GENEVA — Trading partners praised the U.S. at a World Trade Organization session here for maintaining an open trade and investment regime, but took issue with problematic policies in cotton, the maintenance of high tariffs in sectors such as textiles and apparel, and plans to scan all U.S.-bound container cargo by July 2014.
“As a result of the United States’ open markets, nominal U.S. imports of goods and services increased by 36 percent between 2009 and 2011 to $2.66 trillion,” said Michael Punke, U.S. ambassador to the WTO. “This is equal to $7.3 billion of imports of goods and services per day, or $5 million per minute.
“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)