Search Results for: Turkey

Turkey’s rocky political situation following the failed military coup of July 15, the following massive purges and recurring terrorist bombings may have a negative effect on the country’s large textiles sector, experts are warning.

“It’s likely to lead to some uncertainties, obviously, in the general economy,” Turkey-born economist Ozan Şakar, of managing director of London-based Descartes Capital.…

KNITTING production is likely to move away from its long-time Chinese production base and move closer to “home”, Lutz Walter, secretary general of the European Technology Platform for the Future of Textiles and Clothing (ETP) – the largest European textiles research and innovations network – told Knitting International at the 12-13 October ‘European Textiles: Going Digital – Going High-Tech’ conference in Brussels.…

TURKEY’S carpet sector continues to thrive according to recent trade data, with the industry association saying the sector was not harmed by the recent attempted military coup against the elected government.

According to recent figures from the European Apparel and Textile Confederation, Euratex, Turkey was once again Europe’s leading supplier of carpets in 2015, with a 3.5% year-on-year increase in sales from 2014, to EUR378 million last year.…

THE OILS and fats business has always been international, with its commodities and the products made from them, being traded worldwide. And as a result, the companies involved have always had to pay attention not just to the regulations of the country were they manufacture or source, but those of importing and transit countries.…

COTTON

Cotton maybe one of the most popular fibres for clothing and accessories because of its universality, timelessness, and availability, but this past year has shown that the fibre is not immune to volatile economic markets. World cotton production fell by 17% to 21.65 million tonnes in 2015-2016, the lowest volume since 2003-2004, according to the International Cotton Advisory Committee (ICAC).…

EUROPEAN Union (EU) customs authorities seized five million more counterfeit products at the bloc’s borders in 2015 than the year before, with China the originating country for 41% of these fakes, the European Commission’s latest annual report on the problem reveals.…

SOUTH Asia’s growing personal care product sector is of increasing importance to international brands, with growing middle classes among vast populations creating a honeypot market with consumers, many accustomed to English-language marketing.

As the region’s hub and overwhelmingly most populous country, India’s beauty and personal care industry will generate sales worth USD13.3 billion in 2016, growing by 14.2% year-on-year, according to UK-based market research firm Euromonitor International.…

Russia is ready to lift the existing embargo on the imports of food and agricultural products from Turkey imposed last year after diplomatic relations between the two countries soured following the shooting-down of a Russian fighter jet last November (2015). Arkady Dvorkovich, Russia’s first deputy prime minister.…

BIG marketing stunts can boost sales of technical textiles and maybe one of the biggest examples in Europe this year was created by world renowned artists Christo. He created ‘The Floating Piers’ on Lake Iseo, near Brescia, in northern Italy.…

FOOD and drink manufacturers based in Britain face a risk that their exports to the European Union (EU) will attract duties now the UK government has confirmed it will push ahead with leaving the EU following the June 23 Brexit referendum result.…