BRAZIL: Santista To Build Foreign Mills For US Quota Access
The company, jointly controlled by apparel maker Sao Paulo Alpargatas SA and energy and construction group Grupo Camargo Correa, currently exports about 80 per cent of its total output to the US.
"We are evaluating possible countries for investment, given bilateral accords," Santista president Herbert Schmid said.
"The import quotas are not going to change in the next seven years at least, and Brazil is losing the race with countries like Chile and Mexico."
Santista operates a mill in Chile that recently received investments of US$5 million to produce high quality fabrics and to construct a thread mill.
Help test our new apparel sourcing tool.
- US apparel sector braces for potential cost hikes
- Does a hard Brexit mean hard times for UK fashion?
- Trade Tracker – Trump's first weeks, Brexit agenda
- Primark challenges critics with cotton initiative
- Key trade issues facing US textiles and apparel
- Li & Fung dropped from Hang Seng Index
- Bangladesh "high threat" for terrorist activity
- Vietnam apparel exports miss 2016 target
- Trump talks of tweaking NAFTA trade with Canada
- H&M leads Better Cotton league
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022