The Gross Domestic Product (GDP) of the country, the biggest Latin American fashion market, might close 2019 with an increase between 0.2% and 0.7% according to the last predictions of Bank of Mexico.

The textile, footwear and leather goods industry invested in 2016 a total of 38.7 million euros in machinery to control pollution, according to the last available data of Eurostat.

Trade war between the United States and China, the thread of Brexit and the weakness of Germany are some of the elements that threaten the global economy. 

The uncertainty that has been installed in foreign trade for a couple of years has forced a shift towards mature markets that now show a slowdown in their economies and a break in their retail trade.

The Government of the country has launched a plan to develop its textile industry with the objective of becoming the next textile factory of the planet.

The attack on a major hub of Saudi Arabia’s oil production has shaken up the fashion industry. Short-term, companies fear a rise in logistic prices and, long-term, an even bigger effect on its main raw material: polyester.

Internet has boosted secondhand to a consumption global phenomenon. A market that up until now was secondary, is estimated to become even bigger than the traditional business in five years in the United States.

Forecasts point that exports in November will reach its maximum right before tariff raises planed for mid-December. 

According to an IndexBox report, leather production in United States registered a drop of 12.1% last year.

According to the macroeconomic indicators about the evolution of the economy, industrial production, employment or exports are expected to have a rough end of the year. 

Apparel and leather goods retail in Italy add two months in the rise after downfall in April and May, with drops of 1.3% and 4.9%, respectively.