GENEVA — Global exports of textiles had the third-highest number — after chemicals and plastics — of new final antidumping measures imposed from Jan. 1 through June 30, a World Trade Organization report said.
In that period, 15 WTO members imposed a total of 71 such measures, which included nine in the textiles and apparel sector, 23 in chemicals and 14 in plastics, according to the report. Reflecting the heightened competition in the post-quota global marketplace, a significant number of the determinations hit Chinese exports.
Dumping occurs when an exporter sells goods abroad at a lower price than in the country of origin, or at below cost.
In May, India placed new final antidumping measures, with duties ranging from 24.3 to 74 percent, on imports of Chinese viscose filament yarn. Another textiles and apparel exporting country, Turkey, applied a new final definitive duty determination of $1.50 per kilogram on imports of Chinese woven fabrics and chenille fabrics.
Turkey imposed new final measures against imports of South Korean woven synthetic fabrics by imposing a 40 percent dumping duty in June. In May, Turkey set new final definitive measures against South Korean imports of polyester flat yarns with a rate of duty between 5.7 and 10.9 percent.
Overall, China imposed the largest number of final new antidumping determinations, 15, followed by India and South Korea, with six each, the WTO said.
However, the textile sector was less prominent during the period in initiating new antidumping investigations with only three out of a total of 87 probes. Base metals (19), machinery (16), plastics (13) and chemicals (11) dominated the new initiations.
Turkey launched all of the new textile antidumping initiations against Chinese woven fabric of synthetic and artificial stable fibers, and against shipments of woven synthetic fabrics from South Korea and the Philippines, the WTO said.
The WTO said India reported the most new antidumping initiations, with 20 new probes, followed by the European Union with 17, Australia with nine, and Argentina, Indonesia and Turkey with five each.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)