Quick Commerce Credit Cards
Articles Of Interest
Peter Cull McKeown
U.S. & China Resume Negotiations
Four New Safeguard Petitions
Peru's Textile Imports Jump 500%
Columbia to Restrict
Central America Worse "Threat"
Nursing Mothers Protest Victoria's Secret
Neo Fashion Closes a
Axe Hundreds of Jobs
China's Export Limits Reached
M&S Plans to Launch Breast Cancer Lingerie
Plus-Size Fashion Show
Sara Lee to
Cut 775 Jobs
Responds to Discrimination Charge
June Retailers' Review
Major Credit Cards for Advertising
Foreign Exchange Rates
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July 15, 2005
Women's Wear Journal
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Peter Cull McKeown
Peter Cull McKeown passed away on July 12, 2005 at his home in the Highlands. He had been battling Lung Cancer since July, 2004.
Many people knew him as Mr. McPete...A successful Sales Representative in the Lingerie trade.
There are some things many people didn't know about Peter. He was born in Harlem on December 13, 1936, and brought up in Queens, New York, along with his younger brother, David, and sister, Alicia. He attended The School of Industrial Arts in NYC and he spent four years in the U.S. Naval Air Force as an Arial Photographer.
In 1958, Pete started a company that made packaging bows, selling the first ornamental ribbon bows to Charmcraft Greetings greeting cards. After being approached by 3-M, Pete helped develop the first automatic bow making machines, to facilitate the process of making bows on the greeting cards you buy today. Pete then worked for Fashion Ribbon Co., supplying trim to the garment industry and developing and selling ribbon trim to the cosmetic industry, including Revlon and Estee Lauder. Later, he became a sewing contractor of foundations and undergarments under article #807 in Haiti, and operating a cutting plant in lower Manhattan. Eight years later, Pete's entrepreneurial spirit led him to search for a more challenging venture; he opened a New York Showroom on Madison Avenue, and became a Sales Representative in the Lingerie trade. The showroom is now owned and operated by Neal Fersht. After retiring from sales, he started McPete Sez, an online lingerie newsletter, which is now owned by his daughter,
Pete lived in a Victorian schoolhouse, built in 1867, high above the Atlantic Ocean, which he and his wife, Mary, proudly restored, and showed on the Highlands Historical Tour.
Pete retired in July of 2000, after 30 years of dedication to the Lingerie industry. During his retirement, Pete and Mary enjoyed many days reading and soaking in the sun on the Jersey shore, or making use of their green thumbs in their garden. Only, of course, when they weren't traveling on a Mediterranean Cruise to Turkey and Greece, or touring China, Eastern Europe, Venice, or their favorite place, Mexico. Pete's love for travel, flowers and art is illustrated throughout the house, from the pictures he painted hanging on the walls to the stencil on the floors and stairs, to the tin ceiling in the kitchen, and finally the flowering colors among their gardens.
Pete is survived by his wife Mary, three children, Monica Fersht, Gregg McKeown and Heather Briggs; and two grandchildren, Aaron and Brittany
In lieu of flowers, please send a donation to The American Cancer Society, Attn: Patricia Tupycia, 1035 Hooper Avenue, Toms River, NJ 08753 or call 732-818-3517 Ext. 13.
We would like to thank all our friends for their many acts of kindness and support during this difficult time. Your thoughtfulness meant so much to all of us.
U.S. And China Resume
Leading trade officials from China and the U.S. have begun negotiations
today as part of the ongoing dispute over soaring textile exports.
The talks, headed by US Commerce Secretary Carlos Gutierrez and Chinese Vice Premier Wu Yi, center on
China’s surging exports of textiles and clothing since global quotas ended at the start of 2005.
The latest set of negotiations is taking place under the US-China Joint Commission on Commerce and Trade.
The two sides began technical level talks on the issue last week, but have
so far failed to come to any satisfactory conclusions.
China opposes attempts by the US to limit its exports, saying that restrictions imposed so far are unfair and
US Files Four New
US textile, apparel and fiber producing trade associations yesterday filed
four new safeguard petitions covering eight categories to limit the growth
of US textile and apparel imports from China.
The industry also said that it had re-filed a petition on curtains on June 22,
that the US government rejected for technical reasons on June 21.
The categories covered by this latest filing are: cotton/man-made fiber non-knit shirts, cotton/man-made
fiber skirts, cotton/man-made fiber pajamas/nightwear, cotton/man-made fiber
swimwear, cotton/man-made fiber curtains. Swimwear and curtains are part of larger
catchall categories, so the petitions on these products cover only a part of each of the categories listed.
Figures from the US Office of Textiles and Apparel show year-to-date increases in the shirt categories were
463%, skirts were up 879%, and pajamas/nightwear imports rose by 647%.
Combined US imports in the 10 categories covered totaled $6.4 billion in 2004, with imports from China
accounting for $944 million.
The value of the Chinese imports covered by the petitions account for 5.3% of the $17.8 billion in
textile and apparel imports from China and 1.05% of the $89.7 billion in imports from the world in 2004.
In terms of the $196.7 billion in US imports of all goods from China in 2004, these petitions affect only
about 0.48% of that trade.
The Bush Administration has already approved seven safeguards in 2005, covering men’s and boys’ cotton and
manmade fiber shirts, manmade fiber trousers, manmade fiber knit shirts and blouses, combed cotton yarn,
cotton knit shirts and blouses, cotton trousers, and cotton and manmade fiber
American Manufacturing Trade Action Coalition executive director Auggie Tantillo said more petitions
will be filed later this year. “The US textile industry will keep filing petitions
until the United States and China reach and a comprehensive agreement to moderate the growth of
Chinese textile and apparel imports to a reasonable level through the end of 2008.”
Peru's Textile Imports Jump
500% from Asia
Peru’s imports of Asian textiles leapt 500% following the removal of temporary restrictions.
Peru's Minister of Production, David Lemor said that the government was presently considering a new measure to
protect Peru’s textiles industry, and had not yet decided whether to hold negotiations with countries
whose exports had increased or impose anti-dumping or protective measures.
Peru placed safeguards on 20 categories of textile goods in October 2004, which ended in May 2005.
China and the US have already kick-started protective measures against imports of Chinese textiles goods.
Sweden's Clothing and Shoe
Sales Up 9.2% in June
Sweden’s clothing and shoe sales rose 9.2% on a year-on-year basis during June, according to data from
Swedish research institute of trade HUI and the Swedish association of footwear and clothing retailers STIL.
By sector, apparel sales increased 7.9%, and shoe sales jumped 16.5%, according to the report Swedish News
According to STIL chairman Mikael Sandstrom, the increases are partly due to tax refunds during the
Overall clothing and shoe sales in Sweden rose 4.1% during the first half of 2005.
Ex-Workers Sue for Labor
Former workers at a shuttered garment factory on the US
Pacific territory of Saipan are suing for alleged labor abuses.
The 121 ex-employees filed a lawsuit in the US District Court against La Mode Inc and Gold Apparel Brands Inc in
The foreign workers from the Philippines, China, Thailand, Sri Lanka and South Korea claimed they were
subjected to mass layoffs without prior notice.
They have asked the court to award them back pay, civil penalties, unpaid regular and overtime pay, damages and
interest. La Mode’s garment factory on Saipan shut down April 25.
See Tia Lyn Collections at
July 31 - August 2 at Booth 17C
Sales For M&S Drop For
High-street chain Marks & Spencer has suffered flagging
sales for the seventh quarter in a row, but says it remains positive about the future.
UK retail sales slid 3.1% during the 14-week period ended July 9, M&S said, with general merchandise sales
spiraling down 10.3% and clothing sales down 9.2%.
Same-store retail sales fell 5.4%, representing a smaller drop than the 6.3% decrease reported the three
The company said that the trading environment continues to be "very tough".
It added that in general merchandise, the figures mirror considerable change in the company’s trading position
compared to its previous focus on clearing overstocks.
Marks & Spencer has been struggling to win back its customers in recent
years but has seen limited success in the face of mounting competition elsewhere and a poor
Dr Phil's Inner Peace
I am passing this on to you because it definitely worked for me and we all could use more calm in our lives. By following the simple advice I heard on a Dr. Phil
show, I have finally found inner peace.
Dr. Phil proclaimed the way to achieve inner peace is to finish all the things you have started. So I looked around my house to see things I started and hadn't finished; and, before leaving the house this morning
I finished off a bottle of Merlot, a bottle of White Zinfandel, a bottle of Baileys, a bottle of Kahlua, a package of Oreos, the remainder of both Prozac and Valium prescriptions, the rest of the Cheesecake, some
Saltines and a box of Chocolates.
You have no idea how freaking good I feel.
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