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Reuters

Argentina's fashion industry buckling as Chinese fast-fashion soars

Reuters · 16 days ago
Reuters
Reuters
16 days ago

Argentina's textile and apparel sector is entering one of its worst downturns in decades, battered by ultra-cheap imports - many from Chinese fast-fashion platforms - that are flooding the market.

Breakdown
  • Argentina's textile sector faces its worst downturn in decades 30s
  • Cheap Chinese fast-fashion imports flood the market 36s
  • Government reduced tariffs and relaxed e-commerce rules 52s
  • China's share of textile imports rose to 70% by 2025 2m 3s
  • Textile sector cut 16% of workforce since 2023 2m 18s
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