Ivan Castano

More From Ivan Castano

Central American Unions Demand Payment

Government and Trade

EXCLUSIVE: Central American Workers Demand $1.7B in Back Pay From U.S. Firms

Central American unions are launching a campaign to pressure U.S. companies sourcing apparel in the region to pay factories for canceled orders and provide a living wage until COVID-19 abates.

clock May 14, 2020Ivan Castano

Retail

COVID-19 Seen Wiping Out 50 Percent of Brazil’s Fashion Sales

Analysts are expecting steep declines at top retailers, which are rushing to boost e-commerce offerings to offset plunging brick-and-mortar traffic.

clock April 27, 2020Ivan Castano

Zara store

Retail

Inditex Ramps Up Logistic Hubs for Fashion ‘Demand Spike’

The retailer has three main logistic hubs in Spain, located in Madrid, Zaragoza and Arteixo, A Coruña, where it has its global headquarters.

clock April 13, 2020Ivan Castano

Police officers force close main streets of the downtown to cancel non-essential activities due to the COVID-19 health contingencyCoronavirus outbreak, Mexico City, Mexico - 01 Apr 2020

Government and Trade

Mexican Industry Sales Plunge 70 Percent Due to Pandemic

Nearly 320,000 jobs and 8,815 companies are in jeopardy.

clock March 31, 2020Ivan Castano

Mexican trucks that mainly transport automotive products await their turn to access the United States through the Ignacio Zaragoza International Bridge, in Matamoros, Tamaulipas, Mexico, 31 May 2019. Mexican President Andres Manuel Lopez Obrador maintained the offer of dialogue before the announcement by US President Donald J. Trump to impose taxes on all Mexican products if it does not control the migratory flow.Mexico maintains diplomacy with the United States despite the fear of a trade war, Matamoros - 31 May 2019

Retail

Mexican Retailers, Maquilas Face Losses Amid Shutdowns, Lootings

Companies in Latin America are being hit by canceled orders and closures related to the virus as infections begin to grow.

clock March 27, 2020Ivan Castano

Zara

Retail

Spanish Fashion Retailers Face 7B Euros in Losses From Virus

Most shops, including those run by large chains such as Zara, Primark and H&M, shuttered over the weekend as the country imposed a 15-day curfew.

clock March 18, 2020Ivan Castano

Sao Paulo, Brazil

Fashion Scoops

Sao Paulo Fashion Week Canceled

The October event, to mark Sao Paulo Fashion Week’s 25 anniversary, is still expected to take place.

clock March 12, 2020Ivan Castano

Made in Guatemala

Government and Trade

Central America Manufacturers Eye Apparel Delays as Colombia, Brazil Rush to Replace China

Up to 70 percent of apparel shipments could be postponed in the next 30 days amid a shortage of cotton and synthetic yarn and thread to make apparel for U.S. sale.

clock March 5, 2020Ivan Castano

Shipping containers.

Government and Trade

Coronavirus Hits Latin America Apparel Supply Chains

In Central America, where 200 million pounds of yarn thread and fabric are imported monthly to produce apparel, manufacturers are facing $300 million worth of feedstock delays.

clock February 27, 2020Ivan Castano

Axo Buys C&A

Business Features

Mexico’s Axo Adds Heft With C&A, Nike Acquisitions

Axo, a franchiser of top foreign brands such as CK Calvin Klein and Tommy Hilfiger, is engaged in a major buying spree.

clock February 24, 2020Ivan Castano

Government and Trade

Mexico Sets Fashion Transparency Index Amid New Sweatshop Claims

U.K.-based nonprofit Fashion Revolution has revealed plans to roll out its Fashion Transparency Index Mexico 2020 to encourage up to 20 brands and retailers to report their impact on labor and the environment.

clock February 19, 2020Ivan Castano

The Natura store in Rio de Janeiro

Beauty Features

Brazil’s Beauty M&A to Accelerate Amid ‘Difficult’ Year

Natura’s agreement to buy Avon is seen as putting pressure on smaller rivals’ ability to compete in the country’s growing beauty market.

clock February 4, 2020Ivan Castano

Crowds walk through the main mall street in downtown, Porto Alegre, Rio Grande do Sul, BrazilVARIOUS

Retail

Brazil’s Retail Outlook Brightens on Better Economy

Brazil’s Central Bank recently raised this year’s growth forecast to 2.2 percent from a prior 1.8 percent.

clock January 10, 2020Ivan Castano

Beware of the Dog

Retail

Beware of the Dog Chain Bucks Mexican Retail Slump 

Fast-fashion retailer Cuidado con el Perro, or Beware of the Dog, owned by the Kalach textiles group, is forecast to register growth of 10 percent in 2019.

clock January 2, 2020Ivan Castano

Mexican trucks that mainly transport automotive products await their turn to access the United States through the Ignacio Zaragoza International Bridge, in Matamoros, Tamaulipas, Mexico, 31 May 2019. Mexican President Andres Manuel Lopez Obrador maintained the offer of dialogue before the announcement by US President Donald J. Trump to impose taxes on all Mexican products if it does not control the migratory flow.Mexico maintains diplomacy with the United States despite the fear of a trade war, Matamoros - 31 May 2019

Government and Trade

Mexico, CentAm Industry Shrinks Amid Volatility, Trade Jitters

As approval of the new USMCA trade deal nears, the textile and apparel sectors in Mexico and Central America are coming off a tough year.

clock December 12, 2019Ivan Castano

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