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Exclusive: Shock as Tegra to Shutter Nicaragua, Honduras Factories

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Tegra Global angered garment workers in Nicaragua and Honduras over the weekend after revealing plans to shut two key activewear factories by May, axing 5,200 in the economically fragile region. “They claim they are closing because of a financial and technical reorganization but what they want is to move production to El Salvador so they…

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