The rules of the import game — from the duty free benefits of free trade agreements to the expense management of free trade zones — exist in complicated piles of paperwork and numerous stipulations, but for those companies willing to lobby for their passage and tackle their intricacies, the effort could result in significant savings.
“If you don’t participate in the terms of trade now, than you’ll just have to live with whatever you end up with later on,” said Stephen Lamar, executive vice president of the American Apparel & Footwear Association. “People often come to me and they sort of complain, ‘How come trade policy does this or trade policy does that,’ and the answer often is, ‘Because you didn’t do anything to affect it.”
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)