The volume of the $255 bn worth of clothing (measured in numbers of garments) imported in 2017 into the key developed countries (Japan, the US and EU – JUSEU) fell 3.1%, according to the 2017 edition of Clothesource Tradetrak.
When it comes to apparel-making in Britain, there’s one thing we all think we know: there isn’t very much of it. But Britain’s official trade statistics seem to tell a very different story.
The South African government announced on April 6 its approval of R4.9 billion ($355 mn) for the clothing and textile sector “to create and save jobs” – but warned it would impose more protectionist pressure on buyers.
The UK House of Commons Select Committee on the Treasury has now published the correspondence revealing why it talks about its “collapse in confidence in the successful implementation of the Customs Declaration System” essential to UK apparel imports continuing after Brexit.
On 29 March, Britain’s Prime Minister signed a letter triggering the two-year process for leaving the European Union (EU). Though the negotiations will cover almost every aspect of British life, one issue affects our industry more than any other. Customs
The apparel making job creation target in India’s Maharashtra state (the area round Mumbai) seems to be 98% below its 2012 target, according to its 2016-17 Economic Survey.
Tadashi Yanai, chairman and president of Fast Retailing, said on March 28 that there is “no chance” of US production for the company – probably the first time any Top 20 global apparel retailer has come out and denied the possibility of US production.
Indian media reported on March 26 that its non-performing Textiles Policy, which has turned India’s apparel exports into some of the fastest-declining in the world, is being tweaked to “boost the growth of the handicraft sector.”
The European Union was reported on March 23 to have warned Bangladesh of suspending duty-free access unless Bangladesh makes progress in the implementing worker rights.
A committee of the European Parliament voted on March 21 for a proposal that “The EU Commission should propose rules obliging all players in the textile and clothing industry supply chain to respect the labour and human rights of their workers”.
Growing geo-political tensions, polarisation and populism could lead to possible disruption in international trade in clothing, the International Apparel Federation (IAF) has warned.
UK media began carrying increasingly nervous stories in March about Britain’s ability to handle the flow of imports and exports after the UK leaves the EU in spring 2019.
Media which really ought to know better have taken to exaggerating the likelihood of legislation enforcing labour standards.
US critics link another broken Trump trade promise to Trump administration corruption. Possibly inaccurately
For the second time in a week, US critics have accused the Trump administration of corrupt motives for dishonouring pre-election trade promises.