TURKEY’S CLOTHING AND TEXTILE SECTOR REBOUNDS
September 1st, 2010
BY PAUL COCHRANE
TURKEY'S clothing and textile sector has rebounded this year on the back of strong sales to Europe and emerging markets, with clothing exports up 11% to US dollar USD9.5 billion as of August 2010, and textile exports reaching USD4.1 billion, up 23% on 2009.
"Last year was a disastrous year, with clothing exports down 23%. This year we're recovering, exports are up, but 17% below 2008 and 10% below 2007," said Mehmet Kumbaraci, (NOTE - SPELLING IS CORRECT) director general of the Turkish Clothing Manufacturers Association (TGSD). (NOTE ...
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