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."
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)