The U.S. and Bangladesh are set to sign a Trade and Investment Cooperation Forum Agreement on Monday that is said to provide an important mechanism for the two countries to discuss bilateral trade and investment issues, as well as be a forum to pursue cooperative activities.
Acting Deputy U.S. Trade Representative Wendy Cutler and Bangladesh Secretary of Commerce Mahbub Ahmed are expected to sign the TICFA in Washington.
In July, the U.S. and Bangladesh agreed to a Bangladesh Action Plan, along with a statement by the U.S. on “Labor Rights and Factory Safety in Bangladesh.” The USTR said at the time that the implementation of the actions outlined in the plan could provide a basis for the President to consider reinstatement of the Generalized System of Preferences trade benefits for Bangladesh that were suspended in June, which went into effect in September. Apparel and textiles were not covered by GSP, which included imports such as tobacco, sports equipment, porcelain china and plastic products.
The Action Plan provides a list of measures related to fire and building safety, as well as worker rights in the garment industry, export processing zones and the shrimp sector. The TICFA is seen as a structure for both countries to work toward these goals, as well as improve investment and other trade opportunities.
Senate Foreign Relations Committee chairman Robert Menendez (D., N.J.) and committee Democrats released a report Friday calling on global brands and retailers, factory owners and the Bangladeshi government to work to ensure the safety of garment workers by giving organized labor a stronger foothold in Bangladesh. The committee said the U.S. should pressure the Bangladeshi government enact labor law reform and the freedom of association to bargain collectively in implementing the action plan to reinstate GSP benefits, while also calling on the U.S. to increase funding for programs in Bangladesh to improve union organizing and bargaining.
On Friday, U.K.-based Edinburgh Woolen Mill, which also owns high-street chains Peacocks and Jane Norman, became the latest company to join the Bangladesh Accord on Fire and Building Safety. The accord is a legally binding agreement that now includes 115 companies and trade unions from 19 countries across Europe, North America, Asia and Australia created to help prevent future factory catastrophes in Bangladesh.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)