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.
Retail sales are expected to cool down as consumers remain cautious about the economy.
As of May 1, all U.S.-made women’s denim pants imported into the EU had their duty raised from 12 percent to 38 percent.
Three U.S. goods currently subject to a 15 percent EU duty—sweet corn, eyewear frames and mountings, and crane trucks—will have their duties increased to 26 percent. But the big hit came to U.S.-made women’s jeans. This category will see its 12 percent duty rise to 38 percent.
With earnings season upon us, several retail and apparel companies are reporting year-end and quarterly results that tell a happy story.
Imports at the nation’s ports are expected to increase 2.7 percent in April over the same month last year and inch up 4.7 percent during the first six months of this year, according to the National Retail Federation.
After deliberating for one day, a jury ruled on March 25 that StudioCLmust pay a Chinese manufacturer more than $400,000 for money the Los Angeles apparel maker still owes the garment factory.
With a crowd of more than 180—which included 52 first-time attendees—the American Apparel & Footwear Association hosted its three-day Executive Summit March 13–15 at the Four Season...
For more than 15 years, Los Angeles apparel manufacturers Carole Little and Leonard Rabinowitz bought tops, sweaters and dresses from a Hong Kong manufacturer they considered a reliable source.
Despite a federal budget cut to ports and other transportation entities, retail cargo volumes imported into the United States are expected to inch up gradually.
Just because apparel is made overseas, it doesn’t mean there aren’t a lot of U.S. jobs that go into making a label.
After months of negotiations, a potentially crippling strike at 15 East Coast and Gulf Coast ports has been avoided after negotiators representing longshore workers and shipping companies agreed to a tentative deal on a new six-year contract.
After more than two years of negotiations, the clerical workers at the ports of Los Angeles and Long Beach will not be striking again this year.
U.S. consumers played it cautious last year when it came to clothing purchases, leading to a slight dip in apparel imports in 2012, according to the U.S. Department of Commerce.
Cargo-container volumes at the ports of Los Angeles and Long Beach have been on an even keel lately as the economy slowly recovers.
Last year, Josh Levine launched his brand, Frame Denim, and landed orders from Ron Herman and Net-a-Porter for his Los Angeles–based,high-end denim line. ...