The sector has shed about ***,*** jobs and lost nearly $* billion in export revenues over the past three years, according to the Istanbul Apparel Exporters’ Association (IHKIB), as soaring costs, currency instability and waning European demand erode its global competitiveness.
What has for many years been a powerhouse of affordable, high-quality production is fast becoming a case study in how shifting trade dynamics and economic pressures can unravel an industry’s success story.
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