Guatemala news and archive

Nextil welcomes Maxum to capital structure, launches circular fashion vertical NextGreen

Madrid – Nextil Group continues its journey towards growth and improved profitability. The Spanish textile multinational has announced a new strategic agreement with US-based Maxum International Group. This binding partnership strengthens existing ties between the two companies. It guarantees support for the launch and growth of NextGreen, a new...

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Business

US to reinstate duty-free benefits for Guatemala and El Salvador imports

The US government has confirmed plans to reinstate duty-free treatment for qualified textile and apparel goods from Guatemala and El Salvador as part of the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). In order to reestablish the agreement, both regions were required to commit to a number of changes regarding...

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Fashion

90 percent of US imported second-hand garments are reused domestically in Guatemala

The global secondhand clothing market doesn’t necessarily carry a good name, as textile waste from developed countries has been disproportionately impacting countries from Ghana and Kenya to Uganda and Nigeria, according to Bank & Vogue. With many third-world countries lacking the proper infrastructure to handle the sheer volume of imported used...

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Fashion

Mayan weavers oppose corporate theft of their patterns

Indigenous women weavers in Guatemala take action against a fashion industry that has been exploiting their culturally significant and often sacred patterns and symbols by copying them and using them for their own commercial purposes. The National Movement of Maya Weavers is made up of around 30 organisations from 18 linguistic communities in...