Clothing: Company Closes Operations in NicaraguaNew 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.Wednesday, April 14, 2021
The company's decision to leave Nicaragua is due to the fact that the country does not have the adequate technological machinery to compete with the garments it manufactures for the Under Amour, Nike and Adidas brands. Source: laprensa.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Children's Clothing: Trends in Central AmericaMarch 2021 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. Fabrics: Company Closes in NicaraguaJanuary 2020 The American Aalfs Uno, which operated in the municipality of Sébaco, in Matagalpa, closed its operations in the country due to a reduction in the number of contracts. El Salvador: Textile Industry Lose CompetitivenessMarch 2017 The Salvadoran union has stated that excessive bureaucracy and high production costs are the main factors that could be encouraging some textile mills to reduce operations in the country. Woven Fabric Production in NicaraguaNovember 2012 Millknit Industries will begin operations in early 2013, producing fabrics for clothing companies established in the free zones.
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