LAHORE, Pakistan — The textile industry here is primed to benefit in the new year from the Generalized System of Preferences Plus status granted to Pakistan by the European Union this month.
The deal gives 3,500 Pakistani products duty-free or preferential rate status for exports to the European market for three years beginning Wednesday, although it still faces competition from Asian neighbors.
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)