WASHINGTON — The U.S. is offering new trade benefits and financial assistance to aid cotton production in least-developed countries, particularly West African nations, which have been a stumbling block in reaching a global trade accord to reduce tariffs among World Trade Organization members because of their opposition to cotton subsidies in industrialized countries.
“For decades, the United States has been a strong partner to least-developed countries,” U.S. Trade Representative Ron Kirk said in advance of the 8th Ministerial of the WTO, considered a critical meeting for trade ministers trying to revive the long-stalled Doha global trade negotiations. “We want to see these partners have a greater stake in global trade and overcome constraints inhibiting faster progress. This is why, even before the announcement of these new initiatives, the United States has been one of the largest single-country providers of trade-related technical assistance and why President Obama has made partnerships with developing countries, including LDCs, a key component of his trade agenda.”
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)