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

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Paolo Ocleppo
Sandvik Hyperion

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


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