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Posted on: April 29th, 2008
Filed Under: [ Business ] [ Top Stories ] [ Style ] [ Blogante Business ]
Mexican makers of the guayabera shirt, elegant business wear across tropical areas of Latin America, are feeling the heat as Asian competitors grab more of the lucrative U.S. market.
A handful of factories have closed in recent years in the state of Yucatan, the home of Mexico’s guayabera industry, as Asian producers copy the shirt and sell it at cut-rate prices in high-volume markets like Texas, California and Florida, business owners say.
“The arrival of guayaberas from Asian countries has lowered our production,” said Lourdes Rodriguez, head of the clothing business chamber in Yucatan.”*
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