Turkey’s ready-to-wear sector badly affected by devaluation of TL against foreign currencies

Turkey’s ready-to-wear sector badly affected by devaluation of TL against foreign currencies

Fashion Show in Turkey   While the export-supporting effect of the depreciation of the Turkish Lira is discussed, the Turkish clothing sector has been facing difficulties recently. Ready-to-wear sector has been able to meet its needs locally, due to depreciation of TL in years. While annual imports of related goods approached 3 billion dollars More...

by BTT | Published 6 months ago
Turkey is reported to be the second largest textiles supplier for EU countries
By BTT On Saturday, March 31st, 2018

Turkey is reported to be the second largest textiles supplier for EU countries

Turkish Textile Company – BusinessTurkeyToday.com Textile is known to be among the most important production sectors in Turkey as it provides the greatest added value to the country, with positive contribution More...

By BTT On Sunday, September 10th, 2017

Towel exports from Turkey to USA increases by 23 percent to US$ 55 million

Towel exports made from Denizli to the USA reached 55 million dolars with an increase of 23 percent in the 8 months period. Based on data provided by DENİB (Denizli Exporters’ Association) in the first seven More...

By admin On Thursday, January 30th, 2014

Turkish footwear industry.. The second in Europe after Italy

Turkish footwear industry exported a total of 56 million pairs of shoes to 60 countries across the world in 2009. Turkey was the ninth top producer in the world with its total production of 200 million pairs of More...

By admin On Wednesday, December 4th, 2013

Textile: Turkey, Among Top 3 Producers in the World

Turkish ready-made clothing industry ranks in the fifth place in global arena after China, Hong Kong, Italy and Germany. It is the second in Exports to Europe after China. In Turkish ready-made clothing industry More...

By admin On Sunday, July 22nd, 2012

Boyner Holding returns its 50 percent shares back to Benetton

Boyner Holding has transferred its 50 percent stake in Benetton Giyim to the Benetton Group, according to a company statement issued July 20. The deal is subject to the approval of the Competition Board in Turkey, More...

By admin On Monday, July 16th, 2012

Turkish textile retailers heading for the Gulf markets

Turkish retailers are branching out in the Middle East in an attempt to widen their international presence and establish themselves as global brands. While a number of brands have had to shut down shops in Europe More...

By admin On Saturday, May 19th, 2012

Ready-wear firms growing interest in investing in Turkey

Ready wear firms have been swaying production towards Turkey of late. According to Ahmet Eren, “Burberry has already shifted a portion of production to Turkey. After the incentives package, Lacoste and H&M More...

By admin On Sunday, March 18th, 2012

Turkish shoe company Zilan acquires world famous Lumberjack

A local shoe company has acquired Lumberjack, the world famous Italian brand, a top executive of Ziylan Group told daily Hürriyet on March 16. Ziylan Group, the owner of the rapidly growing FLO shoe stores chain, More...

By admin On Thursday, March 1st, 2012

Turkish fashion designers to exhibit new collections in Paris

Three Turkish fashion designers will exhibit their new collections in Paris, France, repored the Anatolia news agency. Hüseyin Çağlayan, Hakan Yıldırım and Arzu Kaprol are among the designers who join the More...