Asset Based Lending Blog/News

Unmade Makes its Mark

February 6, 2016 | Apparel Industry

Sadie Keljikian, Express Trade Capital Unmade, a London startup, has a unique approach to sustainable, high-end knitwear. The company — as the name indicates — allows customers to customize colors and pattern arrangements before the garment is manufactured. Founded in 2013, the company has already received significant support from investors and consumers alike. The firm’s big-name backers […]

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West Bank Country of Origin Marking Requirements

February 5, 2016 | Government

As per U.S. Customs and Border Protection (CBP), those manufacturing goods in West Bank must ensure that all goods produced in West Bank or Gaza Strip are marked correctly. Goods entering the U.S. from these locations must abide by these marking requirements. Goods produced in West Bank or Gaza Strip must be marked as originating […]

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American Apparel’s Rehab

February 4, 2016 | Apparel Industry

Sadie Keljikian, Express Trade Capital It’s been a complicated year for American Apparel. Founder and former CEO Dov Charney was fired following an internal misconduct investigation involving sexual harassment, defamation of a colleague and misuse of funds back in December of 2014. Since then, the company’s resilience has been repeatedly tested by Charney’s character, internal […]

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Gap Goes Green

January 25, 2016 | Apparel Industry

Sadie Keljikian, Express Trade Capital As a result of the recent Paris Climate Talks, Gap Inc. announced that it will reduce its absolute greenhouse emissions by 50% by the end of 2020. The White House said of the gathering that “[t]oday, more than 190 countries came together to adopt the most ambitious climate change agreement in history.” […]

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Cambodian Factory Pactics Breaks the Mold

January 20, 2016 | Apparel Industry

Sadie Keljikian, Express Trade Capital Dutch factory owner Piet Holten, president of Pactics, a manufacturing company in Cambodia, is creating a modern, conscientious model for manufacturing companies in Southeast Asia. Cambodia has the second highest number of non-government organizations (NGOs) which aim to stimulate local employment by supporting workshops that make goods for tourists. Unfortunately, Holten says the “NGOs are trying hard to do good. […]

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Express Client Featured on The Steve Harvey Show

January 20, 2016 | Apparel Industry

Urban Intimates, a company founded and operated by wife and husband team Psyche and Vontoba Terry, is being showcased on The Steve Harvey Show today (EST 3pm – WNBC). Express Trade Capital has financed and supported the growth of Urban Intimates since early 2014. Psyche will appear and represent her line on the show. Today she […]

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Macy’s Announces Cuts After Brutal Holiday Season

January 8, 2016 | Apparel Industry

Sadie Keljikian, Express Trade Capital With overseas markets in turmoil on Wednesday Macy’s announced that approximately 4,500 jobs will be eliminated, roughly 3% of its total workforce, as part of a significant restructuring move. According to Macy’s, a surprisingly weak holiday season has hurt the business’s bottom line. The struggle to keep sales up has been felt […]

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China Fines International Shippers

December 30, 2015 | Shipping

Sadie Keljikian, Express Trade Capital After a year of investigations, China announced fines for eight international shipping companies for violating price fixing laws. The fines represent the most significant attempt by authorities to crack down on colluding in a sudden enforcement of an eight year old anti-monopoly law. According to the National Development and Reform Commission, or NDRC, […]

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Giving Data Credit Where Credit Is Due

December 29, 2015 | Lending

Drew Cohen, Express Trade Capital The nascent, burgeoning big data lending industry shows few signs of abating. For the foreseeable future, it will continue to complement, rather than supplant, traditional lenders. In the next five years, competition, as well as new oversight in the form of state and federal regulations and the expectant slew of […]

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Vietnam Climbs Garment Supply Chain

December 28, 2015 | Apparel Industry

Sadie Keljikian, Express Trade Capital After a prolonged malaise, Vietnam’s manufacturing industry has re-emerged as a significant player in the global clothing supply chain. For years, the Vietnamese garment industry has suffered a shortage of local raw materials stymieing opportunities for growth. For instance, its garment economy requires 400,000 tons of cotton for production per annum […]

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