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China, Vietnam sourcing could be hit as US finalises tariff rule on "currency manipulators"

2020-02-05 15:25:00| Daily apparel & textile news and comment - from just-style.com

Garment sourcing hotspots China and Vietnam could be subject to fresh duties as the US has finalised a rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar.

Tags: on china hit rule

 

US currency ruling could hit China and Vietnam

2020-02-05 15:25:00| Daily apparel & textile news and comment - from just-style.com

The US has finalised a rule that allows it to impose countervailing duties on products that benefit from countries it has determined undervalue their currencies against the dollar - including key garment producers China and Vietnam.

Tags: china hit currency vietnam

 
 

Coronavirus impact on China consumption to last months - forecast

2020-02-05 12:34:00| Daily beverage news and comment - from just-drinks.com

The coronavirus outbreak in China will hit sales and profits in beverage-related industries such as retail and entertainment for "several months", a wide-ranging report from Moody's has warned.

Tags: months china impact consumption

 

China clothing buyers turning to Turkey on coronavirus concerns?

2020-02-05 11:50:00| Daily apparel & textile news and comment - from just-style.com

Turkish clothing factories can expect a jump in orders as Chinese production declines as a result of the China coronavirus outbreak, according to Turkey's apparel trade body.

Tags: china clothing concerns turkey

 

Coronavirus to have "material impact" on Nike in Greater China

2020-02-05 11:44:00| Daily apparel & textile news and comment - from just-style.com

US sporting goods giant Nike expects the novel coronavirus outbreak to have a "material impact" on its operations in Greater China in the short term as the company has shuttered half of its stores in the region. 

Tags: material china impact greater

 

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