Word: apparel
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...President Clinton ponders whether to extend China's most-favored-nation trading status, Levi Strauss & Co., the world's largest maker of name-brand apparel, has decided to phase out its Chinese operations because of "pervasive violations" of human rights. The decision abides by the company's investment guidelines, adopted last year. A Chinese Foreign Ministry official downplayed the impact. "At present there are tens of thousands of foreign companies investing in China," he said. "If one or two want to withdraw, please do." Levi's withdrawal will halt production of 5 million pants and shirts a year...
Nike's increasing clout has long troubled the National Football League, and even the mighty National Basketball Association. Two years ago, Nike ordered 90 of the athletes it has under contract to withdraw from part of the rich apparel-licensing deal by which the N.B.A. sells the players' likenesses on shirts and hats -- depriving the league of $1.5 million a year in revenue. In February Nike, along with Michael Jordan, wrestled from the N.B.A. the rights to the multimillion-dollar market for T shirts bearing Jordan's image. "In marketing, Nike is far more powerful than the league," says N.B.A...
...least 60 colleges -- including Georgetown, Michigan and Seton Hall -- in order to be the exclusive supplier of the players' shoes. Last week Nike was negotiating a deal to pay Duke's coach, Mike Krzyzewski, a reported $1 million bonus and $375,000 a year. Other shoe and apparel companies have similar arrangements -- Reebok with Notre Dame, for example, and L.A. Gear with North Carolina State...
Varela is just one of the legions of Harvard students, mostly men, who wear baseball caps. While many of those students say they wear caps because of hair mishaps, other cite a variety of reasons for their added apparel...
...going into effect. The same is true in spades for the GATT talks, which already have dragged on for six years; many experts believe it is now or never. The fundamental problem is that freer trade will wipe out tens of thousands of jobs in noncompetitive U.S. industries like apparel and glassware -- but pushing too hard to protect U.S. interests could torpedo agreements that would give a long-range boost to fully competitive industries...