TURKISH CLOTHING MANUFACTURING SECTOR REBOUNDS FROM COVID-19 CRISIS
August 2nd, 2020
THE TURKISH clothing manufacturing sector says it has struck an accord with major brand buyers who they earlier this year accused of leaving them stranded during the start of the Covid-19 pandemic through contract cancellations, postponements, and payment delays.
This had left Turkish manufacturers with some USD3.5 billion in inventory and orders on hold, sparking action by trade bodies such as the Turkish Clothing Manufacturers’ Association (TGSD), which issued a letter of complaint in the International Textile Manufacturers Federation’s (ITMF) April ...
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