Nextil Group to Move Two Factories to Guatemala
Jun-21-21 | In order to reduce costs and take advantage of the country's geographical location, executives of the clothing manufacturing company confirmed that they will move two plants currently located in the US and Spain to Guatemala.
Clothing: Company Closes Operations in Nicaragua
Apr-14-21 | New Holland, a company engaged in the manufacture of clothing and which has been operating in the country for 15 years under the free trade zone regime, announced that it will close operations in the last days of May.
Children's Clothing: Trends in Central America
Mar-23-21 | During the first weeks of 2021, interest in children's clothing measured by online searches and mentions in conversations in the digital environment, increased in Panama and Guatemala, and decreased in the case of the other markets in the region.
Textile Sector: Less Income, Less Jobs
Sep-17-20 | After the impact caused by the covid-19 outbreak, Nicaraguan businessmen in the sector estimate that in the first seven months of the year the maquila industry have stopped exporting close to $300 million and have had to lay off some 6 thousand employees.
Textile Industry with Subsistence Income
Aug-13-20 | Against the backdrop of an imbalance in trade and restrictions decreed in several markets around the world, Central American companies in the garment business are operating and generating export earnings at levels that merely allow them to subsist.
Guatemala: Textile Sector with Potential Return
Aug-4-20 | Before the process of reopening the economy, the garment and textile export sector operated with 15 thousand workers, but with the elimination of some restrictions, the activity of the companies increased and now employs 45 thousand people.
Textile Industry Seeks to Recover Lost Ground
Jul-21-20 | After the demand for clothing fell in the world's main markets due to the health crisis, Salvadoran entrepreneurs are confident that in the coming months it is possible to recover part of the sales initially projected for this year.
Clothing: Sales Forecasts
Jul-1-20 | For the next few months, it is estimated that in the Guatemalan market, sales of men's pants will decrease by about 5% from the levels reported prior to the change in the business scenario.
Textile Sector: Poor Outlook
Jun-23-20 | Uncertainty over a possible second wave of covid-19 cases globally will prevent Salvadoran textile industry exports from recovering for the rest of 2020.
Footwear: Factory Closes in El Salvador
May-18-20 | For the time that the State of Emergency is in effect, the authorities ordered the paralysis of the activities of the production plant of the company ADOC, located in Montecarmelo, Soyapango.
Covid-19: Forecast for the Textile Sector
Mar-26-20 | The impact that the crisis will have on companies related to the textile, leather and clothing sector in Central America is estimated to be explained, to a greater extent, by the expected drop in sales of carpets and curtains.
Nicaragua: Outlook for the Textile Sector
Mar-25-20 | According to businessmen in the country's textile sector, as a result of the covid-19 pandemic, a reduction in work orders is expected during the second half of the year.
Coronavirus: Every Crisis Brings an Opportunity
Mar-9-20 | Following the spread of the virus globally and the suspension of some production in China, several garment companies in the region have reported increases in their orders.
Honduras: Investments in Industrial Complex
Feb-26-20 | Grupo Elcatex inaugurated the first phase of the San Juan Innovation Park in Choloma, which has 107 thousand square meters of construction and required an initial investment of $240 million.
Textile Industry: A decade of Good Numbers
Feb-10-20 | Between 2010 and 2019 exports of textile companies in Guatemala reported an average annual growth of 2%, a rise that is attributed to demand from companies in the United States.
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Textile Industry
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