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How Will the Trade War End? Where Will Shoe Brands Go for Sourcing? And More Crucial Questions Answered at the AAFA Summit

More than 200 footwear and apparel executives convened in Washington, D.C., this week for the American Apparel and Footwear Association Executive Summit.
As fashion firms keep a close watch on the trade discussions between President Donald Trump’s administration and Beijing, the looming trade war was unsurprisingly top of mind for attendees.
To that end, a range of speakers — including Michael Evans, Alibaba president; Steven Kolb, CFDA president and CEO; Xia Ding, president of international fashion at JD.com; Ted Dagnese, chief supply chain officer at Lululemon Athletica; — sought to bring clarity to some of the key issues impacting retail supply chains right now.
Here, we round up six big takeaways from the summit.
On the viability of tariffs:
“Tariffs don’t work. Our industry got tariffed in the 1930. If you read the history books, they will tell you, tariffs were the catalyst for the Great Depression. And, what was the reason for tariffs? To protect footwear and apparel manufacturing in America? We did a great job. 97 percent of all apparel is made off-shore. 98 percent of footwear is made off-shore.” — Rick Helfenbein, president and CEO, AAFA
On whether JD.com will launch private label like Amazon:
“There’s a lot of internal debate within our

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Via:: https://footwearnews.com/2019/business/trade/trade-war-resolved-sourcing-manufacturing-aafa-1202761619/