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Modas Garment Factory Shutters in Guatemala, Cascading Effect Feared

Today's fast-moving fashion industry demands an agile, consumer-led retail model, but how do you get there? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

MEXICO CITY – More than two dozen Guatemalan apparel factories could close this year as suppliers seek cheaper production outposts in Nicaragua, Haiti or Vietnam, top executives said. “We could lose another 20 to 25 factories of the 200 we have,” said Alejandro Ceballos, president of leading apparel chamber Vestex. “Guatemala specializes in high-value apparel…

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