Home / Knowledge / News / Textiles / Vicunha to begin denim production in Argentina
Vicunha to begin denim production in Argentina
04
Feb '11
Vicunha – the Brazilian Textile company and one of the biggest manufacturers of denim fabrics, has announced that it would start denim production in Argentina. This would reduce Argentina's dependence on imports of denim fabrics from plants in San Pablo, Rio Grande do Norte and Ceará.

In a statement issued by the company to the Stock Exchange of St. Paul, this announcement was made which states that a deal was inked between Vicunha and San Juan Ullum Group for manufacturing denim fabrics in Argentina.

The operation of the company in Argentina will be directed by means of its subsidiary – Brastex SA. The Brazilian Group ventured into Argentina way back in 1989 and so far had been operating through their Brazilian plants.

Vicunha sourced 85 percent of denim fabrics from its plants located in the states of Ceará, Rio Grande do Norte and San Pablo in Brazil. The rest of the 15 percent was manufactured domestically and was acquired by means of outsourcing arrangements with plants in Argentina.

The company's intention to start denim production in Argentina is a part of its strategy to globally expand its business. As part of this strategy, it has also installed a plant in Ecuador and opened an office in Switzerland. Apart from these, the company also made an announcement to establish a distribution centre to cater the needs of the Mexican market.

With the beginning of denim production in Argentina, Vicunha is looking forward to compete with other Brazilian textile giants, which have already started their operations in Argentina such as Santana Textiles and Alpargatas Santista under Camargo Correa.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: American & Efird

Textiles | On 20th May 2018

A&E introduces Repel

American & Efird (A&E), a global leader in industrial sewing thread...

Archroma working with House of Denim Foundation

Textiles | On 20th May 2018

Archroma working with House of Denim Foundation

Archroma, a leader in colour and specialty chemicals, has joined...

Courtesy: Amazon

Textiles | On 20th May 2018

Amazon opening first fulfillment centre in Tucson

Amazon.com is opening its first fulfillment centre in Tucson, which...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Anshul Sood
Oceedee

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

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giorgio Mantovani
Corman S.p.A

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search