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November 1, 2009
The McPete Sez Lingerie Newsletter & Women's
EU & South Korea Trade
The European Commission has unveiled details of how the new South Korean-European Union (EU) trade
agreement will benefit textile and clothing manufacturers in Europe and South Korea.
Upon ratification of the agreement, duties on EU imports of most clothing products will disappear.
They are currently mostly between 5.3% and 12%, with a significant majority of lines attracting 12%
Also, duties on South Korean shoe imports will vanish. These have been of a wider range - of
between 3% and 18%.
Similarly, South Korea's tariffs on EU exports of clothing will be scrapped once the agreement is in
force: here duties range between 8% and 13%, with the vast majority of lines attracting 13% tariffs.
As for shoes - where duties again will go straight away, South Korea's duties on EU exports currently
range between 3% and 18%, mirroring the EU position.
Duties for yarns on both sides will be scrapped immediately too, as will those for textiles, fabric
The textile and clothing sector will see trade liberalization more quickly than most other
economic sectors, for which tariffs will be phased out over a number of years under 17 different
This agreement's text proclaimed the deal "will create a new climate for the development of trade
and investment between the parties."
Models wearing Chantelle, Simone Perele and
Elixir at the CurveNV Fashion Show at the
Venetian Hotel in Las Vegas.
Photo by Jerome Hamilton
Philippines Looking for Duty-Free Exports to US
The Philippine government has promised to lobby hard in its efforts to get a bill giving
Philippine-made apparel duty-free access to the United States passed by early next year.
Speaking in a high-level meeting of the Philippine Garments and Textile Association last week,
President Gloria Macapagal-Arroyo said: "We hope [the US] will be sympathetic to the needs of
Philippine garment makers who have supplied the US market for so many years."
House Resolution 3039 or The Save our Industries Act of 2009 was filed by American Rep. James
McDermott (D-Washington) before the US Congress on June 25, 2009.
Under the proposed bill, the Philippines, a former American colony, would be given preferential duty
treatment for certain apparel articles sold to the United States.
In particular, Philippine garment manufacturers would be allowed to import and use American
textiles for eventual shipment back to the United States as finished garments.
This will allow Philippine garment exports to enter the US duty-free instead of paying the standard 30%
to 40% tariff.
Laurence Delos Santos, president of the Confederation of Garment Exporters of the
Philippines (CONGEP) said the Save Act could double the total garment revenue earned in 2008 which was
pegged at US$2bn.
He added that the industry would also increase employment by 300,000 within three years of the
bill being passed.
HR 3039 is currently being deliberated by the US Committee on Ways and Means.
Tia Lyn's NY Fashion Show with beautiful models of ALL SIZES!
Walmart Expands Hanesbrands
US retail giant Walmart is doubling the space in its stores given over to Hanesbrands' plus-sized
apparel line JMS Just My Size, in a move that coincides with the launch of its new collection and
could help reverse a long-time sales decline.
Under the deal announced October 15, JMS will become the dedicated plus-size apparel brand at
Walmart and will feature in more than 3,500 stores across the US.
The line focuses on trend-right styles in sizes 16-28, all priced below $22, and promises the
delivery of new collections every month. Modern knit sweaters and leggings, classic matte satin
blouses and dress pants are all included in the line-up.
"So often plus-size women see stylish clothes in the Missy department that they can't find in the
plus-size department," says Maria Teza, marketing director for JMS. "Now she can find those same
styles in just her size."
As a dedicated plus-size brand, the JMS clothing line features flattering fit solutions like
slimming seams, strategically placed pockets, freedom of movement, and right-weight materials.
"Our value prices mean that, instead of buying just a few key pieces, she can now buy an entire
wardrobe," adds Janet Freedman, JMS creative
director and plus-size shopper.
The deal is good news for Hanesbrands, which has not only been hit by cutbacks in consumer spending,
but has also seen many of its retail customers go out of business (like Mervyn's) or tighten their
inventories in the economic downturn.
In August it posted a 46% in second quarter profit as sales fell 8% to $986.0m, but noted the rate of
sales decline was lower than in previous months, margins are better, and retailers are finally
showing signs of more robust ordering.
Trade Between Honduras
and US Down
Trade groups representing US textile and apparel importers and retailers have warned that the
ongoing crisis in Honduras is causing permanent damage to what once was the most economically
vibrant textile and apparel trade platform in the CAFTA region.
Citing US government statistics, they say preliminary numbers from September show a 39% drop
in US imports of apparel from Honduras, following a fall of 38% in June, July and August.
And exports of textile products from the United States to Honduras, which are leading indicators,
continue to be sharply depressed with exports down by 38% during the last three months, a total of
In a letter to Secretary Hillary Clinton, the seven trade associations representing billions of dollars
in two way textile and apparel trade between the US and Honduras are calling on the US government to
support a quick resolution of the crisis.
Also among their concerns is the fact that "credit, insurance and other financing costs associated with
moving goods in and out of Honduras are at record lows as the financial sector has lost confidence
that the crisis will be resolved soon."
And they say the cumulative effect of the crisis means that "while factories can be closed or run on
short orders for weeks, they cannot do so for months on end.
"The end result is increased plant closures, job losses and the crippling of a once booming trade
The associations - who last month urged that the crisis be resolved "in a diplomatic manner" - say
they are also concerned by statements that even free and fair future election results in Honduras
would not be recognised by the US.
Among their fears are that importers and retailers are being forced to make contingency plans to get
orders from Asia if the disruptions are not resolved.
The letter was signed by the American Apparel and Footwear Association (AAFA), the American
Manufacturing Trade Action Coalition (AMTAC), the Hosiery Association (THA), the National Council of
Textile Organizations (NCTO), the National Retail Federation (NRF), the National Textile Association
(NTA), and the US Association of Importers of Textiles and Apparel (USA-ITA).
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