Home / Knowledge / News / Textiles / Turkish textile firms witness rise in orders
Turkish textile firms witness rise in orders
23
Jan '12
Turkish textile companies have witnessed a 20 percent rise in orders placed with them in recent period.

The weakening of Turkish lira has made Turkish textiles more attractive. Moreover, Turkey has also benefited by the ongoing debt crisis in Europe, which has made brands cautious of placing larger orders in Asian countries.

Experts estimate that 12 leading apparel brands that have offices in Turkey will place orders worth US$ 5 billion this year. This will include a US$ 1 billion order from Zara.

As European retailers prefer to place smaller size orders and look for flexible production, Turkish textile producers are finding themselves at an advantageous position compared to their Chinese counterparts.

Analysts say, the situation may prompt some of the earlier customers like Next and Hennes & Muritz to come back to Turkey and place their orders. These companies have not placed their orders with Turkish firms since 2009.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Mar 2017

European & Asian apparel brands open EBO's in South Korea

Following the success of Japanese brand Uniqlo in the South Korean...

Apparel/Garments | On 23rd Mar 2017

Destination XL reports turnaround in Q4FY17 net income

For the three months ended January 28, 2017, omni channel retailer of ...

Apparel/Garments | On 22nd Mar 2017

Amazon India introduces 'A-Z GST Guide' programme

Amazon India has introduced a programme called 'A-Z GST Guide' to...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

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...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Sanjukta Dutta
Sanjukta's Studio

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

Wendell Rodricks
Wendell Rodricks

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

Yash P. Kotak
Bombay Hemp Company

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

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search