TURKEY, CHINA AND SOUTH KOREA REMAIN EUROPEAN KNITWEAR BRANDS’ KEY SOURCING SWEETSPOTS
August 1st, 2016
EUROPEAN Union (EU) knitted fabric importers are continuing to focus their sourcing overwhelmingly on Turkey, China, and South Korea, according to data released by the European Apparel and Textile Confederation (Euratex). With their low production costs, fabric expertise, and advantageous free trade agreements, these countries offer key benefits as a sourcing destination.
“Turkey and China are clearly competitive markets as they still have low production costs. Furthermore, the EU is taking advantage from the Customs Union Agreement with Turkey and from the ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.