GENEVA — The textiles and apparel sector in the Dominican Republic has recorded a sharp contraction in exports in the post-quota era, mainly because of losing sales in the U.S. — its biggest market — to more competitive suppliers from China and other Asian nations, a World Trade Organization report said.
The sector, dominated by apparel production and located in the Dominican Republic’s 53 free trade zones, has “found it difficult to adjust to a more competitive global environment,” the study said.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)