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July 11, 2019 Facebook  Instagram  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

Your Social Media Marketing Isn’t Enough

TGA

Social media advertising is almost exclusively business-to-consumer messaging, which means a strong social media campaign only addresses the demand side of supply and demand. Complete the picture on the supply side – get retailers’ attention by advertising in Travel Goods Showcase and a presence at The Travel Goods Show. Take advantage of some special, limited-time promotions and contact Cathy Trecartin, cat@travel-goods.org, 877-842-1938, x-702. Discover how Travel Goods Showcase and The Travel Goods Show can help complete your marketing picture and put you on the retail landscape.

Keep Receiving Travel Goods Showcase for FREE

TGA

Keep receiving Travel Goods Showcase, the industry’s #1 trade title, for free, by returning the subscription renewal card that came with your copy of the Post-Show issue. Periodic renewal is a U.S. Postal Service requirement for free, controlled-circulation trade magazines like Showcase. Please complete and mail the postcard to maintain your subscription, or better yet, fill out the form at travel-goods.org/subscribe to ensure uninterrupted delivery of the industry’s best news source, direct to your mailbox.

China Tariffs – Tranche 3 Exclusion Process Now Open – Closes September 30

TGA

On June 30, the U.S. government opened the portal to request exclusions (details, web portal) from Tranche 3 tariffs, including the 25% tariffs on travel goods. As of July 10, 4 companies have filed a combined 28 petitions requesting exclusions for certain types of travel goods (out of a total 367 petitions). Please go to the TGA/AAFA July 2 webinar on the exclusion process for more details (letter to USTR, webinar recording). There will be a 14-day period, once a petition is live on the portal, during which the public can file a response (in opposition or in support). That means your company can file responses in support (or in opposition). For example, most of the travel goods petitions were filed on July 1, which means the 14-day response period for those petitions closes July 15. The deadline for petitions is September 30. You will hear more from TGA in the next few weeks on the exclusion process.

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Lighthizer, Mnuchin spoke with Chinese Vice Premier Liu He on Tuesday

CNBC

Top U.S. trade officials spoke with their Chinese counterparts Tuesday as Washington and Beijing work to iron out a trade deal. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke to Chinese Vice Premier Liu He and Commerce Minister Zhong Shan “to continue negotiations aimed at resolving the outstanding trade disputes” between the world’s two largest economies, according to a U.S. official. The official said “both sides will continue these talks as appropriate.” READ MORE

Walmart’s Supplier Says Chinese Factories in ‘Desperate’ State

BLOOMBERG

The world’s largest supplier of consumer goods says China’s factories are getting “urgent and desperate” as worried U.S. retailers accelerate a move out of the country amid heightened trade tensions. China will see more factory shutdowns as the trade war that’s roiled the global supply chain exacerbates an exodus, said Spencer Fung, chief executive officer of Li & Fung Ltd. The company, which designs, sources and transports consumer goods from Asia for some of the world’s biggest retailers including Walmart and Nike, is being pushed by American clients to shift production out of China. READ MORE


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Tesla Will Suggest Travel Destinations with In-car Navigation, Says Elon Musk

ELECTREK

Tesla is planning to suggest travel destinations to owners with in-car navigation in an upcoming software update, according to CEO Elon Musk. We often hear from Tesla owners that the Supercharger network actually drives them to go on road trips more than they would in a regular car, especially since Tesla has been offering unlimited free Supercharging to owners. Now, Tesla is actually planning to suggest some destinations. READ MORE

7 Signs That Instantly Identify Someone with Bad Leadership Traits

INC.

Do you work in a toxic environment under bad leadership? If you do, and you choose to keep your job, there comes a time when you need to hold up the mirror and decide if it's worth it. Clearly understanding the characteristics of a person exhibiting bad leadership is important. Here are seven to raise your awareness. READ MORE

What Retailers Can Learn from Bed Bath & Beyond’s Current Woes

TOTALRETAIL

Once the pre-eminent home goods brand, Bed Bath & Beyond is in the midst of massive upheaval as it struggles to cope with the pressure it's facing from discounters and online pure-play brands, particularly when it comes to pricing. And yet, while Bed Bath & Beyond is currently in the spotlight, it's not the only legacy retailer struggling to compete on the pricing front with emerging retail brands. So, what can be done? READ MORE

You Can Renew Your Passport Within 24 Hours with FedEx

TRAVEL + LEISURE

You’re just about to leave for that trip you’ve been planning for ages. Everything is ready. The hotels are booked, the flights are confirmed and your itinerary is planned. But there’s this nagging feeling that you’ve forgotten something. What’s the status of your passport? For those to whom the horror of horrors occurs, FedEx now offers a service that will get you a new passport in just 24 hours. READ MORE

The Retail Landscape Isn't Done Shifting

INC.

The world of retail looks nothing like it used to. Malls are dying, online sales are booming and retailers are scrambling to figure out what comes next. Fortunately, the mystery isn't as mysterious as it seems. Despite the noise about the rise of digital and the fall of physical, e-commerce represented only 14.3% of retail sales in 2018, 40% of which went to Amazon. Most people still prefer to buy in person. That buying experience just doesn't look like it used to. READ MORE

This Airport Has a Massive Slide That Will Take You to Your Gate

TRAVEL + LEISURE

Not a lot of people can say that airports are actually fun – but things are different at Changi Airport in Singapore. Often called one of the best airports in the world, this incredible, beautiful, and actually fun airport has one thing that many do not: a slide that gets you to your gate in the best way possible. READ MORE

5 Essential Content Marketing Metrics to Measure

SOCIAL MEDIA TODAY

Content marketing is an effective way to generate traffic, leads, and become a thought-leader in your industry. Are you currently running a content marketing campaign? Better yet, are you measuring it? Producing high-quality and actionable content is great, but what really matters is if it’s driving results for your business. READ MORE

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