MISSISSAUGA, ON, Oct. 24 /CNW/ - A single piece of fabric can travel
thousands of miles, touch hundreds of hands and cross countless borders before
making its appearance on the catwalk.
As the logistics company responsible for bringing together hundreds of
thousands of yards of fabric to the fashion industry, UPS not only is the
official courier of L'Oréal Fashionweek but the proud sponsor of Canadian
designer Common Cloth and its fashion show on Oct. 24 at 10 p.m.
"The creativity of fashion designers knows no bounds and the results of
their talent transcend international borders as much as their apparel," said
Ken O'Connell, vice president of business development, UPS Canada. "UPS's
ingenuity can help new and established fashion designers remain globally
competitive by providing them with the most effective opportunities to source
and sell their wears globally."
Consider that a typical cross-border transaction involves 35 documents
interfacing with 25 parties and must comply with more than 500 trade and law
agreements. With that in mind, how does it all come together so designers can
focus on lines and material rather than customs forms and transit times? How
can Canadian designers tap into the U.S. market?
Just ask Coconut Grove Pads Inc., a company that manufactures intimate
apparel and accessories that are in demand worldwide. In business for 10
years, Coconut Grove Pads is fast becoming a leading Canadian exporter within
its market niche.
However, there have been challenges along the way for owner Hylton Karon.
"My products are sought after by retailers throughout the U.S.," Karon
explains. "To remain competitive, we needed to find a solution so our
U.S.-based customers could do business with us as easily as with a U.S.-based
business, without any border hassles.
"UPS's cross-border services allow returns to be handled with ease. UPS
also collects cheques on delivery, which has assisted with new account
servicing. We can also track all orders easily online, which gives us a
competitive advantage," says Karon. "With the Canadian dollar at par with the
U.S., I would encourage all businesses to consider using the right business
partners, as every efficiency needs to be used to remain competitive."
The Fashion Design Council of Canada (FDCC) was founded in 1999 with the
specific mandate to brand fashion in Canada. A non-governmental, not for
profit national association, the FDCC has successfully built a fashion week
that commands international respect and encourages continued economic trade
and profile of the fashion industry.
UPS, which celebrates its 100th anniversary in 2007, is the world's
largest package delivery company and a global leader in supply chain services,
offering an extensive range of options for synchronizing the movement of
goods, information and funds. Headquartered in Atlanta, Ga., UPS serves more
than 200 countries and territories worldwide. UPS's stock trades on the New
York Stock Exchange (UPS) and the company can be found on the Web at UPS.com.
To get UPS news direct, visit pressroom.ups.com/RSS.
Except for historical information contained herein, the statements made
in this release constitute forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such forward-looking statements, including statements
regarding the intent, belief or current expectations of UPS and its management
regarding the company's strategic directions, prospects and future results,
involve certain risks and uncertainties. Certain factors may cause actual
results to differ materially from those contained in the forward-looking
statements, including economic and other conditions in the markets in which we
operate, governmental regulations, our competitive environment, strikes, work
stoppages and slowdowns, increases in aviation and motor fuel prices, cyclical
and seasonal fluctuations in our operating results, and other risks discussed
in the company's Form 10-K and other filings with the Securities and Exchange
Commission, which discussions are incorporated herein by reference.
For further information:
For further information: Tara Smith, UPS Public Relations,
firstname.lastname@example.org, (905) 676-1708; Shannon Morton, APEX Public Relations,
email@example.com, (416) 924-4442 ext.253