MEXICO CITY — Mexico's textiles and apparel exports surged 10 percent to roughly $2 billion in the first five months of the year as a sluggish peso lured U.S. apparel firms, despite lingering risks from President Trump's protectionist policies."So far the year has been good," said Alfonso Zepeda, general manager of main apparel lobby Canaive's chapter in Guadalajara, Mexico's second-largest city. "Many new U.S. companies are paradoxically looking to increase orders from Mexico because of the peso's decline, especially with those that have modernized their manufacturing technology."Zepeda's comments came even though Mexico stands to lose most from Trump's plan to renegotiate the North American Free Trade Agreement, which is set to begin by Aug. 16, the United States Trade Representative Robert Lighthizer said Thursday. Trump's plan to rewrite the accord could result in higher tariffs for Mexico, hurting its economy.But Zepeda said the slumping peso — which has fallen nearly 50 percent in the past three years — has boosted Mexico's trade with the U.S., to which it sends around 80 percent of its apparel production.Jalisco State — home to Guadalajara — full-package suppliers such as Maquiladora Vivanco, Productora de Paul and Confecciones Santa Fe are benefiting from the trend, Zepeda said.Teenage and quinceañera — a Hispanic tradition celebrating a girl's 15th birthday — clothing-maker Ragazza Fashion is also doing well, as is cowboy shirt brand Camisas Ranger's, he added.He said small and midsize U.S. retailers are increasingly buying denim and more fashionable cotton and polyester-blend "fashion" blouses from Mexico.Meanwhile, the country is working to broaden its trade relations with China as part of plans to wean itself from the U.S. in case NAFTA’s rejig proves harmful. As part of that effort, Mexico City will host the China Homelife fair in mid-June, which 750 Chinese firms are expected to attend, many of them textile and footwear manufacturers."There are opportunities," said Zepeda, adding that some Mexican apparel segments can benefit from cheap Chinese fabrics. "There are 300 manufacturers of bed and other linens that could use Chinese inputs as long as these come at competitive prices."That is a sticking point.In the past, the industry has complained that a flood of sub-valued Chinese imports has dented its fortunes, prompting the government to introduce regulations to stem the tide and tighten its border. But now Mexico may be willing to negotiate new concessions to broaden its Chinese trade, analysts said.Meanwhile, Expo Denim — Mexico's first denim machinery and fabrics fair — will host 60 companies and 90 stands and is expected to attract some 1,500 buyers when it launches in Guadalajara on May 31, said Zepeda, who is also its director.The event hopes to generate more than $20 million in sales as key exhibitors including Spain's Jeanologia, Italy's Oficina 39, France's Lectra and the U.S.' Gerber market their products. Zepeda said laser-finishing technologies and patterning equipment will be among the highlights.Jeanologia will be showing its jean finishing products while Oficina 39 will be marketing its washing and dyeing chemicals, he noted.Mexican denim majors Tavemex, Global Denim, Misutex and sewing machine maker Casa Diaz will also be at the three-day event, which claims to be the largest of its kind in Latin America.Running until June 2, Expo Denim was set up to meet Mexico denim sector's marketing demands unmet by the Intermoda fair, the country's biggest, Zepeda noted.
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)
Breaking News: @hedislimane joins @celine as its new artistic, creative and image director. One of fashion’s preeminent image-makers and trendsetters, Slimane is to join the LVMH brand on Feb. 1 and unveil his first fashion proposition for men and women next September during Paris Fashion Week. It marks a major homecoming for Slimane, who cemented his reputation – and influenced men’s tailoring for more than a decade – as the designer of Dior Homme between 2000 and 2007. He went on to reinvent and ignite the house of Yves Saint Laurent, which he rechristened Saint Laurent, between 2012 and 2016 – all the while maintaining a close relationship with the Arnault family, which controls LVMH and Dior. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
“Personally I believe the Eighties have been the richest and more vivacious period for international fashion,” Giorgio Armani said when asked what his favorite decade of fashion is. It was a moment of disruption and experimentation and only thinking back to the first years of that decade is always an emotion for me, for what they have meant to me and my work.” The influence is clear in @giorgioarmani spring 2018 collection, pictured here, which was full of bright colors and unexpected prints. Read more about which decades designers loved most on WWD.com #wwdfashion #wwddecades (📷: @aitorrosasphoto)
For Lady Gaga’s only Italian show on her “Joanne World Tour,” the singer wore a range of @versace_official outfits. The standout piece: this custom-made bodysuit inspired by the brand’s spring 2018 collection. #wwdfashion (RG: @ladygaga)
@_camillaruth_ is expanding on the wellness-craze concept with @westbourne – a new NYC restaurant that’s both a healthy-minded café as well as a business that gives back to the community. Marcus works with the Robin Hood foundation to give back to The Door, a non-profit providing youth development services, and also hires employees through The Door. Read our full interview with Marcus on giving back through food on WWD.com. #wwdeye (📷: @lexieblacklock)