just-style authors and correspondents
Ivan Castano Freeman
Articles by Ivan Castano Freeman
Colombia needs a free-trade deal with Brazil, to fix a US cumulation dispute, and boost financing for export-hungry enterprises, if it is to bolster textile and apparel companies' efforts to expand abroad, according to executives at the latest edition of sourcing fair Colombiatex.
Mexico’s apparel industry is facing a textile raw material shortage as the soaring dollar prompts spinners to boost exports, leaving many clothing makers struggling to procure key fabrics to meet US orders, a top industry official says.
Argentina's textile and apparel industry is facing a flat 2015 amid falling consumption, exports and profits – but the new boss of industry body Camara Industrial Argentina De La Indumentaria (CIAI) remains confident this month's presidential elections will help change its course.
Nicaragua is seeking $160m to build a synthetic textiles manufacturing base to help double exports to $2bn in five years and offset TPL losses, government officials have told just-style.
Nicaragua's top textile and footwear manufacturers plan to double their size in three years as the Central American nation rushes to meet rising demand from US apparel brands, industry executives have told just-style.
Colombia's textiles and apparel industry is boosting innovation with a string of brands highlighting products featuring coffee-based fibres, slimming and quick-dry benefits during the recent Colombiamoda trade fair.
Mexico's textiles and apparel industry expects revenues to grow 4% to roughly MXN26bn (US$1.6bn) in 2015, helped by a bounce-back in US exports and buoyant domestic demand, industry observers say.
Guatemala's apparel and textiles industry has boosted its value-added product portfolio and improved response times in the past five years as it scrambles to win more US sourcing business, particularly as Asian countries including Vietnam continue to steal exports to its key partner.
The global apparel industry is expected to grow 3.5% to over $500bn this year, matching a similar gain in 2014 and consolidating a three-year recovery, according to the International Apparel Federation's (IAF) new president Rahul Mehta.
The global footwear industry is expected to grow 4-5% to nearly $200bn next year as a firming global economy fuels consumer demand for leading brands such as Nike or Steve Madden, industry executives say.
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