Search Results for: Mexico
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TRUMPIAN TRADE REVOLUTION SPELLING TROUBLE FOR APPAREL SOURCING IN ASIA
As US President Donald Trump has been wasting no time carrying out his campaign pledges to undo long-standing American trade ties, the Asian apparel industry and the US retailers it supplies have ample reasons to be on edge.
Signs are particularly worrisome for apparel players sourcing from Vietnam, a member of the Trans-Pacific Partnership (TPP), the unratified 12-nation deal that will now not include the USA after Trump extracted America from its commitments via a January 23 presidential memorandum.…
US PERSONAL CARE PRODUCT SECTOR LAMENTS END OF TPP – AND WANTS MORE TRADE TALKS TO FOLLOW
The January 23 presidential memorandum from President Donald Trump, puling the USA from participation in the Trans-Pacific Partnership (TPP) trade deal has disappointed the American cosmetics and personal care products sector. This is not only because of the tariff barriers it would have eliminated but also because the TPP would have pushed regulatory controls in all TPP countries in the same direction.…
CLOTHING SECTOR GLOBAL REVIEW OF THE YEAR – 2016
2016 – Winners and losers
RETAILERS & BRANDS
WINNERS
US-based sportswear brand Under Armour delivered its 26th consecutive quarter of 20%-plus revenue growth in the third quarter of 2016, with sales increases across all divisions. Net sales were up 22% in the third quarter to USD1.47bn.…
TRUMPS PROMISE TO AXE TPP ON DAY ONE OF HIS PRESIDENCY PROMPTS WIDESPREAD NERVOUSNESS
THE PROMISE from US President-elect Donald Trump to withdraw the USA from the Trans-Pacific Partnership (TPP) trade agreement on his first day of office has prompted widespread nervousness in auto-sectors around the world.
His rejection of the deal could scupper an agreement negotiated over five years by the United States; Australia; Brunei; Canada; Chile; Japan; Malaysia; Mexico; New Zealand; Peru; Singapore and Vietnam.…
CANADA METAL ASSOCIATION WANTS TPP PRESERVED, DESPITE TRUMP PROMISE TO QUIT DEAL
A senior Canada metal industry association has called on its government to continue ratifying the Trans-Pacific Partnership (TPP), despite US President-elect Donald Trump’s commitment to withdraw the US from the trade deal on his first day of office.
“We definitely still support Canada moving forward with the TPP, even without the US.…
MEAT INDUSTRY WELCOMES COMMISSION’S BID TO PROMOTE MEAT PRODUCTS
THE EUROPEAN Commission’s pledge to put meat and livestock produce second in its 2017 European Union (EU) agri-food promotion campaign (making up 15% of the programmes) has been welcomed by the industry. The announcement came during the release of a EUR133 million marketing budget for EU agri-food producers for 2017, up from EUR111 million in 2016.…
COSMETICS INDUSTRY DEPRESSED AT TRUMP’S DECISION TO PULL OUT OF TPP
UNITED States President-elect Donald Trump’s commitment to withdraw the US from the Trans-Pacific Partnership (TPP) trade deal, condemning the deal as a “potential disaster for our country”, has received the thumbs-down from the cosmetics industry.
“TPP represents an important step forward for the cosmetics industry in the signatory countries, containing as it does a specific annex for cosmetics and personal care,” Cosmetics Europe director general John Chave told Soap Perfumery & Cosmetics.…
SOFTWARE SPECIALISTS OFFER CLOTHING BRANDS AND MANUFACTURERS POWERFUL SOFTWARE FOR FINANCIAL PLANNING AND OPERATIONS
Clothing brands and manufacturers wanting to maximise their financial performance are being offered an increasingly varied and sophisticated aware of software systems guiding their planning and operations.
US-based Centric Software Inc provided an update to its flagship PLM (product lifecycle management) solution in this summer, adding features to gain additional financial insight, perform deeper financial analyses and render information available offline, to further streamline planning, costing and quote management.…
ROBUST PHILIPPINES ECONOMIC GROWTH BOOSTS EXPANSION IN COUNTRY’S PAINT MARKET
With a strong national economy and significant investment in construction and public buildings, the Philippine paint and coatings sector is enjoying a period of robust growth. Official figures for the overall paint market have not been published since 2014 but the leading sectors have continued to flourish.…
INTERNATIONAL REGULATORY ROUND UP – ISO PLOTS COCOA SUSTAINABILITY STANDARD
THE INTERNATIONAL Organization for Standardization (ISO) has developed a series of standards designed to promote sustainability in the chocolate and cocoa sector, and wants industry input.
It has released drafts on the ISO 34101 series, on ‘sustainable and traceable cocoa beans’, and wants expert opinions on them, for submission by December 4.…