Home / Knowledge / News / Apparel/Garments / Downturn forces apparel sector to seek new markets
Downturn forces apparel sector to seek new markets
10
Nov '09
The textile and apparel export in Turkey is struggling very hard to counter the impact of the economic downturn in its global markets. Merter is one of those apparel manufacturing bases in Turkey which has witnessed a 30 percent fall in exports to its major markets.

Merter district which is located in Istanbul, exports most of its apparel goods to Russia, which is also reeling under the weight of the global recessionary trends and in order to overcome the slowdown in orders, apparel manufacturers of Merter are now looking for new markets.

These exporters are now eyeing the African markets as well as the lucrative Middle East markets by concentrating on Sudan and Iraq, along with which they are also focusing on branding and increasing variety to minimize effects of the contraction in global demand.

The clothing manufacturing companies are preparing to hold a apparel and fashion trade fair in Baghdad in February under the banner of the Merter Industrialists' and Businessmen's Association (MESIAD) and will also send a delegation to Sudan to seek opportunities.

The aim of the exercise is to increase total exports to the two countries to US $3.5 billion by 2010 from the current level of nearly $2 billion. The Turkish textile and apparel sector is representing itself in Iraq for the first time.

Sudan is one more market which has not been explored till date and the demand from the womenfolk who wear dresses which requires up to five metres of fabric material sounds salivating for the fabric manufacturers of Turkey.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 21st Aug 2017

Turkish apparel exports fall 6.11% in H1 2017

Apparel exports from Turkey declined by 6.11 per cent in the first...

Textiles | On 21st Aug 2017

Liaoning Bora picks LyondellBasell’s PP & PE tech

Liaoning Bora Petrochemical Co., Ltd has selected LyondellBasell’s...

Courtesy: Top Value Fabrics

Textiles | On 21st Aug 2017

Top Value Fabrics brings in latex performance textiles

Top Value Fabrics has expanded its textiles for latex printing with a ...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Yash P. Kotak
Bombay Hemp Company

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search