WASHINGTON — The Senate Finance Committee passed a series of trade-related bills Wednesday that will have significant implications for the fashion industry, including granting permanent normal trade relations to Russia and extending the third-country fabric provision for eligible sub-Saharan African countries.
The committee’s markup and approval of the measures, with bipartisan support, was considered a major accomplishment, particularly in a polarizing presidential election year. The bills will now move to the full Senate for a vote. The House Ways & Means Committee has not yet scheduled its own markup of any of the legislation.
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)