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

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Urmil Arya

Sushila International, a well established textile organisation established ...

Giorgio Mantovani
Corman S.p.A

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mike Hoffman
Gildan Activewear SRL

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search