×
1 949
Fashion Jobs
FOREO
E-Key Account Manager
Permanent · London
FOREO
Marketing Manager
Permanent · London
VF INTERNATIONAL
Warehouse Trainer And Instructor
Permanent · COALVILLE
OUTSIDE THE BOX RECRUITMENT
Account Manager Kidswear
Permanent · LONDON
THE KOOPLES
Regional Manager London
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Digital Marketing And e Commerce Manager
Permanent · LONDON
ESTÉE LAUDER
Estee Lauder - Consumer Campaign Email Marketing Executive
Permanent · London
VF INTERNATIONAL
Warehouse Area Manager
Permanent · COALVILLE
NEW BALANCE
Marketing Director, Emea
Permanent · Warrington
EASTPAK
Credit Controller - French Speaking - Eastpak
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - German Speaking - The North Face
Permanent · CALVERTON
CONFIDENTIAL
Regional Manager London
Permanent · LONDON
ESTÉE LAUDER
la Mer - Business Manager - John Lewis, Cribbs Causeway - 37.5 Hours - Full Time, Permanent
Permanent · Bristol
VF INTERNATIONAL
dc Inventory Control Supervisor
Permanent · COALVILLE
ESTÉE LAUDER
Clinique - Consultant - Boots, Enniskillen - 10 Hours - Part Time, Permanent
Permanent · Enniskillen
SHISEIDO
Account Manager Bareminerals - House of Fraser, Cheltenham
Permanent · Cheltenham
ESTÉE LAUDER
Clinique - Consultant - Browns, Beverley - 12 Hours - Part-Time, Permanent
Permanent · Beverley
ESTÉE LAUDER
Clinique - Consultant - Boots, Metro Gateshead - 16 Hours - Part Time, Permanent
Permanent · Gateshead
ESTÉE LAUDER
Clinique - Consultant - Boots, Derby - 10 Hours - Part-Time - Permanent
Permanent · Derby
ALTRA
Sales Representative
Permanent · LONDON
MICHAEL KORS
Sales Supervisor (40 Hours) - Milton Keynes
Permanent · MILTON KEYNES
SHISEIDO
Nars Account Manager - John Lewis High Wycombe (37.5 Hours)
Permanent · High Wycombe
Advertisements
By
Reuters API
Published
Feb 8, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Turkish clothes makers see orders shifting from coronavirus-hit China

By
Reuters API
Published
Feb 8, 2020

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion (£1.55 billion).


Photo: Shutterstock - Photo: Shutterstock



An outbreak of the newly-identified coronavirus has killed 637 people in mainland China, where it is believed to have started, prompting many factories to suspend operations until next week or later as authorities try to contain its spread.

Polish fashion retailer LPP has said it is in talks with factories in Turkey, Bangladesh and Vietnam as a backup plan if Chinese production delays continue.

Turkish manufacturers have in recent years shifted their clothing production up-market as China's dominance grew globally. But the outbreak has sent some European companies back to Turkey, the officials said.

"Purchasing managers and designers can't go to China due to coronavirus worries and travel restrictions. 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).

Rising Chinese manufacturing costs and a 36% slide in the value of the Turkish lira in the last two years, on the back of a currency crisis in 2018, has already made Turkey an affordable option, Karasu added.

"As manufacturing costs leveled between China and Turkey, some European firms were (already) considering shifting orders towards here," Karasu said.

"China has some $170 billion ready-to-wear exports," he added. "According to our calculations some 1% of orders will (now) be shifting to Turkey initially which could amount to $2 billion."

Turkey exported some $17.7 billion ready-to-wear products last year. Any rise could help the import-heavy economy keep a lid on its current account deficit and hit the government's ambitious 5% economic growth forecast this year.

Mustafa Gultepe, head of the Istanbul Apparel Exporters' Association (IHKIB), said the sector has capacity to take on additional orders as both new and existing clients increasingly contact Turkish factories.

"There are clothing retailers asking around for prices and products in Turkey after the coronavirus outbreak," Gultepe said.

"I think the impact of the outbreak will continue for 5-6 months...and I think there will be a major shift from China that we will see after May," he added.

 

© Thomson Reuters 2021 All rights reserved.