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U.S. Administration Will Not Investigate Apparel Imports from Vietnam
8 May 2008 - The United States will not impose anti-dumping duties on apparel imports from Vietnam in the short term, the U.S. Department of Commerce officially announced this week. Unit prices of Vietnamese apparel monitored by the U.S. administration were not reduced, it said. First 2008 data compiled by EmergingTextiles are confirming this trend. With labor and raw material costs surging in Vietnam, exporters warned they could further raise prices, on the contrary.
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Inflation in Asia Could Boost Apparel Prices (Inflation Report)
30 April 2008 - The current rebound in inflation rates in Asia may result in higher production costs for apparel exporters. With food prices up about 50% in a single year in a large number of low-cost countries, workers in clothing plants may require higher wages, as already observed in Egypt, Cambodia, Bangladesh or Vietnam. The recent boom in rice prices may accelerate looming crisis in Asian clothing industries.
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Sharp Decline in March Sales of U.S. Apparel Chains
14 April 2008 - U.S. retail sales sharply fell in March at a series of apparel chains. Comparable sales were down 18% at Gap's stores, for instance, reflecting lower consumer spending as food and gasoline prices are rising while housing prices are declining. Sales of higher-priced apparel were primarily hit, as usual when a recession hurts American economy.
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India Viscose Fiber and Yarn Prices (Statistical Report)
26 February 2008 - Viscose prices strongly rose in the last year in India, resulting in a weaker demand from spinners and filament processors. The long term however looks bright for viscose spun yarn market with demand expected rising when fiber prices will decline, our India Correspondent reports. The filament market could face more difficult days, by contrast.
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U.S. Apparel Importers May Limit Sourcing From China (Statistical Report)
15 February 2008 - China's apparel exports to the US market may seriously slow down in 2008, as a result of higher production costs, rapidly rising yuan and surging competition from Vietnam while US quotas in most sensitive categories are still maintained until the end of the year. US apparel imports already declined 15% from China in December, possibly announcing a sourcing shift to other nations in the near term.
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Thailand's Apparel Exports Depressed by Strong Baht (Country Report)
23 January 2008 - Thailand's apparel exports started declining in 2007 mainly due to a strong increase in the baht against both the US dollar and the Euro. Exporters try boosting sales to other markets but are still extremely dependent on the American and European buyers. The political situation is back to normal, however, while a free trade agreement with Japan may offer new prospects.
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US Apparel Imports from CAFTA-DR Countries in 3rd Quarter 2007
15 January 2008 - US apparel imports from CAFTA-DR countries fell in the third quarter of last year, reflecting rising uncertainties ahead of US quotas' removal. Poor results in cotton knit shirt categories 337 and 338 may indicate some serious threat for Central American countries while US trouser imports from the Dominican Republic dramatically fell in the last two years. Man-made fiber apparel imports from the region more resisted.
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Honduras Taking Advantage Of Duty-Free Agreement With The U.S. (Country Report)
19 December 2007 - Honduran apparel exports stopped falling in 2007, thanks to full implementation of the duty-free agreement with the United States. Relaxed rules of origin are offering some support to domestic producers, in addition to a decisive proximity with the US market. Honduras is still protected by US quotas on imports from China, however, and may suffer after they will be removed at th end of 2008.
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EU-China Quotas Fill Rates and Prices (Monthly Report)
5 December 2007 - Shipments of textiles and clothing are surging from China in restricted categories, indicating that EU's imports may sharply increase after quotas are lifted at the end of the current month. Exporters need to take European market shares when they are still available but export monitoring may result in new European restrictions in 2009.
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'Fugitive Denim': a Human and Sensible Approach of Global Textile Trade
27 November 2007 - At last, a different book was just published about global textile and apparel trade. For the first time, 'Fugitive Denim' offers a human and sensible approach of an increasingly global business through a series of remarkably well-written portraits of professionals. The book by author Rachel Louise Snyder also offers a rare opportunity to grasp the new trends in the global textile village with emerging environmental and labor issues.
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