New government plans to save Argentina’s textile industry

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Argentina’s textile industry relies on a new policy to reflate the sector. According to Satadaya, sewing trade union, textile industry employed up to 1.5 million people from 2007 to 2015 (under Fernandez de Kirchner’s mandate) against 700,000 currently, with revenues of US$10 billion, being 50% below than a decade ago.

Government is said to already have outlined a plan to allow apparel industry produce 157 million pieces in 2020, +5% from 2019. If some luxury brands are waiting for i

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