Several global apparel buyers, including Newlook, Near East Manufacturing, Colveta, Hermes Otto and Varnern, recently announced that they would increase their orders from Turkey by about 20 per cent. The announcement came at the Turkish Clothing Manufacturers’ Association’s (TGSD) 5th Procurement Strategies and Prospects Panel meeting in Istanbul. Apparel exports of $17 bn would increase to $18 bn this year, and would reach around $25 bn in five years, TGSD Chairman Hadi Karasu told the meeting.
Karasu and top domestic textile sector players stressed the importance of environment-friendly and quality production to make the rise in demand sustainable, according to a report. Country Manager Hayrettin Uysal of Colveta, which every year purchases 40 mn euro worth products from Turkey, said the company plans to raise that figure to 65 mn euro within five years.
Hermes Otto wants to raise purchases from Turkey to over 100 mn euro in 2018, a 7 per cent growth. Verner, a major buyer, will also reportedly increase its apparel order from Turkey, currently 55 mn euro, by 5-10 per cent this year. Near East Manufacturing will increase its $100 mn order by 10 per cent.
