The European Union will drop a 26 percent retaliatory tax on women’s jeans made in the U.S. to 0.35 percent on May 1.
This move, announced Wednesday by Sandler, Travis & Rosenberg, a Washington-based law firm specializing in Customs and international trade, and confirmed by the European Union, will lower the EU duty rate on such jeans to 12.35 percent a year after it saw a significant increase in an ongoing trade dispute.
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)