While Global Oil Sales Soar, Pemex Has Lowest Output Ever
Pemex officials at the start of 2022 promised that the company would produce a minimum of 2.6 million barrels daily throughout the year
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A Drop in Sales
Read moreBimbo: First Mexican Company to Suspend Sales in Russia
By THE PULSE NEWS MEXICO STAFF While the administration of Mexico’s leftist president, Andrés Manuel López Obrador (AMLO), refuses to take any diplomatic or commercial stance against Russia for its invasion into the sovereign nation of Ukraine, Mexico’s leading bread company, Grupo Bimbo, announced Monday, March 14, that it will suspend all sales and future investments in Russia. Bimbo is
Read moreFootwear Expo Set to Open in León, Guanajuato
By THÉRÈSE MARGOLIS The 86th edition of Sapica, Mexico’s largest footwear and leather goods expo, is set to open at the Poliforum in the central city of León, Guanajuato, on March 8, with more than 2,000 shoe brands participating. León is Mexico’s shoe-making capital, producing about 80 percent of all footwear made in the country. The three-day event, which is
Read moreMexican Exports Down 4.6 Percent in August
By THE PULSE NEWS MEXICO STAFF Mexico’s total exports amounted to $39.632 billion in August, representing a drop of 4.58 percent compared to the previous month, its biggest drop in 15 months, according to seasonally adjusted data from the National Institute of Statistics and Geography (Inegi). The nation’s imports also decreased in August to $42.829 billion, down 3.36 percent compared
Read moreMercado Libre Set to Invest $1.1 Billion in Mexico
XINHUA The Argentine e-commerce sales company Mercado Libre announced on Tuesday, April 6, that it will invest $1.1 billion in Mexico in 2021, mainly to expand its warehouse facilities amid an increasing demand generated by the covid-19 pandemic. The general director of Mercado Libre México David Geisen explained in a virtual conference that the investment for 2021 is the largest
Read moreThe Runway Rundown
Comfort Is Key By KELIN DILLON The global coronavirus pandemic has vastly changed the landscape of fashion as we know it, from the comfort of our very own homes. Zoom meetings have removed the necessity of dressing to impress, as participants can only see each other from the waist up. Gone is the need to wear towering high heels, tightly
Read more10 Years of Online Fashion in Mexico
By THE PULSE NEWS MEXICO STAFF Privalia, the largest online store in the country, is celebrating its 10th anniversary in Mexico. Founded in Spain in 2006, Privalia set up shop in Mexico is September 2010 under the slogan “Your Daily Fashion Outlet,” pioneering the offer of online high-end clothing and accessories as a virtual outlet store. It also offers luxury
Read moreNew Vehicle Sales in Mexico Up for Fourth Month in a Row
XINHUA New vehicles sales in Mexico rose 5.75 percent in August compared to the previous month, climbing for the fourth consecutive month amid the covid-19 pandemic, official figures showed Wednesday, Sept. 2. Sales reached 77,092 units in August, compared to 72,897 in July, the National Institute of Statistics and Geography (Inegi) said. Vehicle sales plunged to 34,903 units in April,
Read moreRetail Sales in Mexico Up 7.8 Percent in June
XINHUA Retail sales in Mexico rose 7.8 percent in June compared to May, the National Institute of Statistics and Geography (Inegi) reported on Friday, Aug. 21. Sales of wholesale products grew by 11.1 percent in June, their first positive result in three months. The deputy governor of the Bank of Mexico, Jonathan Heath, explained that the figures released by the
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