Home / Knowledge / News / Apparel/Garments / Syria expects $70mn export deals at Fashion Fair in Beirut
Syria expects $70mn export deals at Fashion Fair in Beirut
04
Feb '14
courtesy: The Daily Star/Mahmoud Kheir
courtesy: The Daily Star/Mahmoud Kheir
Syrian garment manufacturers, who showcased their products at the just-concluded three-day Syrian Fashion Fair in Lebanon’s capital city of Beirut, are expecting to secure US$ 70 million worth of export deals, according to Lebanese newspaper The Daily Star.
 
The Fashion Fair was an attempt by Syrian garment and textile manufacturers to revive their war-devastated industry. Clothing became a cornerstone in the Syrian export economy, as part of the country’s efforts to diversify the country’s economy and reduce dependence on oil. But, three years of conflict forced many manufacturing facilities to close.
 
Although accurate figures are not available, Firas Takialdine, vice president of the Syrian Garments and Textiles Exporters Association, estimates that around 70 percent of the country’s garment production facilities were either destroyed during the conflict years or have now become non-operational.
 
The war has also damaged agriculture, leading to a shortage of cotton. But, textile and apparel manufacturers are optimistic of rising again from the ashes, according to Mr. Takialdine.
 
Several Syrian clothing and textile manufacturers have relocated to Egypt and Turkey, while many others are opting to downsize and shift to safe areas in Damscus, the capital of Syria, as conditions are now favourable.
 
The Syrian Fashion Fair, held from February 1-3, 2014, was the second to be held in Beirut, following the success of the first fair in mid-September 2013, which resulted in trade deals worth $50 million, mainly from the Gulf and Libyan customers.
 
Syrian apparel, especially kidswear and lingerie, have become highly competitive due to the decrease in the value of the Syrian pound and the cost of labour, in the post-war period.
 
The Fair was sponsored by the Syrian Garments and Textiles Exporters Association, along with the Export Development and Promotion Agency, the Syrian Exporters Federation and the private Islamic Cham Bank.
 
About 95 Syrian companies from Damascus, Aleppo and Homs participated in the three-day fair, compared to participation of 62 firms in the first-edition of the fair last year.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Aug 2016

China may increase pilot cross-border e-com cities

Cross-border e-commerce is becoming a new driving force of China’s...

Textiles | On 26th Aug 2016

Vigorous global competition challenge for EU textile firms

Vigorous global competition is among the main challenges for the...

Apparel/Garments | On 26th Aug 2016

Japan’s clothing imports down 7.1% in H1 2016

In the first six months of 2016, Japan’s clothing and accessories’...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
August 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search