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Top related persons:
Marcum - 3 Jim Marcum - 2 ” - 2 de - 1 minimis “ - 1 David Bridal’s - 1 DealBook - 1 Shein - 1
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United States China U.S Wall Silicon Suez Baltimore America
Top related orgs:
Chinese Communist Party - 2 Customs - 1 ” - 1 . Customs - 1 Cion Investment Corp - 1 Service - 1 Signet Jewelers - 1 David's - 1

Search resuls for: "Jim Marcum"


3 mentions found


☆ How the Real Estate Broker Business Could Change
  + stars: | 2023-11-04 | by ( Michael J. De La Merced | Jordyn Holman | More About Michael J. De La Merced | ) www.nytimes.com   time to read: +1 min
The rule, de minimis, exempts packages shipped into the United States from duties and fees if they are worth less than $800. U.S. retailers want that rule changed. Over six years, that amounted to about $100 million in duties that could have been invested in modernizing the business, he added. Temu and Shein most likely account for 30 percent of packages shipped daily under the provision, according to a report from the House Select Committee on the Chinese Communist Party. A Shein spokeswoman said de minimis “is not critical to the success of our business,” and in July, Shein’s executive vice chairman said the company was “eager” to work with lawmakers to help change the rule.
Persons: de, minimis “, David Bridal’s, Jim Marcum, DealBook, Marcum, ” Organizations: Customs, Chinese Communist Party Locations: United States
☆ U.S. Retailers Say an Old Trade Law Puts Them at a Disadvantage
  + stars: | 2023-11-04 | by ( Jordyn Holman | More About Jordyn Holman | ) www.nytimes.com   time to read: +2 min
If it isn’t, they argue, companies may move their warehouses, and the jobs that come with them, outside the United States. In 2022, David’s Bridal said it paid about $20 million in fees to U.S. Customs. Competitors based in China that ship dresses directly to shoppers paid nothing, Mr. Marcum said. In the course of six years, he added, David’s Bridal paid about $100 million in duties that could have been invested in modernizing its business. “You can see the enormity of that — the disadvantage that we’ve had to face,” Mr. Marcum said.
Persons: ”, Shein, ” Jim Marcum, “, David’s, Marcum, ” Mr, Ron Sorini Organizations: Chinese Communist Party, ”, . Customs Locations: United States, China, U.S
☆ 'We're not going anywhere.' David's Bridal's CEO reveals what's next for the company after its second bankruptcy.
  + stars: | 2023-09-16 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com   time to read: +11 min
David's Bridal filed for bankruptcy in April and was sold in July to Cion Investment Corp.CEO Jim Marcum is optimistic about David's Bridal's future. David's Bridal filed for bankruptcy in April , the second time in five years. Jim Marcum became the CEO of David's Bridal in 2019. There's been a lot going on with David's Bridal recently. David's Bridal dresses range from $199 to $2,000, Marcum said.
Persons: David's, Jim Marcum, Marcum, that's, Jennifer Ortakales Dawkins, There's, We've, it's, They'd, we've, That's, Randy Brooke, David Bridal, I've, Spencer Platt, Pearl, there's, didn't, they've, We're Organizations: Cion Investment Corp, Service, Signet Jewelers, David's, Walmart Locations: Wall, Silicon, Suez, Baltimore, United States, America
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