A Conversation About Cotton

 Registration is closed for this event
Join USA-ITA and Cotton Incorporated for an overview of the market today and Cotton Incorporated's Cotton University™ and sustainability initiatives.

A Conversation About Cotton: An Overview of the Market Today & Cotton Incorporated’s Cotton University™ and Sustainability Initiatives

Tuesday, May 14, 2013 from 10:00 AM to 12:00 PM ET

Cotton Incorporated, 488 Madison Avenue, New York, NY, 10022

Do you have questions about the cotton market? We’ve got answers! Join USA-ITA and Mark Messura, Senior Vice President of Global Supply Chain Marketing for Cotton Incorporated, for an in-depth seminar on the current market for cotton. Mr. Messura will also cover other Cotton Incorporated initiatives, including the focus on sustainability through new technologies and methods and Cotton Incorporated’s great new resource for the industry – Cotton University™. The seminar will include time for Q&A with Mr. Messura. 

This event is free but space is limited to 30 participants. Registration will be open to USA-ITA members only until May 7th. If you are not a member of USA-ITA, you may register for the wait list, which we will open on May 8th if space is available.

 

When
May 14th, 2013 from 10:00 AM to 12:00 PM
Location
Cotton Incorporated
488 Madison Avenue
New York, NY 10022
Contact
Phone: 202-419-0444
Email:

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2025 Sourcing Trends & Outlook Report

USFIA's 2025 Sourcing Trends & Outlook Report is out. Members can log-in to the website to download it here. 

The top 5 sourcing trends in the 2025 report are:

  1. Asian apparel suppliers continue to dominate sourcing.
  2. China maintains its role as the top supplier.
  3. Higher costs are easing with lower average unit values.
  4. New suppliers highlight apparel sourcing opportunities.
  5. Despite high duty rates, FTAs and preference programs remain underutilized. CAFTA remains the major duty-free supplier.

The sourcing report includes a special section with global trade data prepared by Dr. Sheng Lu, professor in the Fashion and Apparel Studies Department at the University of Delaware. Dr. Lu highlights the high cost of tariffs over the last 14 years, with U.S. fashion companies paying $11.9 billion in tariffs on apparel imports in 2024.

Import_duties_on_US_apparel_imports_2024.jpeg

Top U.S. Apparel Suppliers in 2024 by Quantity

When it comes to apparel, Asian suppliers continue to dominate the U.S. market. The top seven suppliers continue to ship more than 70% of total apparel imports. Again this year the three largest apparel suppliers represent just over 60% of apparel imports.

2025-sourcing-report-top-apparel-suppliers-quantity.jpeg

Top U.S. Apparel Suppliers in 2024 by Value

By value, China is the top supplier of U.S. apparel imports, but China no longer dominates the import data. There are 18 suppliers that ship 1% or more of apparel imports by value, with several suppliers who make the list thanks to shipping higher value apparel to the U.S.

top-apparel-suppliers-2024-value.jpeg

 

2025 Sourcing Report trend: FTAs and Preference Programs Remain Underutilized

With duties on apparel as high as 32%, there are many reasons to take a fresh look at the apparel and textile manufacturers eligible for preference programs and free trade agreements. The value of U.S. apparel imports that qualify for duty-free access during 2024 increased slightly from one year ago.

2024 USFIA Fashion Industry Benchmarking Study

This is the eleventh USFIA Benchmarking Survey and again fashion industry sourcing executives face a litany of challenges. Concern over the economy and inflation, as well as eliminating forced labor, continue to be top concerns in the U.S. fashion industry. This year's respondenents also report an elevated level of concern about the impact of shipping and supply chain disruptions as well as geopolitical tensions.

New for this year is a sharp increase in sourcing executives who are concerned about the protectionist trade policy agenda in the United States, with 45% ranking it a top-5 business challenge, compared with just 15% last year.

Download the complete study here, and see the highlights below:

 2024 USFIA Benchmarking Report Figure 1-1B

This year's survey respondents were more optimistic than last year, bucking a 2-year trend.

 

India is the new rising star for Asian sourcing bases, surpassing Bangladesh for the first time and landing in the top spot for where companies want to expand sourcing.

This year, survey respondents underscore the importance of immediate renewal of AGOA before its expiration in September 2025 and extending the agreement for at least another ten years.

2024 USFIA Benchmarking Report Figure 3-9

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