NEW YORK — While the fashion industry breathed a sigh of relief on Friday that dockworkers strike on the Eastern Seaboard had been averted and the likelihood of a long-term contract agreement was in the works, it remained concerned that a final deal had not been reached.
The International Longshoremen’s Association and the U.S. Maritime Alliance agreed to a 30-day extension of their labor negotiations on Friday, averting a potential work stoppage at East and Gulf Coast ports this week, and have reached a tentative agreement on the thorny issue of container royalty fees — payments to union workers based on cargo weight that have been in practice since the Sixties when containerization and automation took hold — that put the talks at an impasse last month.
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)