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Search Results for: El Salvador

10 results out of 45 results found for 'El Salvador'.

INCREASING THE JOB FORCE AND PROMOTING THE COMPOUND EXPANSION - TEGRA'S STRATEGY FOR CENTRAL AMERICA



Tegra, the Atlanta, USA-based leading apparel manufacturing and supply chain provider, is expanding its workforce in Latin America, with new job posts in El Salvador’s compound as well as its soon to be opened facility in Honduras. Tegra’s plant in El Salvador, Decotex, was expanded to nearly 250,000 square feet in August (2019).…

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QUALITY, PRICE AND DESIGN – THEY ALL DRIVE EXPANSION IN COLOMBIA’S DIGITAL TEXTILE PRINT MARKET



THE DIGITAL textile printing industry and market in Colombia is growing at steadfast pace, with local demand propelled by boutique fashion brands and publicity. However, the increased costs and upfront investment involved in creating digital printing means that traditional finishing techniques are still common in this South American manufacturing hub.…

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LATIN AMERICA’S PERSONAL CARE PRODUCT MARKETS REMAIN IN THE DOLDRUMS AS ECONOMIES PERFORM POORLY



IT has been another subdued year for the beauty and personal care product market in Latin America, as the region’s economy underperforms yet again after six years of deceleration (and in some countries outright recession), keeping a lid on sales growth. …

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INTERNATIONAL REGULATORY ROUND UP – ISO LAUNCHES NEW COCOA SUSTAINABILITY STANDARDS



THE INTERNATIONAL Organization for Standardization (ISO) has launched a series of standards designed to help the cocoa industry ensure its products are both sustainably harvested and processed, but also traceable across their supply chains. Its ISO 34101 series is designed to promote good environmental and labour practices in a sector that involves sophisticated confectionery companies, global commodity traders and small farmers, often in poor countries, notably in west Africa.…

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EL SALVADOR CLOTHING MANUFACTURERS SEEK TO DEVELOP UNDERWEAR NICHE



El Salvador clothing manufacturers are seeking to solidify their focus on underwear exports, from basic cotton intimates to trendy and sophisticated lingerie. Flagship US-based underwear companies have settled production in this central American outsourcing hub, making a wide range of lingerie and more basic underwear, such as HanesBrands, Fruit of the Loom and Intradeco.…

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HANESBRANDS INVESTS IN EL SALVADOR IN 2018 AS COUNTRY JOINS REGIONAL CUSTOMS UNION



US textile manufacturer HanesBrands says it has invested USD5.2 million in new technology and staff in El Salvador in the last six months and plans to inject USD5.2 million more in the central American country by the New Year. The international manufacturer has so far this year set up a new garment dying line at its San Juan Opico, La Libertad department plant, expanded its socks production in the same complex, and increased its workforce to meet global demand.…

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EXPANDED CENTRAL AMERICAN CUSTOMS UNION WILL BOOST HONDURAN CLOTHING AND TEXTILE LOGISTICS, EXPORTS



THE HONDURAS clothing sector industry association has welcomed the expansion of the Central American Customs Union into a three-country bloc, with El Salvador joining Guatemala and Honduras to forge a light border trading zone of more than 32 million people. El Salvador will officially accede to the union (see below for more information) in November, allowing 95% of products manufactured in its members to freely circulate in the region duty free through common customs, security, and other rules, strengthening local supply chains.…

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US CLOTHING SECTOR LOOKS TO INNOVATION TO SHARPEN EDGE IN UNCERTAIN TIMES



The American Apparel & Footwear Association (AAFA) conference in Washington DC, on April 25, has heard how the clothing sector needs to boost innovation to sharpen its competitive edge in commercially uncertain times.

Whether creating prototypes from designs within minutes through 3D printing, fabrics being dyed as completed pieces and introducing wearable technology throughout wardrobes, speakers stressed how new concepts could all become mainstream in the clothing industry’s future.…

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USA FASHION SUMMIT WORRIES ABOUT AMERICAN GOVERNMENT TRADE PROTECTIONISM



Prospects for trade deals that have underpinned the growth in American clothing and textile imports and exports appear increasingly precarious as the administration of President Donald Trump passes the 300-day mark, participants at a clothing industry conference heard this week.

Concern is especially severe regarding the North American Free Trade Agreement (NAFTA), as indicated by ‘SaveNAFTA’ being the password to access a mobile app provided to attendees at the 29th annual Apparel Importers Trade & Transportation Conference held by the American Import Shippers Association (AISA) and the United States Fashion Industry Association (USFIA) on November 15, in New York City.…

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MEXICO REFORMS AML EFFORTS – BUT VAST SUMS OF DIRTY MONEY STILL SLIP THROUGH REGULATORY CONTROLS



DESPITE significant progress in tightening anti-money laundering (AML) controls within Mexico, and significant progress in fighting the country’s notoriously violent drug traffickers, the fact is that the amount of dirty money laundered in the country remains eye-wateringly high. Despite headline grabbing events such as the arrest and extradition to the USA (in January) of key players like Joaquín ‘El Chapo’ Guzmán – leader of the Sinaloa cartel, underlying problems in Mexican AML policy remain, including budget cuts to AML-related law enforcement and concerns over a weakening of US-Mexico law enforcement cooperation following the election of President Donald Trump amidst anti-Mexican rhetoric.…

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