IMPORT & EXPORT
By Deborah Belgum | April 17, 2014
The Los Angeles premium-jeans maker was recently acquired for $98 million by Joe’s Jeans, another LA-based denim-pant maker.
More than 20 years after it was instituted, the Andean Trade Preference Act may be headed for the bone yard.
When the European Union added an additional 26 percent duty on the import of women’s denim jeans from the U.S., the action caught many of the high-end denim manufacturers in the Los Angeles area off-guard.
A U.S. government program designed to boost apparel production in the Dominican Republic and bolster U.S. fabric exports to that Latin American country fell short of expectations last year.
In anticipation of the Trans-Pacific Partnership proposed trade agreement, spandex producer Hyosung will unveil a newly expanding facility in Nhon Trach, Dong Nai, Vietnam, beginning late summer.
The first six months of this year barely saw an increase in cargo-container volumes coming through the nation’s major ports.
A Los Angeles businessman found guilty of smuggling Chinese-made clothing into the United States is scheduled to be sentenced on Sept. 9 in federal court.
European Tariff Hike Leads LA Manufacturers to Look for Alternative Markets and New Marketing Strategies
Premium-denim manufacturers in Los Angeles are sorting out new ways to boost their global markets
The European Union recently unexpectedly and drastically raised duties on US-made women’s jeans to 38 percent. Trade officials, industry organizations and manufacturers are working to repeal the tax hike. Stay up to date on the issue here.
The naming of Michael Froman as the new U.S. trade representative is good news for the U.S. textile industry.
Columbia Sportswear Commercial (Shanghai) Co. Ltd. named Samson Wong president of the company, a joint venture between Columbia Sportswear Co. and Swire Resources Limited, a subsidiary of Swire Pacific Limited and the exclusive distributor of Columbia Sportswear in mainland China.
Los Angeles manufacturers, facing a new 38 percent European duty on women’s jeans made in the United States, are weighing their options and trying to avoid moving production outside the country.
William K. Fung, chairman of apparel sourcing giant Li & Fung, spoke recently in LA about sourcing opportunities--and responsibilities--around the world.
The National Retail Federation's monthly “Port Tracker” report, which monitors cargo container traffic coming into through the nation’s largest ports, forecasts a major jump in imports in October.
What do crane trucks, eyeglasses frames, frozen sweet corn and women’s blue jeans have in common? Nothing, unless you are a European customs official. These are the four unlucky U.S. products that have been slapped with extra tariffs by the European Union in retribution for a U.S. law that breaks international trading rules.
California Representatives Lucille Roybal-Allard, Xavier Beccera, Linda Sanchez and Grace Napolitano urge action on the EU's steep duty on US denim.