Product Highlights You’ve Got to See
Straight from the aisles of The 2020 Travel Goods Show check out the latest travel gear and gadgets in Seen at The Show: Products. And to keep up with the latest industry news, be sure to check in regularly with Travel Goods Showcase.
Don’t Be a Victim of Unauthorized Solicitations for The Travel Goods Show
We are aware that some unscrupulous individuals and companies are targeting Travel Goods Show attendees with emails offering access to Show attendee contact lists. Please know that these emails have not been authorized by TGA and may not be legitimate. TGA does not sell or rent its contact lists, which we consider to be confidential and proprietary. If you have any doubts regarding the legitimacy of these emails, we recommend reporting them as spam, which will help block them from your email server and may help others as well. If you are a Travel Goods Show exhibitor, you may obtain a final – and wholly legitimate – attendee list from TGA free of charge by contacting Cathy Trecartin at firstname.lastname@example.org, 877-842-1938, x-702.
TGA Urges U.S. Government to Extend China Tariff Exclusions
On July 28, TGA joined over 160 other organizations in urging Congress to approve legislation that would extend the exclusions from punitive China tariffs for certain travel goods and other items. The exclusions are supposed to expire August 7, 2020.
People News, Company News, Product News and More
The latest industry happenings are just a screen-touch or mouse-click away. Check out Industry Buzz for personnel changes, new product announcements, company news and more. It’s just a small part of Travel Goods Showcase, your No. 1 info source for keeping up with all things travel goods.
State of the U.S. Travel Goods Market
There’s some good news in TGA’s newly compiled 2019 sales figures for the travel goods segment, with total sales up 4.0% over 2018. Backpacks lead the way, with handbags and personal leather goods helping lift the numbers for overall growth in spite of the ongoing challenge of China tariffs. Get the full scoop in the article, State of the U.S. Travel Goods Market, in the pages of the all-digital Travel Goods Showcase.
U.S. Travel Goods Imports Significantly Down in First Five Months of 2020 as Trade Shifts Away from China
According to new data published last week, U.S. travel goods imports (as described under HTS Heading 4202 – luggage, backpacks, flatgoods, handbags, totes, etc.) fell 20.6% (by volume) in the first five months of 2020. In addition to the obvious impact of COVID-19 on the industry, the latest import numbers show the accelerating trend away from China. In the first five months of 2020, U.S. travel goods imports from China fell 38.5%, with China accounting for only 55.8% of total U.S. travel goods imports. For comparison, in 2016, China accounted for 84.7% of all U.S. travel goods imports. Meanwhile, despite the pandemic, U.S. travel goods imports from #2 supplier Vietnam (28.7%), #3 Cambodia (52.1%), and #4 Burma (Myanmar) (230.3%) surged in the first five months of 2020. In fact, U.S. travel goods imports from Vietnam now account for 19.0% of all U.S. travel goods imports, followed by Cambodia at 8.2% of all U.S. travel goods imports. U.S. imports of travel goods account for approximately 99% of the U.S. travel goods market.
U.S. Government Warns Companies of Nexus with China’s Xinjiang Province and Allegations of Forced Labor
Last week, the U.S. government issued a business advisory warning companies to review any nexus their supply chains might have with Xinjiang Uyghur Autonomous Region (XUAR), a province in northwestern China. The business advisory and accompanying letter highlight allegations of forced labor in supply chains with a nexus with XUAR.
TGA Urges Congress to Renew GSP Program, Restore GSP Benefits to India
On July 1, TGA joined over 200 business groups to urge Congress to immediately renew the Generalized System of Preferences (GSP) program, which expires at the end of this year. The letter also called on Congress to restore GSP benefits for India. GSP provides duty-free access for U.S. travel goods imports from most developing countries.
TGA Makes Another Plea to U.S. Government to Create Backstop for Commercial Credit
On July 1, TGA again joined more than 20 other associations in urging the Trump Administration to create an emergency, temporary federal backstop for commercial credit.
Where to Source Consumer Protective Gear
Masks and other personal health safeguards are the new consumer attention-getter. And a lot of them can be sourced from fellow TGA member companies. Turn to TGA’s COVID-19 Resource Page to find masks, portable hygiene kits, sanitizer sprays and other items to protect your staff and draw consumers in as you reopen. If you make personal protective equipment and aren’t on the list please contact Cathy Trecartin to be added: email@example.com, 877-842-1938, x-702.