WASHINGTON — Retail and wholesale importers of textiles and apparel said Monday they were disappointed, but not shocked, by Sunday’s breakdown of world trade talks in Mexico, as they wondered whether negotiations can be righted.
After five days, the World Trade Organization meeting in Cancún ended without a declaration or road map for further liberalizing global trade. The sticking point never changed from the start: the American and European refusal to bow to developing country demands, with their focus largely on the elimination of government farm subsidies.
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)