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Retailers launch US Global Value Chain Coalition
24
Oct '17
Retailers launch US Global Value Chain Coalition
The American Apparel & Footwear Association (AAFA), the National Retail Federation (NRF), the Retail Industry Leaders Association (RILA) and the US Fashion Industry Association (USFIA) recently launched the US Global Value Chain Coalition to educate policymakers and the public about the millions of jobs their members generate, adding to economic growth.

The coalition will advocate, educate, conduct research and engage on policies that support American employees and their families through US global value chains, according to a RILA press release.

In addition to the launch, the coalition partnered with Moongate Associates, an international consulting firm focussed on the formulation and analysis of international trade policy, to release new research that shows millions of American jobs rely on the US global value chain and contribute to the US economy.

While 98 per cent of the clothes and shoes sold in the United States are imported, the US industry provides nearly four million American jobs throughout the supply chain and that is why it is essential for the US Government to support that chain, said AAFA CEO and president Rick Helfenbein.

The retail industry has millions of US jobs from sourcing and logistics to finance and compliance and policies should recognize their importance, said Jonathan Gold, vice president for supply chain and customs policy for NRF.

US policymakers should appreciate the need for agreements and policies that expand free trade, not stymie it, said USFIA president Julia K Hughes. (DS)

Fibre2Fashion News Desk – India


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