McPete Sez Newsletter

                               











Advertisers
In This
Issue

Expose Beauty

Humboldt Merchant Services

Lingerie Americas

Tia Lyn 
Lingerie


Interludes Lingerie

Desire
Fashions

La Lame, Inc

Electric
Lingerie


Music Legs

Shirley of Hollywood

Elegant Moments Lingerie


Delicate Illusions

Coconut Grove

JWS Intimates

Tony Shoes

International Lingerie Shows

Classique Lingerie Show

Fantasy Lingerie

Miko Exoticwear

McPete Sales

Questfinder

Quick Commerce Credit Cards

Internetgazette

Submit2

Sponsor's
For This
issue

Questfinder

Submit2

Internet Gazette

Articles Of Interest

US Backs Vietnam's WTO Entry
Page 1

Avondale Closing to Cost 4,000 Jobs
Page 1

Minimum Wage Promised Following Riot
Page 1

Retailers' Online Sales
 Up 20%
Page 2

Pakistan's Textile Exports to Reach $10bn
Page 2

Buyers' Best Sellers
Page 2

Ask Andy
Page 2

McPete Sez
Mailbag
Page 2

Sara Lee to Spin Off Branded Apparel Line
Page 3


IATIPP Formed to Fight Textile Design Fraud
Page 3

Ask Kevin
Page 3

Mone Loses Lawsuit
Page 4

United Nigeria Textiles to Cut 1200 Workers
Page 4

Bangladesh Textile Mill Explosion
Page 4

Perry Ellis & JAG Sign Deal
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



The American Red Cross

June 1, 2006                                                 Issue #170


21/24

             McPete -Sez, 
    
The Lingerie Newsletter 
                  & 
       Women's Wear Journal

         
                 

Sleepwear-Daywear-Foundations-Loungewear-Hosiery-
       Swimwear-Dancewear-Clubwear-Funwear 
                              Ready to-wear.

*************************************************
       /////// N O T I CE//////////
To View previous issues, 
  go to
  =  Archives 
 For Shows around the 
World, go  to = 
Shows  
    For Advertising  
     
Click Here 
Heather Briggs & Pete McKeown  Pete's Biography

        
          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???

                       

        
       
US Backs Vietnam's 
           WTO Entry

A top US trade official says the United States hopes to sign a trade agreement early next month that will pave the way for Vietnam's entry to the World Trade Organization – despite protests from US textile trade groups. 
According to a US Trade Representative, Washington plans to sign the accord at the meeting of the Asia Pacific Economic Cooperation in Ho Chi Minh City, Vietnam in June. 
The two countries concluded a bilateral market access agreement in principle earlier in May laying out the terms of Vietnam’s membership in the WTO.
The deal will lower trade barriers on a wide range of US industrial and agricultural products and services, as well as continue the process of political and economic reform in Vietnam. 
But US textile producers argue that it will also open the US market to heavily subsidized textile and apparel. They are also fearful that it overrides a previous trade deal that puts quotas on Vietnam’s exports to the US and would impose safeguards on Vietnam if it is admitted to the WTO. 
Instead, the groups want to see the introduction of a safeguard provision as part of Vietnam’s multilateral talks with other WTO members. This would allow the US to re-impose quotas on Vietnamese clothing and textiles if imports surge after it joins the WTO.
The National Council of Textile Organizations said it would not support and could “actively oppose" new trade deals unless there are continued restraints on apparel and textile imports from Vietnam.
Nearly half of Vietnam’s current exports to the United States are in textiles and apparel, and have jumped by more than 5,700% since 2001. Vietnam’s textile and clothing exports to the US were worth US$49m in 2001, rising to US$2.9bn in 2005.



10/24  

Textile Fair Contracts Double
           in 2006
The 15th Annual Apparel Sourcing Show fetched US$100m in sourcing contracts, up from US$45m in 2005, a spokeswoman for the Guatemalan Apparel and Textile Industry Commission reported.
The fair was a success, she said, with 4,783 participants transacting business in the fair’s showroom, which was opened from May 16 - 18.
However, the event’s high point came on Thursday afternoon when Guatemala announced it passed the Central American Free Trade Agreement implementation’s law, a bill that will sharply boost its 
bread-winning industry.

                 
 A model is wearing garment by Electric Lingerie at the 
International Lingerie fashion show in Las Vegas, April 3-5.
            Photo courtesy of Bill Miller – FotosNow 
You can see more photos from the International Lingerie 
            show in the May 15th issue of McPete Sez!



17/24   
Costa Rica's Textile Exports
 to Double with CAFTA-DR
Costa Rica expects textile exports to double in five years if the government approves the Central American Free Trade Agreement (CAFTA-DR) in September.
Jose Berliavsky, president of Costa Rican textiles federation Camara Textil Costaricense said he is optimistic that the country will approve the accord in the autumn.
Costa Rica has come under pressure for delaying action to approve CAFTA, a process that has caused rifts in the trade block where four of six countries, including Honduras, Guatemala, Nicaragua and El Salvador have implemented the treaty.
Berliavsky said CAFTA will be a big boost for the nation’s textiles and apparel industry, which last year rung up sales of US$1.1bn.
Costa Rica hopes that CAFTA will help it double exports to US$1.2bn by 2011, up from US$583m last year, Berliavsky said.
He acknowledged that the industry faces stalemate if Costa Rica turns its back on CAFTA.
“The industry will disappear,” Berliavsky said. “All the companies would close because we would be in a great disadvantage with other countries.”
Employing 18,000 people in 30 main companies, the Costa Rican textiles industry sends 93% of its exports to the US.
               

7/12 
Avondale Closing to Cost 
         4,000 Jobs
Textile maker Avondale Mills Inc has announced it intends to close or sell all its plants in Alabama and two other states in a move that could lead to the loss of around 4000 jobs.
The US’ oldest surviving textile manufacturing company, says it plans to close its 18 plants and sales offices in Georgia, South Carolina and Alabama by July 25. 
The vertically integrated operation makes fabrics for denim, sportswear, workwear and fashion end-uses.
The company blames increased foreign competition for the closures, but says a train derailment and chemical spill next to one of its plants in January 2005 caused so much damage to the plant and its equipment that it was impossible to recover. Nine people were killed in the incident, hundreds were hospitalized and thousands were evacuated from a one-mile radius around the accident site.
Avondale now says that total closure is the most likely outcome, but adds that it is exploring several options including selling, restructuring or liquidating the company.

     
            
21/24
Minimum Wage Promised  
       Following Riots
The Bangladeshi government is forming a Wage Commission to set a minimum wage for textile workers following riots in streets near Dhaka.
Tens of thousands of angry workers set fire to factories, blocked roads and smashed vehicles in the country’s Export Processing Zone and the nearby areas of Ashulia and Savar over a few days.
The agreement was reached during a meeting of senior members of the Bangladesh Garment Manufacturers and Exporters Association, leaders of the garment workers and government officials.
The meeting condemned the violence, during which shots were fired by security forces to disperse protesters, several of whom were injured, and decided to compensate factories affected.
Workers’ leaders said the violence was caused by grievances brought on by maltreatment and deprivation, alleging that many workers go unpaid and without other benefits. 
       

14/24
Nepal Takes Hit from End 
            of Quotas
Nepal has been one of the worst hit countries by the end of textile and clothing quotas, according to a report from the United Nations Development Program.
The report stated that value and volume of textile and clothing exports fell 22% and 28% respectively last year.
US market losses were more pronounced than in the EU, with the value of US exports slumping about 55%.
"Nepal remains extremely vulnerable and locked into the export of a narrow range of items," the report stated. 
The country needs large-scale spending on training and human resources improvements, it added, and must concentrate on widening its range of exports and markets.

              
6/12
Jones Apparel to Pay $600,000
     from Harassment Suit
Jones Apparel Group and its Nine West women’s wear retail unit is to pay US$600,000 to settle a lawsuit alleging sexual and racial harassment of female employees.
The settlement came after a case was filed on the women’s behalf by the Equal Employment Opportunity Commission (EEOC) in the US District Court for the Southern District of New York.
The EEOC alleged that two senior managers at Nine West subjected female staff members to “sexually harassing conduct, including solicitation for sex, unwelcome sexual advances, sexually explicit jokes and comments, and groping of women’s bodies”.
The EEOC further alleged that the women were insulted with remarks about their Hispanic origin. The incidents are alleged to have taken place at Nine West’s corporate offices in White Plains, NY.
The company made no attempt to stop the harassment, causing some of the women to leave their jobs, the EEOC added.
Now Nine West and Jones Apparel will have to amend and reissue their non-discrimination policy, providing equal employment law training to managers and employees.
                   

12/24
Wal-Mart to Withdraw From
           South Korea
Wal-Mart is withdrawing from South Korea after agreeing to sell its business to the Asian country’s leading retailer Shinsegae for KRW825bn (US$882m).
Shinsegae, which has 79 E-Mart hypermarkets in the country, will rename Wal-Mart Korea's 16 stores E-Mart. Wal-Mart will continue to have a “global procurement sourcing office” in Seoul. 
Mike Duke, vice-chairman of Wal-Mart Stores, said: “As we continue to focus our efforts where we can have the greatest impact on our growth strategy, it became increasingly clear that in South Korea's current environment it would be difficult for us to reach the scale we desired. 
“We have decided to sell our business to the market leader as we believe this is the best option for our associates, customers and shareholders.” 
The agreement is subject to the approval by the Korea Fair Trade Commission. 

 
                             
( End of Page 1 of 5)