Vestex

Inflation to hit Costco's profit

Costco warned that its current quarter's earnings will be well below Wall Street hopes as inflation, particularly from energy costs, clouds the discount retailer's outlook. The warning comes as the industry braces for more difficult times. Costco shares slid.> Fuente: The Wall Street Journal

Caucus pushes for China Monitoring

The House Textile Caucus is mobilizing an effort to convince President Bush to start monitoring apparel imports from China for the rest of this year.> Fuente: Women's Wear Daily

Inflation to hit Costco's profit

Caucus pushes for China Monitoring

The House Textile Caucus is mobilizing an effort to convince President Bush to start monitoring apparel imports from China for the rest of this year.> Fuente: Women's Wear Daily

Textiles esperan recuperar exportaciones

Los empresarios del sector vestuario y textiles esperan un escenario positivo para los prÃ³ximos seis meses. A pesar de que varias empresas del sector han cerrado operaciones, las Ã³rdenes sÃ estÃ¡n llegando a las empresas nacionales y esperarÃan cumplir su meta de alcanzar $1,500 millones en exportaciones, aseguran los directivos de la ComisiÃ³n de Vestuario y Textiles (Vestex) de la AsociaciÃ³n Guatemalteca de Exportadores (Agexport).>Fuente: Siglo XXI

Acuerdo de Asociacion con Europa podria retardarse

La negociaciÃ³n del Acuerdo de AsociaciÃ³n con Europa podrÃa tardar mÃ¡s de lo previsto y terminar a finales del 2009, mientras que su entrada en vigor podrÃa ser hasta en el 2014.>Fuente: Prensa Libre

Oil prices expected to increase cost of synthetics

High global oil prices and their domino effect on the costs of materials used to manufacture synthetic fibers such as polyester, viscose rayon and nylon are expected to intensify pressure on producers to pass on the costs. Source: Women’s Wear Daily

China loses its competitive edge in clothing

China is losing its competitive edge in textiles and clothing, according to a new report by Textiles Intelligence. Not only is it facing mounting costs on several fronts, but new sources of supply in Bangladesh, Cambodia and Vietnam mean many buyers will not return to China when safeguard quotas are removed at the end of this year. Source: Just-Style.com

China loses its competitive edge in clothing

Oil prices expected to increase cost of synthetics