Can Myanmar’s garment sector reach its full potential?

After a United Nations (UN) report this week branded Myanmar’s refugee problem one of the world’s worst humanitarian and human rights crises, David Birnbaum looks at the knock-on impact for the country’s garment export sector. He argues that while Myanmar is one of the few alternatives to China for high value-added, complex and difficult-to-make products, its poor […]

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No miracle at midnight on the coming garment tariffs

China is the target in the upcoming trade war with the US, and Donald Trump’s latest threat to impose tariffs on all US$500bn of imported goods from China will undoubtedly hit garments. But replacing China means replacing 37-42% of all US apparel imports – and its deflationary impact on FOB prices, writes David Birnbaum. Read […]

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What does US import data for a single month show us?

Month-by-month the US Department of Commerce’s Office of Textiles and Apparel (OTEXA) releases US garment import data. But does one month’s information really provide garment professionals with a greater understanding of the industry and the direction in which it is heading? David Birnbaum provides some answers. Read more on Just Style  

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Bangladesh & The Garment Industry: Part I: A case of Arrested Development.

The garment industry as a vehicle for economic development has worked everywhere, except Bangladesh. To many countries in Asia, Latin America, and Africa, the garment industry is the first stage of industrial development. It takes people, mostly women, trapped in subsistence agriculture — a world without a future — and moves them into the modern […]

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Transfer Pricing: Meeting the needs of the Changing Global Import Industry

Part 5: The Impact of the New Tax Authorities’ Paradigm for Importers We have grown to think of transfer pricing as a contemporary version of the clash of Titans, where giant new millennium corporations do battle with an all-powerful IRS. With billions at stake, each side has mobilized armies of lawyers, accountants, economists as well […]

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