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Latin American Makers Scramble to Stem Losses as Brands Scrap Orders

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Latin America’s textile and apparel makers are struggling to cut losses as U.S. and European fashion brands cancel or postpone orders as the coronavirus pandemic slows retail around the world. “We are in a critical situation,” said Eric Levy, vice president of Mexico-based Cavalier Fashion Group, which makes suits for Tommy Hilfiger and its own…

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