Turkish manufacturers have in recent years shifted their clothing production up-market as China's dominance grew globally. So several well-known brands started discussions for production of new seasonal items in Turkey," said Hadi Karasu, head of Turkish Clothing Manufacturers' Association (TGSD). "As manufacturing costs levelled between China and Turkey, some European firms were (already) considering shifting orders towards here," Karasu said. "According to our calculations some 1% of orders will (now) be shifting to Turkey initially which could amount to $2 billion." "There are clothing retailers asking around for prices and products in Turkey after the coronavirus outbreak," Gultepe said.

Source: bd News24 February 07, 2020 17:15 UTC