PARIS — Quotas on textiles and clothing are to be phased out by World Trade Organization members in January 2005. The move will affect some $375 billion worth of international trade between 146 countries and the global ramifications are mind-boggling.
In an effort to help executives understand the change, a two-day summit called "The Future of Textiles and Clothing After 2005" kicks off today at the Charlemagne conference center in Brussels. About 800 people are expected to attend back-to-back sessions featuring experts from manufacturing, retail and trade sectors, government, academia, banking and trade unions.
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)