“This is the worst crisis in more than 40 years”: the stark diagnosis of the owner of two historic brands in the textile sector

Ricardo Kuchikian, CEO of the historic textile brands Cocot and Dufour, described the current economic downturn as the worst crisis the company has faced in over 40 years of operation, dating back to 1982. The executive stated that the severe drop in domestic consumption has created an industry scenario even more critical than the challenges experienced during the COVID-19 pandemic.

In a separate incident in the Buenos Aires metropolitan area, a passenger train operating on the San Martín line was targeted by gunfire on Friday afternoon. The attack occurred along the route near the Pinazo stream, close to the Sol and Verde station in the district of José C. Paz. According to reports from the state-owned operator Trenes Argentinos, the shots did not result in reported impacts on the train.