ( End of Page 1 of 5)