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Textiles

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Textiles

As Peso Weakens, Mexican Firms Boost Exports

As falling oil prices and growing political scandals take the shine off Mexico’s economy, its volatile currency has slid to 15 per dollar compared to about 12 per dollar about a year ago.

Financial

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American Apparel

Financial

American Apparel Faces Tough Set of Challenges

American Apparel Inc. is teetering on the edge of chaos. And if that in itself is nothing new, this time around the retailer’s facing an unusually thorny set of challenges on multiple fronts.