españolTextile 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. Retail, Behavior Change and Hybrid SystemsMonday, September 21, 2020 Merging E-commerce models and face-to-face sales, through the implementation of apps that allow shopping in a physical store without going through the checkout line or selecting a fitting room from a cell phone, are the challenges for companies in the new reality. In order to adjust to the new demands and challenges that arose from the covid-19 outbreak, at a global level companies are focused on understanding the trends that will predominate among consumers in the short and medium term. Consumer Trends in the New RealityThursday, September 17, 2020 Although in Central America the period of mandatory confinement has been exceeded, it is still a priority for consumers in the region to spend their free time in their homes and to devote themselves to household cleaning and home cooking. It has been six months since the first cases of covid-19 were detected in the region. Guatemala: 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 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"]
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. 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 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 MONITORING
Clothing: Sales ForecastsWednesday, July 1, 2020 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. The "System for monitoring markets and economic situation in Central American countries", developed by CentralAmericaData, forecasts the variations that in this new commercial reality will suffer the demand of households for different goods and services, through a model of sensitivity of demand-income. 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: Textile Industry with Subsistence IncomeThursday, August 13, 2020 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. Data from the Office of Textiles and Apparel, of the U.S.
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"] "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. Retail: Chain Expands TransactionsMonday, December 2, 2019 ETAfashion, dedicated to the sale of clothing, shoes and accessories, opened its second store in Costa Rica, in the Central Avenue of San Jose, in the old building of the Lehmann Bookstore. Prior to the launch of its new store, the company operated a single sales point, which is located in the Lincoln Plaza shopping center in Moravia. 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. |
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Wednesday, September 23, 2020 - last update: 2:59 pm
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