BORDER PATROL: U.S. Customs and Border Protection seized $10 million worth of textile products since October that were described inaccurately in an effort to get around trade laws and regulations. Textile imports represent 43 percent of revenue collected through duty fees, according to agency figures. Tactics used by nefarious importers include changing the country of origin or using false labels or documents to misdescribe merchandise, according to the agency. CBP recently stepped up its efforts against this problem. The agency implemented on-site verification of manufacturers, sending teams to foreign factories to review high-risk facilities and ensure the integrity of wearing apparel being shipped to the U.S.
LIMITED'S CFO CHANGE: Limited Brands Inc. said Wednesday that its chief financial officer, V. Ann Hailey, will become executive vice president of corporate development, a newly created role. Hailey, who has been with the company more than eight years, "desires to take on new and different challenges," the company said in a statement. Hailey will serve in her current job through April overseeing day-to-day finance functions and will certify the retailer's 2005 financial statements. The firm expects to name Hailey's successor before she moves on in the spring.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)