Home / Knowledge / News / Apparel/Garments / Argentine kids' wear traders urge govt to regulate informal markets
Argentine kids' wear traders urge govt to regulate informal markets
20
Oct '11
Argentine traders engaged in kids' wear have urged the Central Government to regulate retail sales of all informal markets like “Feria de La Salada” so as to ward off any unfair competition.

Members of the Argentine Chamber of Baby and Child Clothing Industry (CAIBYN) claimed that the domestic textile industry is being badly hit by informal retail sales market as prices offered by these markets are at times around 400 percent less than those charged by stores and shopping malls for the same products.

The informal market traders can afford to sale goods at such low price as they engage in illegal practices like tax evasion, corruption and slave work, the Chamber claimed.

CAIBYN Head Víctor Hugo Benyakar forewarned that there is large scale corruption involved in operations of La Salada, which is South America's largest black market, and the Government has to make a choice whether it wants to follow an industrial country model or just fill the coffers of some individual.

He even stressed that while clothing entrepreneurs in Argentina bear taxes, employees' benefit expenses and other service charges, those operating in La Salada only pay rents for their shops.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search