cpi wind helps raising ready-to-wear exportation in 2011
Delivering a speech at the press conference organized to announce cpi, which will take place on February 2-4, 2011, at Santralistanbul, in parallel to Istanbul Fashion Week, Hikmet Tanriverdi, president of Association of Istanbul Ready-to-wear Clothing Exporters (IHKIB), said that cpi was the new global face of the Turkish fashion.
Underlining the fact that over 100 percent increase in exportation in alternative markets confirms the appropriateness of the course followed, Hikmet Tanriverdi, President of IHKIB, said:
With the cpi wind, we will raise the exportation in ready-to-wear industry to 16-17 billion dollars in 2011.
Remarking that Turkey, constantly increasing its organization power, realizes independent but complementary events such as cpi, Istanbul Fashion Week and Shopping Fest, Tanriverdi said that the current understanding had paved the way for national economy.
collection premiére istanbul (cpi), Turkey's only fashion fair, gathers all members of the industry ranging from designers to brands, large-scale purchasing committees to international fashion circles in Istanbul.
cpi, organized by Istanbul Textile and Apparel Exporter Associations (ITKIB) with the cooperation of IGEDO, one of the world's largest fair organizations based in Germany, will bring together Europe and Middle East in Istanbul.
cpi, IFW and ISF complement each other
Pointing to the fact that the Turkish fashion industry, along with Turkey, has developed rapidly in recent years, Hikmet Tanriverdi said: “Turkey has improved especially its organizational skills above expectations. The cpi, Istanbul Fashion Week and Shopping Fest triangle clearly shows this fact. We witness that these events, although carried out independently, actually complement each other, paving the way for Turkey. When we think of the Turkish fashion industry as a whole, cpi represents the manufacturing leg, IFW the fashion and design leg, and Shopping Fest the retail leg.”
Hikmet Tanriverdi emphasized that the workforce problems and wage rises in the world's leading ready-to-wear clothing manufacturers, particularly China and Bangladesh, had canalized the orders from EU and the US to our country, and continued:
“When we look over the developments in the global fashion industry, we see that Turkey is lucky in many respects in spite of several internal negativities. Benefiting from this tendency, cpi enables us to talk about higher figures when setting our export targets.
We expect that the ready-to-wear clothing exportation will reach 14.5 billion dollars by the yearend. With the positive atmosphere to be created by cpi, we believe that in the field of ready-to-wear clothing we will realize an exportation worth nearly 16-17 billion dollars in 2011.
However, in order to achieve this figure, we think that the high manufacturing costs should decrease and the negative effects on exportation stemming from the hot money pressure on the exchange rates should diminish.