Home / Knowledge / News / Apparel/Garments / 'China now a high potential market for Mexican clothing'
'China now a high potential market for Mexican clothing'
29
Jun '13
The Chinese market represents a high potential market for premium clothing made in Mexico, because the Chinese consumers with high purchasing power now prefer American and European brands.
 
The growing middle and upper classes in China have enough money and are now buying more at stores that offer products of American and European clothing brands, said Patricia Medina, CEO of Aztex Trading, during an event related to Intermoda Mexico, which is to be held from July 16-19, 2013, in Guadalajara, Jalisco, Mexico.
 
Last year, Mexico’s clothing exports to China are increasing, and there is still good scope for increasing Mexican share in Chinese clothing imports, the business woman said.
 
Although Mexico’s main clothing item is jeans, the country also produces casual clothes such as jackets, shirts and woolen clothing like suits and coats.
 
For the value-added Mexican apparel industry, China is no longer a headache, instead both the countries can now become partners, according to experts, who cite the return of high-quality global apparel brands like Polo Ralph Lauren, Ermenegildo Zegna and Adolfo Dominguez to Mexico during the past two years.
 
Europeans buy American quality goods that are produced in Mexico and then sell them in the Chinese market, where the tag ‘Made in Mexico’ is well-received, Ms. Medina said.
 
During the first three months of 2013, Mexico exported US$ 1.8 million worth of clothing to China, showing an increase of 163 percent year-on-year, according to the data from the National Chamber of the Apparel Industry (CANAIVE).
 
In 2012, Mexico’s apparel exports to China grew 25 percent year-on-year to US$ 2.9 million, representing five percent of Mexico’s total garment production during the year.
 
Intermoda, the International Fashion Trade Show in Mexico, is the most important fashion industry event in Mexico, held twice a year in January and July. Over the years, the event has got international recognition and it sees participation of apparel firms from countries like Argentina, Colombia, Peru, Spain, Chile, the US and India, among others.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Yash P. Kotak
Bombay Hemp Company

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

Rupa Sood and Sharan Apparao
Nayaab

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

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
March 2017

March 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