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EU & South Korea Trade Deal
Page 1

 Philippines Looking for Duty Free Exports to US
Page 1

Walmart Expands Hanesbrands 
in  Stores
Page 1

  Business & Technology
 Page 2

CurveNV 
Fashion Show
 Page 2

 Buyers' Best Sellers
 Page 2

McPete Sez
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 Page 2

 CurveNV Fashion Show
Continued
Page 3

Brighton Expands Bra Recycling Service 
Page 3

Ask Kevin
Page 3

Ask Andy
Page 3

 CurveNV Fashion Show Continued
Page 4

$3 Million Bra
Page 4

Naked Pumpkin Runners Offered Orange Undies
Page 4

 CurveNV Fashion Show
 Continued
Page 5

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Page 5

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Page 5

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   The American Red Cross

  November 1, 2009                                           Issue #252
     The McPete Sez Lingerie Newsletter & Women's Wear Journal           

7/24
                   
                              Intimate Apparel

Sleepwear-Daywear-Foundations-Loungewear-Hosiery-
           Lingerie-Swimwear-Dancewear-Clubwear 
                              Ready-to-Wear
 
                            
        
EU & South Korea Trade
                Deal
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% tariffs. 
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 and wool. 
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 schedules. 
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


3/24  
 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.


24/24 Watch Tia Lyn's NY Fashion Show with beautiful models of ALL SIZES!

Walmart Expands Hanesbrands
              in Stores
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 $165m.
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 sector." 
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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