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Turkey's clothing makers face rising costs from push to help textile sector, ET Retail

Textile Sector: Apparel officials say the new taxes are squeezing the industry, which is among Turkey s biggest employers, supplying heavyweight European brands such as H&M, Mango, Adidas, Puma and Inditex. ....

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Turkey's clothing makers face rising costs from push to help textile sector

Turkey's clothing makers face rising costs from push to help textile sector
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

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Türkiye's Clothing Makers Face Rising Costs from Push to Help Textile Sector

Turkish clothing manufacturers, the third-largest suppliers of apparel to Europe, face higher production costs and risk falling further behind their Asian rivals after the government hiked taxes on textile imports, sector leaders say. Ankara raised tariffs by 30-100% on hundreds of incoming textile products last week, aiming to support local yarn and fabric manufacturers that appealed for support against a wave of cheaper imports. ....

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Turkey's clothing makers face higher production costs

Turkey's clothing makers face higher production costs
middle-east-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middle-east-online.com Daily Mail and Mail on Sunday newspapers.

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Apparel companies upbeat on demand revival, Retail News, ET Retail

Apparel Companies: One of the largest apparel manufacturers Arvind s chief strategy officer Samir Agarwal told analysts a fortnight back that the inventory correction cycle, which was playing out for the last 2-3 quarters, has tapered off and its customers have begun fresh buying discussions. "Although they are going to buy in small lots and closer to the actual demand, those discussions have resumed," he said. ....

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