It may be “Brazil”s year,” but the country’s textiles and apparel industry isn’t celebrating.
Asian imports continue to soar, flooding Latin America’s largest economy with pirated and undervalued garments that local brands can’t compete with. Furthermore, key export markets are shrinking, particularly to neighboring Argentina, which continues to favor protectionist policies to protect its volatile economy.
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)