Tribal - California Apparel News
Tribal - California Apparel News
Tribal - California Apparel News
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It’s back to the drawing board for a plan to let Mexican<br />
trucks bring long-haul cargo into the United States.<br />
The U.S. Department of Transportation released a “concept”<br />
document on Jan. 6 that would gradually lead to the<br />
U.S. border being opened to Mexican long-haul trucks.<br />
A one-year pilot program to allow 100 Mexican trucking<br />
companies to bring in cargo beyond 20 miles from<br />
the U.S. border was launched in 2007. But it was shelved<br />
when Congress closed down the program in early 2009.<br />
Mexico than instituted a number of tariffs on $2.5 billion<br />
of U.S. exports in retaliation.<br />
The decision to allow Mexican long-haul trucks into the<br />
United States and U.S. long-haul truckers into Mexico was<br />
originally agreed upon in the North American Free Trade<br />
Agreement, which went into effect in 1994. That bilateral<br />
exchange of trucks was to be implemented by 2000. But<br />
6 CALIFORNIA APPAREL NEWS January 14–20, 2011<br />
NEWS<br />
Mexican Truckers Could Get the Green<br />
Light to Enter the United States<br />
concerns related to poor emissions in Mexican trucks and<br />
their safety delayed the program.<br />
It would help U.S. apparel companies producing garments<br />
in Mexico. Many Los Angeles blue-jeans makers<br />
do part of their production south of the border and use<br />
Mexican-made denim for their clothing.<br />
The concept program foresees that a safety audit would<br />
be conducted on each carrier’s safety-management program.<br />
Drivers’ records would be reviewed, and each vehicle<br />
would be inspected for safety and emissions. Evidence<br />
of vehicle insurance would have to be submitted to<br />
the Department of Transportation.<br />
In addition, a Mexican carrier’s vehicle and driver<br />
would have to be inspected, for an agreed-upon amount of<br />
time, every time they enter the United States.<br />
—Deborah Belgum<br />
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Athleta Flagship<br />
Opens in S.F.<br />
© 2011 CIT Group Inc. CIT and the CIT logo are registered service marks of CIT Group Inc.<br />
Gap Inc. opened a flagship store for its Athleta division in San<br />
Francisco’s Fillmore neighborhood on Jan. 13. The 5,000-squarefoot<br />
outlet will offer clothes for a full range of sports activities such<br />
as yoga, running, golf, paddleboarding and gym workouts.<br />
Athleta started business as an online venture in 1998. Ten years<br />
later, Gap purchased the Petaluma, Calif.–based women’s athletic<br />
wear label and retailer for $150 million. Gap opened a smaller Athleta<br />
shop in Mill Valley, Calif., in 2010. However, the San Francisco<br />
Athleta store, located at 2226 Fillmore St., is considered the<br />
brand’s formal bricks-and-mortar debut.<br />
“This store opening launches the next phase of our multi-channel<br />
growth plan for the Athleta brand,” said Toby Link, president<br />
of Gap Inc. Direct, the division that handles the Athleta brand. A<br />
Gap representative said there were no plans to open more stores.<br />
“We’re going to see how customers respond to this new store,” said<br />
Gap’s Callie Canfield.<br />
Gap Inc. does not break out sales results for Athleta. However,<br />
the company recently reported<br />
that same-store sales in December<br />
declined 3 percent compared<br />
with December 2009, when Gap<br />
reported a same-store increase of<br />
2 percent.—Andrew Asch<br />
Credit Protection n Working Capital<br />
Factoring n Import/Export Financing<br />
Debt Restructuring n Growth Financing<br />
Anchor Blue<br />
to Liquidate<br />
117 Stores<br />
Anchor Blue announced it<br />
would be shuttering all 117 of its<br />
stores following news that the company<br />
was declaring bankruptcy.<br />
Liquidation sales started<br />
Jan. 7 and will continue until all<br />
merchandise is gone. Gordon<br />
Brothers Group and Hilco Merchant<br />
Resources, both finance and<br />
liquidation specialists companies,<br />
announced Jan. 14 they will be<br />
handling the going-out-of-business<br />
sales for the Corona, Calif.–based<br />
retailer’s stores, with 84 located in<br />
<strong>California</strong>.<br />
All store merchandise will be<br />
marked down 40 percent to 60 percent.<br />
The stores’ fixtures also will<br />
be sold. Anchor Blue store sales<br />
will run as long as necessary, but<br />
liquidators listed Jan. 21 as a tentative<br />
deadline. Anchor Blue will<br />
honor gift cards and returns until<br />
Jan. 21.<br />
<strong>News</strong> of the retailer’s demise<br />
trickled through the grapevine a<br />
few weeks ago. Employees started<br />
posting comments on the company’s<br />
Facebook page, and on Jan. 4<br />
they received word through e-mails<br />
and a conference call that the end<br />
was near.<br />
The company had a long heritage<br />
in <strong>California</strong>. It started business in<br />
the mid-1970s as Miller’s Surplus<br />
and then Miller’s Outpost.<br />
In 1981, the company created its<br />
own brand, Anchor Blue. In 2009<br />
it declared Chapter 11 bankruptcy<br />
and later emerged from bankruptcy<br />
that year, with private-investment<br />
firm Sun Capital Partners being<br />
the principal owner.<br />
Thomas Sands, Anchor Blue’s<br />
then-chief executive, blamed the<br />
bankruptcy on the poor economy.<br />
“The unprecedented downturn and a<br />
related drop in consumer spending,<br />
especially in the teen-age market,<br />
had a severe impact on our financial<br />
performance,” he said in a company<br />
statement.—A.A.