All rights reserved We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. "The country enjoys relatively low inflation, a stable currency, and political stability - all of which helps to attract foreign investment," said Adam Sitkoff, executive director of the American Chamber of Commerce in Hanoi. This article is now fully available for youPlease verify your e-mail to read this subscriber-only article in fullThe gift link for this subscriber-only article has expired.Get unlimited access to The Straits Times and more at S$ 0.99/month.You have reached your limit of subscriber-only articles this month "The moves to shift production have had an impact in China: Hong Kong-based Stella International Holdings Ltd. - which develops and manufactures footwear for brands like Prada SpA and Guess? Bags that are sold at the outlet but do not contain this code were not made specifically for the factory outlet. Such a move would be a blow for the nation, where garments make up 64 per cent of total exports. "Even before China and the US escalated trade tensions, Cambodia enjoyed duty-free privileges for products such as handbags, suitcases and wallets, part of a US programme to help boost development in low-income countries. In-depth analyses and award-winning multimedia contentGet access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Shoes being made in Complete Honour Footwear Industrial at Kampong Speu, Cambodia, on July 4, 2018. For example: white with the 'Guess' logo in red across the front; brown with the letters GC and Guess Collection in pink. Recommended For You. Enjoy now your exclusive discount on GUESS®'s Bags The nation's infrastructure ranked 106 out of 137, behind neighbors Vietnam and Laos, in the World Economic Forum's Global Competitiveness Report.This can cause difficulties in getting merchandise out of the country, Lamar said.The US government recently said that Cambodian elections in July, in which the ruling party won all 125 seats in the National Assembly, were "flawed. "Our head of handbag sourcing is actually over there right now, working on a plan to ramp that up. Then the trade war happened.Now, with tariffs on products such as Chinese handbags set to rise, nations like Cambodia and Vietnam are looking more attractive than ever for consumer goods makers such as Steven Madden Ltd and Tapestry Inc's Coach.And while the Trump administration has slapped duties on goods from many of its largest trading partners this year, it's allowed some Cambodian products to continue duty-free access to the US market. Get unlimited access at $0.99/month*
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"The country enjoys relatively low inflation, a stable currency, and political stability - all of which helps to attract foreign investment," said Adam Sitkoff, executive director of the American Chamber of Commerce in Hanoi. This article is now fully available for youPlease verify your e-mail to read this subscriber-only article in fullThe gift link for this subscriber-only article has expired.Get unlimited access to The Straits Times and more at S$ 0.99/month.You have reached your limit of subscriber-only articles this month "The moves to shift production have had an impact in China: Hong Kong-based Stella International Holdings Ltd. - which develops and manufactures footwear for brands like Prada SpA and Guess? Bags that are sold at the outlet but do not contain this code were not made specifically for the factory outlet. Such a move would be a blow for the nation, where garments make up 64 per cent of total exports. "Even before China and the US escalated trade tensions, Cambodia enjoyed duty-free privileges for products such as handbags, suitcases and wallets, part of a US programme to help boost development in low-income countries. In-depth analyses and award-winning multimedia contentGet access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Shoes being made in Complete Honour Footwear Industrial at Kampong Speu, Cambodia, on July 4, 2018. For example: white with the 'Guess' logo in red across the front; brown with the letters GC and Guess Collection in pink. Recommended For You. Enjoy now your exclusive discount on GUESS®'s Bags The nation's infrastructure ranked 106 out of 137, behind neighbors Vietnam and Laos, in the World Economic Forum's Global Competitiveness Report.This can cause difficulties in getting merchandise out of the country, Lamar said.The US government recently said that Cambodian elections in July, in which the ruling party won all 125 seats in the National Assembly, were "flawed. "Our head of handbag sourcing is actually over there right now, working on a plan to ramp that up. Then the trade war happened.Now, with tariffs on products such as Chinese handbags set to rise, nations like Cambodia and Vietnam are looking more attractive than ever for consumer goods makers such as Steven Madden Ltd and Tapestry Inc's Coach.And while the Trump administration has slapped duties on goods from many of its largest trading partners this year, it's allowed some Cambodian products to continue duty-free access to the US market. Get unlimited access at $0.99/month*
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The talk of tariffs has created "a lot of anxiety" and companies are gauging how fast they can make more changes to their sourcing, he said.A study released in July by the US Fashion Industry Association showed that, while all of the companies participating in the survey sourced goods from China, 67 per cent expected to decrease the value or volume of production in the country over the next two years.US trade protectionism was listed as the No. "As a result, the US and Europe could review their trade policies and "potentially stop giving tariff preference to Cambodia's garment industry," said Tommy Wu, senior economist at Oxford Economics. "As long as the tariff exemptions persist, companies will be more incentivised to invest production capacity in Cambodia. "Tapestry, the luxury company behind Coach and Kate Spade handbags, has adopted a similar strategy, boosting its Vietnamese production and leaving less than 5 per cent of its sourcing from China.Vera Bradley, meanwhile, mentioned last December it is looking at sending manufacturing operations to Cambodia and Vietnam from China. "That gives us frankly about a three-year head start on most of our peers, because many folks are just now trying to make that move," Rosenfeld said on the July 31 conference call. If you continue to browse this website, if you close this banner, scroll the page or select a part of this website you agree with the use of cookies and to the transfer and storage of your data in Europe and the United States.
All rights reserved We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. "The country enjoys relatively low inflation, a stable currency, and political stability - all of which helps to attract foreign investment," said Adam Sitkoff, executive director of the American Chamber of Commerce in Hanoi. This article is now fully available for youPlease verify your e-mail to read this subscriber-only article in fullThe gift link for this subscriber-only article has expired.Get unlimited access to The Straits Times and more at S$ 0.99/month.You have reached your limit of subscriber-only articles this month "The moves to shift production have had an impact in China: Hong Kong-based Stella International Holdings Ltd. - which develops and manufactures footwear for brands like Prada SpA and Guess? Bags that are sold at the outlet but do not contain this code were not made specifically for the factory outlet. Such a move would be a blow for the nation, where garments make up 64 per cent of total exports. "Even before China and the US escalated trade tensions, Cambodia enjoyed duty-free privileges for products such as handbags, suitcases and wallets, part of a US programme to help boost development in low-income countries. In-depth analyses and award-winning multimedia contentGet access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Shoes being made in Complete Honour Footwear Industrial at Kampong Speu, Cambodia, on July 4, 2018. For example: white with the 'Guess' logo in red across the front; brown with the letters GC and Guess Collection in pink. Recommended For You. Enjoy now your exclusive discount on GUESS®'s Bags The nation's infrastructure ranked 106 out of 137, behind neighbors Vietnam and Laos, in the World Economic Forum's Global Competitiveness Report.This can cause difficulties in getting merchandise out of the country, Lamar said.The US government recently said that Cambodian elections in July, in which the ruling party won all 125 seats in the National Assembly, were "flawed. "Our head of handbag sourcing is actually over there right now, working on a plan to ramp that up. Then the trade war happened.Now, with tariffs on products such as Chinese handbags set to rise, nations like Cambodia and Vietnam are looking more attractive than ever for consumer goods makers such as Steven Madden Ltd and Tapestry Inc's Coach.And while the Trump administration has slapped duties on goods from many of its largest trading partners this year, it's allowed some Cambodian products to continue duty-free access to the US market. Get unlimited access at $0.99/month*

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