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Articles Of Interest

Omnibus Trade Act of 2010
Page 1

India Extends Raw Cotton Export Deadline
Page 1

Obama Signs New Tax Legislation
Page 1

The International Lingerie 
Fashion Show
Page 2

Intimate Graphics
Page 2

Business and Technology
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McPete Sez
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The International Lingerie 
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Page 3

The Addict Expose
Page 3

Ask the Gozooko Guys
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Ask Andy
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Lipgloss & Lace
Page 4

The International Lingerie Fashion Show Continued
Page 4

Pink Bunny Pleasures
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The International Lingerie Fashion Show Continued
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January 1, 2011                                            Issue #280
     The McPete Sez Lingerie Newsletter & Women's Wear Journal           

                              Intimate Apparel


Omnibus Trade Act of 2010
US apparel and footwear importers are calling on lawmakers to pass a trade bill that would renew several trade preference programs before they expire at the end December.
The Omnibus Trade Act of 2010 has already made it past the US House of Representatives, and is now headed to the Senate.
The bill would restore certainty to the many industries, including the US apparel and footwear industry, "that count on trade preference programs and tariff suspensions to support jobs in the US," says Kevin Burke, president and CEO of the American Apparel & Footwear Association (AAFA). 
The Omnibus Trade Act of 2010 packages together a number of trade provisions. These include:
An 18 month extension of the Andean Trade Preferences Act (ATPA), which would otherwise expire on December 31, 2010.
An 18 month extension of the Generalized System of Preferences (GSP), which would otherwise expire on December 31, 2010.
An 18 months extension of the key Trade Adjustment Assistance (TAA) provisions, which would otherwise expire on December 31, 2010.
Technical fixes to support the wool trust fund, which supports domestic production of tailored clothing and wool textiles.
A package of pending and vetted miscellaneous tariff bill (MTB) provisions.

India Extends Raw Cotton
       Export Deadline
The Indian government has extended the deadline for exporters to ship raw cotton from the country until the permitted limit of 5.5m bales has been met.
Registrations for the pre-set cotton export quotas were halted in October, after limits imposed for the 2010/11 season were reached just ten days after bookings began.
But while shipments were given a 45-day window which ended on December 15, the Directorate General of Foreign Trade (DGFT) has admitted that "actual exports under such registered contracts are much less than the quantity approved."
It now says: "The decision to permit export of 55 bales only in the current cotton season stands," but has not given a new date by which 
shipments need to be completed.
In another change, the DGFT says it will take on responsibility for registering, inspecting and certifying all future raw cotton exports from India. 
Further details of the exact procedures will be announced once export quantities are determined.
India, the world's second-biggest producer and exporter of cotton, introduced a ban on raw cotton exports back in April, in an attempt to halt soaring price hikes and exports. Shipments resumed on November 1, but the cap of 5.5m bales was imposed.

   Fashion Photo
               Anastasia is wearing 
  Delicious Sexywear of New York
If you would like more information about Fashion Photo or 
     would to be included in the McPete Sez Fashion Photo 
             contact Jerome at  

Tia Lyn
4/24 Watch Tia Lyn's NY Fashion Show with beautiful models of ALL SIZES!
Obama Signs New Tax
US president Barack Obama signed new tax legislation on Friday, December 17, that extends unemployment benefits to millions and continues tax cuts put into place during the Bush Administration for another two years.
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, has been welcomed by apparel retailers and importers.
"This legislation...extends valuable research and development tax credits, renews business and hiring incentives, and eases individual income and payroll taxes," explains Kevin Burke, president and CEO of the American Apparel & Footwear Association (AAFA).
He adds the tax cuts are "vital to the health and strength of the US apparel and footwear industry and the entire US economy."
Better Work Program
     Launched in Africa
Buyers from Gap Inc, Levi Strauss and Wal-Mart attended the launch earlier this month of the Better Work program in Lesotho – the first time the scheme, which aims to improve working conditions in the garment sector, has been rolled out in Africa.
The initiative, which was first developed in Cambodia ten years ago, will help Lesotho’s garment factories improve compliance with national labor law and the International Labor Organization’s (ILO) core international labor standards.
It will also promote the industry – where garment factories employ around 40,000 workers, mainly women, and account for about 80% of Lesotho’s manufacturing jobs – to international buyers and investors.
“Gap Inc has collaborated with Better Works since its inception in Cambodia, and has supported its expansion into Jordan, Haiti, Vietnam, and now Lesotho,” said Cathy Dix, manager, global responsibility for Gap Inc.
“We believe partnerships are key to improving global working conditions, and look forward to working with Better Work and other brands in Lesotho.”
The Better Work program is a partnership between the International Labor Organization (ILO) and the International Finance Corporation (IFC).

6/24    CLICK HERE to watch Risque's Video on YouTube

Thailand to Raise Minimum
Thailand’s Central Wage Committee has agreed to raise the country's daily minimum wage by THB8-17 (US$0.27 to US$0.57) from January 1.
The increase lifts the average minimum wage by nearly 7% to THB176.3 – but still falls below the THB228 living wage calculated by the Labor Ministry. Even the Prime Minister Abhisit Vejjajiva had suggested that the minimum wage should be increased to a flat rate of THB250.
Wages vary around the country, but will rise to THB221 (up THB17) in Phuket, and increase to THB215 (up THB9) in Bangkok and nearby provinces.

        Counterfeits Seized
Police in South Africa have seized ZAR1.2m (US$0.2m) worth of counterfeit goods including clothing, according to reports.
Cape Town metro police raided the Kuils River flea market last week, according to local news agency.
Local reports reported that they found 3,700 fake items, with internationally branded clothing confiscated from stalls.

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