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Modas Garment Factory Shutters in Guatemala, Cascading Effect Feared

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

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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