Textile Sector: Apparel officials say the new taxes are squeezing the industry, which is among Turkey s biggest employers, supplying heavyweight European brands such as H&M, Mango, Adidas, Puma and Inditex.
Turkey s clothing makers face rising costs from push to help textile sector devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Turkish clothing manufacturers, the third-largest suppliers of apparel to Europe, face higher production costs and risk falling further behind their Asian rivals after the government hiked taxes on textile imports, sector leaders say. Ankara raised tariffs by 30-100% on hundreds of incoming textile products last week, aiming to support local yarn and fabric manufacturers that appealed for support against a wave of cheaper imports.
Turkey s clothing makers face higher production costs middle-east-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middle-east-online.com Daily Mail and Mail on Sunday newspapers.