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 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Urs Stalder
Sanitized AG

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sonam & Paras Modi
SVA

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search