In 2014 a special unit was created to deal with complaints about the marketing of fake garments, and since then it has received an average of five complaints a month.
The market for fake clothing brands in the country has been growing, according to the authorities at the Economic, Tax and Customs Crimes Prosecutor's office, which claims to receive five complaints per month.
The Social Security Department in Panama is putting out to tender the service of washing, drying, ironing, folding, packaging and distribution and dispensing system for hospital gowns in the complex Dr. Arnulfo Arias Madrid.
Of the 4,500 square meters of new commercial area in the Juan Santamaría, 850 square meters are available, which are expected to be tendered in June and July.
Café Britt is the first company that has moved into to this new area and left its old 299 m² premises available, and a competition is already underway to awarded them to another company. In addition to those premises, the only other space left is 550 m², in which the Costa Rica company Aeris, administrator of the terminal, will incorporate shops dedicated to selling clothes and accessories.
In the first quarter of the year textile exports generated revenues of $192 million, 7% more than in the same period in 2014.
A report by the Bank of Guatemala indicates that as of February articles of clothing were the second most exported product. During 2014 this sector generated approximately $1.5 billion in exports, representing a growth of 12.6% in export volume.
High quality and well priced food and spirits are on the list of products for which demand has increased from Indian consumers with higher purchasing power.
From a statement issued by the Costa Rica Foreign Trade Promotion Office (PROCOMER):
The luxury market in India is growing, and it is estimated that by 2017 it will reach a value of $1.8 billion, showing a growth relative to the current level of $1.4 billion, with the categories of fashion, cars and food being the most dynamic. It follows a study by the Associated Chambers of Commerce and Industry of India, Assocham and Yes Bank.
It has been reported that a mall being built by the Honduran company Ladylee in the province of Alajuela and has an occupancy rate of 100%.
So far 47 commercial establishments have been confirmed, according to representatives from City Mall, but they are still choosing who will fill the missing spaces in the 70 thousand square meters building dedicated to this area.
Textile companies operating in free zones are preparing adjustments such as reductions in production lines in order adapt supplies in the event of the loss of tariff preference level, or TPL.
Although the timeframe for the expiration of the Tarriff Preference Level system with the United States is December 31, several companies are already starting to take steps to adjust their production in anticipation of the agreement not being renewed.
Textile entrepreneurs anticipate an increase in Canadian investment once the trade agreement with this country takes effect on October 1st, 2014.
Daniel Facussé, president of the Honduran Maquila Association reported that "... representatives of three Canadian companies visited the country and showed interest in investing in maquila and buying sportswear. Two more entrepreneurs are expected to arrive in the country in the next four weeks to create US trade ties. "
Colombian designer Miguel Caballero, specializing in the design and manufacture of clothing for executives with high exposure, is setting up his company in the capital.
In response to the damaging and growing wave of violence and insecurity affecting Guatemala there has been growth in business sectors such as private security, and now in clothing sector with "reinforced" wardrobe for top executives of companies who are exposed to high levels of risk.
Up to 15% of the market in products such as cigarettes, liquor, drugs and footwear, is supplied with goods whose origins are illegal.
Added to the list of products that have traditionally been traded illegally, such as cigarettes and alcoholic beverages, there is an increasing tendency to smuggle medicines, shoes, clothing, and beauty and personal care products, among other things.
Venezuela has lost much of its appeal for Colombian entrepreneurs, who are looking at Central America as a market for products which used to be sold to its border neighbor.
Colombian exporters have decided to diversify their markets in light of the difficulties encountered in Venezuela and are conducting business meetings in countries such as Guatemala in order to trade products such as clay bricks, tiles, apparel, footwear, leather and others things.
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INDUTEX main manufacturing business is the towel market, mops, cleaning cloths and yarns with products for the hotel segment and all the way through the popular segments.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (502) 2326 5959 - (502) 4011 4489
Our mission is to help you in the process of sourcing your trims and notions for your Full Package programs or your CMT Contracts. And be your local supplier for those trims and notions needed in your programs.
Operates in Nicaragua, Honduras, Guatemala and El Salvador
Phone: (504) 617-0591 - (504) 6170592