españolGuatemala: Growth in Clothing MarketFriday, March 31, 2017 The Colombian firm Arturo Calle has announced the opening of a store in Oakland Mall, and plans to open three more stores in the next two years. <span dir="ltr">The company which designs and sells menswear has announced its arrival in Guatemala, where it will be setting up a store in Oakland Mall.
MARKET TRENDS
Clothing: Interest in Uniforms DownwardsThursday, November 19, 2020 During the last few months in Central American countries the volume of searches and conversations on the Internet related to uniforms began to decrease, and by early November the trend was still downward. Through a system that monitors in real time the changes in the interests and preferences of consumers in Central American countries, developed by CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets that operate in the region. Tender for Uniform SupplyMonday, October 7, 2019 Banco de Costa Rica tenders the manufacture, distribution and supply of 33,350 institutional uniforms for customer service and administrative personnel. Costa Rica Government Purchase 2019LN-000010-0015700001: Tender for Uniforms in PanamaFriday, September 21, 2018 The General Directorate of Public Contracting is putting out to tender a supply of embroideries and uniforms for State entities for the period 2018 to 2020. Panama Government Purchase 2018-1-27-0-99-LM-001971: "Bulletproof" Clothing in GuatemalaTuesday, June 24, 2014 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.
BUSINESS OPPORTUNITY
Panama: Tender for $2 Million in UniformsThursday, December 10, 2020 The Ministry of Public Security tenders the supply of tactical and dress uniforms for the use of the National Immigration Service personnel. Panama Government Purchase 2020-0-18-01-08-LV-050752: Tender for Clothing and AccessoriesWednesday, January 8, 2020 The Secretariat of Security of Honduras tenders the supply of clothing and accessories for the National Police Academy. Honduras Government Purchase LPN-SEDS-031-2019:
MARKET STUDY
Clothing: $980 Million BusinessThursday, February 13, 2020 From January to September last year, foreign purchases of clothing and accessories made by companies in Central America totaled $981 million, and 46% was imported from China and the United States. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
MARKET STUDY
Clothing: Market Figures in 2018Wednesday, June 26, 2019 Last year, imports of garments and clothing accessories made by companies in Central America totaled $1.505 million, 3% more than what was purchased in 2017. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"] The Fashion Business in the Dominican RepublicMonday, January 15, 2018 29% of the companies that are dedicated to the design and confection of clothes are less than five years old, 18% between five and 20 years, 24% are more than twenty years old. A report by the Ministry of Industry, Commerce and SMEs analyzes the characteristics of the clothing design and clothing industry in the Dominican Republic, and lists the opportunities in the sector, among which are the frequency of clothing purchases made by Dominican consumers, the obligatory nature of the use of certain garments in institutions due to workplace regulations, the need for school uniforms, the existence of government procurement programs and the influx of tourists, who are potential customers of typical Dominican products, clothing and accessories. Clothing: Company Closes Operations in NicaraguaWednesday, April 14, 2021 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. 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.
MARKET TRENDS
Formal Clothing: Incipient Recovery in DemandWednesday, October 21, 2020 In the context of the crisis in all markets of the region, the interest in formal garments collapsed, but in recent months the amount of digital consumer interactions associated with this type of clothing has begun to rebound. Through a system that monitors in real time changes in consumer interests and preferences in Central American countries, developed by CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets operating in the region. Clothing: Guatemalan Company Expands to MexicoTuesday, September 22, 2020 Under the brand of Tiendas Rechido, Corporación Megapaca opened its first store selling second-hand clothing in the city of Morelia, Michoacan. The new store operating in the Mexican market will make available to the public 50 thousand garments and the business strategy of the business group is to enter the Mexican market as an environmentally sustainable fashion option. Textile Sector: Less Income, Less JobsThursday, September 17, 2020 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. The drop in demand in the United States, which is one of the main destination markets for exports of clothing made in Nicaragua, explains part of the drop in income for companies operating in the country.
FORECASTS BY SECTOR
Clothing: Forecast for Business in NicaraguaFriday, April 24, 2020 It is predicted that in the context of the crisis generated by covid-19, the demand for clothing in the local market will be affected mainly by a drop in sales of men's jeans. The "Information System for the Impact Analysis of covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies, depending on the country, sector or economic activity, during the coming months. |
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Monday, June 27, 2022 - last update: Friday, 4:49 pm
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