At Chic, the Chinese off-the-peg tradeshow which took place in Beijing 28-31 March, FashionMag.com met Wang Zhuo, Secretary General of the China National Garment Association, who explained that China wants to welcome more international labels.
The United States headed off a move by Brazil to impose penalties on a wide range of U.S. goods by offering concessions on a export loan guarantee program and said it would try to negotiate an end to a long-standing trade spat over cotton.
Apparel maker Perry Ellis International Inc and its units amended a loan and security agreement with their lenders to permit the sale of all present and future accounts receivable due from Kohl's Corp to Bank of America.
After New York and Los Angeles, the fashion trade show Designers & Agents is continuing its expansion and has arrived in France. The show will be in Paris for the next Fashion Week from 1-4 October 2010.