WASHINGTON — Economic challenges continued to be a drag shipments of apparel and textiles to the U.S. down, fueling a trend that has dogged the industry all year.
Apparel and textile imports dropped 2.1 percent in October to 4.782 billion square meter equivalents compared with the same period last year, according to the Commerce Department’s Office of Textiles & Apparel.
Apparel and textile import levels have been trending down all year, October was the eighth consecutive month in which shipments to the U.S. fell in year-over-year comparison. Year-to-date apparel and textile shipments to the U.S. are off by 4.5 percent from the previous year, a more significant decline then the same year-to-date period in 2007 when import levels were down 3.9 percent. Shipments in October were the highest for one month yet this year, despite falling in year-to-year comparisons.
The volume of apparel imports once again bucked the overall downward trend and increased 2.4 percent to 2.273 billion SME, but the general numbers were dragged down by a 5.8 percent decline in textile shipments to 2.509 billion SME.
Shipments of textiles and apparel from China dropped 0.5 percent from last year to 2.065 billion SME as falling textile import levels counteracted a rise in apparel imports. Canada continued a longstanding downward cycle in the volume of apparel and textiles it imports into the U.S., decreasing shipments 27.4 percent to 113 million SME.
Shipments from Mexico dropped 13 percent to 228 million SME.
Bangladesh showed the largest increase in import volume, surpassing Vietnam and growing 21.5 percent to 160 million SME. Shipments from Vietnam increased 21.4 percent to 176 million SME. India increased textile and apparel imports 13.4 percent to 263 million SME.
The top five apparel suppliers to the U.S in October were China, Vietnam, Bangladesh, Honduras and Indonesia. The top textile importer was China, followed by Pakistan, India, Mexico and South Korea.
The overall trade balance increased to $57.2 billion in October from $56.6 billion last month.
My character, Dinah Madani, is just the coolest, [most] badass woman imaginable," says @amberroserevah. The actress stars in @marvel's newest series on @netflix, @thepunisher. To prepare for her role, Revah sat down with Homeland agents to get a real sense of with Dinah's day-to-day life is really like. Read our full interview on WWD.com. #wwdeye (📷: @jilliansollazzo)
A scene from the 91st annual @macys Thanksgiving Day Parade. The parade, which boasts 50 million TV viewers and 3.5 million on-site spectators, is considered one of the largest and most watched parades in the world. (📷: Jason Szenes/EPA-REX)
The circus came to @bloomingdales 59th Street on Tuesday night and lit up Lexington Avenue with acrobatic dancers, death-defying knife throwing, sword swallowing and aerial acts with no net. The 45 minutes of theatrics built up to unveiling the holiday windows depicting @swarovski crystal-encrusted circus pieces and scenes from “The Greatest Showman” – songs from the soundtrack included. See the rest of the photos on WWD.com #wwdfashion (📷: Joshua Scott)
The psychedelic fashion that pervaded the ’60s is back with an exhibit at the @museumofcityny. “Mode New York: Fashion Takes a Trip” chronicles the changing styles from 1960 through 1973 and features designers such as @ysl, @oscardelarenta and more. The exhibition, which is on display through April 1, is organized into four periods: First Lady Fasion, Youthquake, New Bohemia and New Nonchalance. Pictured here is model Pat Bardonella during the Garvey Day Parade in 1968. (📷: @kwamebphoto) #wwdeye #wwdfashion
“People should be a lot more honest in expressing both the dark and light of themselves. We need to give each other the space to do that because it’s the only way we can grow and evolve,” says @noelwells of her new film “Mr. Roosevelt,” which is largely based on her own struggles. Unexpectedly leaving @nbcsnl in 2014 after just one season, Wells felt set back in her self-esteem and career trajectory. She quickly refocused her energy to more personal projects, which led to the completion of “Mr. Roosevelt.” Read the rest of WWD’s interview with the “Master of None” actress on WWD.com #wwdeye (📷: @jilliansollazzo)
@barbrastreisand is giving fans a chance to see her perform up close in a new concert series, which makes its debut on @Netflix today. From behind-the-scenes takes to her concert performance in Miami last December, the two-hour streaming special captures Streisand in her element. Pictured here is the singer/actress photographed for WWD in 1963. (📷: Palmieri Tony) #wwdeye #wwdarchive
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)