Worldview | Buenos Aires Fashion Week Holds Firm Despite Manufacturing Woes
This week’s round-up of global markets fashion business news also features India’s cash-for-gold boom, Brazilian denim giant Vicunha and Cettire’s turbulent year in Australia.
The 2027 Spring-Summer edition of Buenos Aires Fashion Week continued as planned despite challenges in Argentina's textile and apparel manufacturing sector. Irsa, the organizer behind the event, reported record attendance at La Rural in the Argentine capital, with crowds reaching up to 2,500 on some days during the event held from August 24 to 28. Chief marketing officer Gastón Manganiello of Irsa noted that the venue capacity was consistently met throughout the week.
The fashion industry in Argentina is grappling with declining demand and the influx of low-cost imports, particularly from Asia. Additionally, the impact of President Javier Milei's economic reforms, such as strengthening the peso and reducing red tape, has inadvertently led to an increase in contraband, including counterfeit and illegally imported clothing, which is fueling the sector's woes.
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