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Item 807 far from numero uno on mfrs.' import hit parade.
From:
Daily News Record
| Date:
January 16, 1985| Author:
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COPYRIGHT 1985 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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WASHINGTON (FNS) -- Four weeks ago, Lawrence S. Phillips, president, Phillips-Van Heusen Corp., delivered a challenge to import-hit apparel manufacturers: Get into Item 807, he told them, it might be your salvation.
But would it be? There's little factual evidence that the industry is sold on this premise.
Detailed statistics compiled by the Commerce Department's Office of Textiles and Apparel show that use of this tariff benefit allowing cut cloth to be assembled overseas at minimum cost, barely has held its own in recent years.
As a percentage of total ...
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