WASHINGTON — Quota removal gave China the momentum it needed to become the number-one supplier of apparel and textile imports to the U.S. in 2002 and push overall imports for the sector to new highs.
The record import numbers come at a time when the U.S. is negotiating a bilateral textile and apparel trade pact with Vietnam to control some of its explosive trade with quotas, while it simultaneously considers a separate request to place quotas on certain imports from China.
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)