They leave the country Wrangler and Lee, two traditional brands of jeans

"The company considers that the Central and South America region is not a priority for its activities", they ensured company to the site minutouno.com.

According to company sources, "We have sought to optimize the region's long-term business in order to reach consumers more effectively, focusing on growth, brand building, and commercial and financial performance." In this context, it is decided to restructure the company ".

For that "The decision was made to finalize the activities in Argentina in 2019".

According to the website, "the 200 employees who work in the company have already been informed and most of them will be unemployed from March ".

VF will also reorganize its operations in Chile and in Brazil, although there, unlike Argentina, negotiations continue with their activity.

The variants will "Licensing and distribution to strategic alliances with local and regional partners".

In dialogue with minutouno.com, the leading textile SME Raúl Hutin, Secretary of Central Entities and member of Fundación Pro Tejer, focused on the collapse of sales. "There is no domestic market, who are you going to sell to?"he asked.

"The textile crisis is very deep, the last index is for the month of November, with 43.7% of the installed capacity, that is to say that about 100 machines produce one. not 56. Machinery and factories are stopped.It is down since December and January was catastrophic.It is better to go on vacation than to keep the factory open.he concluded.