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Articles Of Interest
China's 2005 Trade Surplus to Almost Triple
Page
1
Silver Fragments Sown In Underwear
Page
1
Spain Textile Industry Struggling
Page
1
India's Following China As Sourcing Destination
Page
1
Lingerie Classique Show
Page
2
Buyers' Best Sellers
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Ask Andy
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McPete Sez
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Lingerie Classique Continued
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Federated to Close More Stores
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Ask Kevin
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Lingerie Classique Continued
Page
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$12.5 Million Bra
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$20Thousand
In Stolen Lingerie & Shoes
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Lingerie Classique Fashion Show
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November 1, 2005
Issue #156
7/24
McPete
-Sez,
The
Lingerie Newsletter
&
Women's Wear Journal
Sleepwear-Daywear-Foundations-Loungewear-Hosiery-
Swimwear-Dancewear-Clubwear-Funwear
Ready to-wear.
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Heather Briggs
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Editor's Note:
Well I had a great time at the Classique and International Lingerie Shows
in Las Vegas, but I noticed there was some confusion about who and what we are all about. So let me give you a little history on McPete Sez. It
actually all started with a completely different company - McPete Sales.
Peter McKeown started McPete Sales over 30 years ago. His company became a pretty well known company in the industry. They were sales reps who worked with many great companies over the years, such as Sentique, Shirley of Hollywood, Tu-Shy, Sinclair Institute..and many more.
When Pete retired from sales, he sold his company to Neal Fersht, who now owns and operates McPete Sales and who still represents many of these lines along with more.
For all of those who know Pete, you know that he could never sit still and relax for very long, so he started McPete Sez in April of 1999 - an online lingerie newsletter. In doing so, he was able to keep in touch with the lingerie industry that he loved so much, but at the same time, he was able to give up the long work days and equally long commute.
In January 2005, he turned McPete Sez over to his daughter, Heather Briggs.
Throughout the years, there have been people in the industry that have submitted articles to McPete Sez which we have posted. Even though they are not employees, and never actually worked on the newsletter, my father was always so appreciative of people's contributions to the individual issues thru the years.
McPete Sez has only had Peter McKeown and Heather Briggs as employees along with some freelance photographers that you might have met at the shows - Renee Kraft, and Gail Randle - just to name a few.
If you have any questions about this article, or have something to say to
our readers and would like to see your work posted in McPete Sez, please send an email to
info@mcpetesez.com.
20/24
China's 2005 Trade Surplus
to Almost Triple
China’s trade surplus is on line to almost triple in 2005, but export growth
is likely to slow next year.
The surplus may increase to a record $90 billion this year, with a 26% export growth. However, officials believe protectionist measures by the likes of the US and the EU may quell growth next year.
China’s trade surplus totaled $68.33bn for the first nine months of 2005, compared to $32bn for the whole of 2004.
China’s exports and imports are predicted to total $1.6 trillion next year – a 15% rise from this year, said the Chinese Academy of International Trade and Economic Cooperation. They also stated that the exports are predicted to total $745bn this year.
The US and Europe have both introduced restrictive measure against China’s textile exports, which have increased considerably since world trade quotas ended in January.
Garment deals at China's largest trade fair - The China Export Commodities Fair, trailed off 10% compared to the spring fair, with sales to the US slumping 44%.
Deals decreased almost 14% from the 2004 autumn fair, a report on the Ministry of Commerce website said.
Deals with the US were down 44% from spring, while European deals dropped 6.9%.
Sales of both garments and textiles decreased 3.35%.
4/24
Silver Fragments Woven
Into Underwear
Tiny fragments of silver woven in cloth used for underwear could end smelly undergarments, says British underwear manufacturer, North Face.
The company claims that the silver fragments help stop bacteria from multiplying in briefs specially designed for those trekking on expeditions in the mountains or jungles.
The way the material is woven with the silver helps resist malodorous microbes and mildew.
"The fact that they resist odor build-up is sure to appeal to blokes everywhere who may be slightly challenged in the washing machine department," said Keith Byrne, marketing manager for North Face.
A model is wearing a garment
by J. Valentine
during the International Lingerie Fashion Show in Las Vegas.
Look for more photos from the International Lingerie show
in the
November 15th issue of McPete Sez.
Avondale Mills Axes
350 Workers
Textile group Avondale Mills to axe 350 workers from its operations in Graniteville, Aiken County, from the aftermath of damage from a January train derailment.
Parts of Avondale’s mills were badly affected by the train derailment and resultant chlorine leak in January that killed nine people.
The company stated that it needs to close a weaving division at one plant and a yarn unit at another in order to clean and repair equipment damaged by the incident.
Long-serving workers affected by the lay-offs will be given the opportunity to apply for jobs in other company plants.
The company aims to take back the workers when restoration is complete.
5/12
Spain's Textile Industry
Struggling
Spain’s textile industry, struggling under an Asian import blitz,
could lose up to 115,000 jobs or over 50% of its workforce by 2010 if measures are not taken to boost its competitiveness.
The industry has already lost 20,000 jobs over the past year, leaving its labor
force, including direct and non-auxiliary workers, at 215,000, a spokeswoman for the country's largest trade
lobby, Consejo Intertextil Espanol (ICE).
In the first half of the year, production fell 11% “due to the Asian products
invasion,” CIE president Adria Serra said. Exports rose a mere 2%.
Serra said textile imports from China had risen 45% so far this year followed by arrivals from India, Turkey and Belgium, which increased
36%, 16.8% and 8.1%, respectively.
China now accounts for nearly 16% of imports compared to 12% last year while Asia as a whole comprise 34% of imports versus 32% in
2004.
Product from Europe accounts for nearly 47%.
Despite the European Union’s (EU) recent relaxation of textile import quotas, imports from Eastern Europe have so far had a
negligible impact, the spokeswoman added.
Apart from the import threat, the industry was also suffering from sagging
sales in Europe and at home, Serra said.
The cheaper imports were blamed by local officials for the closure of 800 companies and the loss of 35,000 jobs between 2002 and 2004.
To fix the industry’s woes, Serra called on the government to make good on its promise to launch a plan to aid the sector.
The plan, which calls for the state to offer financial assistance to help the
sector boost its competitiveness, is so far moving slowly, she said.
Government offers of financial assistance for research and development (R&D) and international promotion have “not really
gotten off the ground,” the spokeswoman added.
The CIE also wants support for its efforts to move production to cheaper manufacturing spots such as Morocco and the Mediterranean
basin to save costs and keep Spanish companies in business.
7/24
India's Following China
As Sourcing Destination
India now follows on from China as the second-most-preferred textiles sourcing destination after global quotas governing trade expired in January 2005.
India is now a “one-stop shop” for companies that want a reliable sourcing
destination and has the potential to take over from China as industry leader.
India already has the advantage in terms of raw material availability and spinning, weaving and garmenting capacity.
The country must now focus on enhancing its economic and infrastructure capabilities and also needs to work on improving its
labor laws.
South Asia currently holds a 14% and 9% share in the US and European textile markets respectively.
Although China has been increasing its domination over the textiles market
since quotas ended, its fraught trade relations with the US and Europe mean buyers are not convinced about its reliability as a one-stop sourcing
choice.
Allure
Leather  
13/24
Wal-Mart To Put Pressure
On Suppliers About Factory
Standards
Retail giant Wal-Mart Stores Inc will increase pressure on suppliers
to be more accountable for factory standards.
Wal-Mart made the decision in response to increased US public expectations, chief executive H Lee Scott Junior
said at a business conference.
Wal-Mart has been slammed repeatedly for deploying allegedly low standards at its factories in order to keep its prices low.
However, the company said it would now pay more attention to suppliers and cooperate with them to ensure adequate social and
environmental standards at factories.
But workers’ rights campaigner, Paul Blank of Wake-Up Wal-Mart, said: "Unfortunately, Wal-Mart's exploitation of workers is not
limited to its use of sweatshop labor overseas.
"Our campaign is building a sea of public pressure to force Wal-Mart to end its race-to-the bottom business model", Blank said, and added
that the problem of sweatshop factories was only the first in a long list of issues needing to be addressed.
Scott also said Wal-Mart will begin selling apparel created from organic cotton next year as a push to be more environmentally
friendly.
1/24
Sinha Textiles Factory
Workers Riot
At least fifty people were injured during a workers’ riot in the
Sinha Textiles factory near Dhaka, the capital of Bangladesh on October 19.
Hundreds of fired-up workers smashed up machinery in the factory in an attack reportedly triggered by the detention of two workers for
not bearing identity cards.
Police were forced to use batons and tear gas to break up the clash in the Narayanganj district of Bangladesh.
The riot spread to a nearby highway, causing severe traffic jams and
damage to a number of vehicles.
At least five people suffered bullet wounds.
( End
of Page 1 of 5)
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