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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.
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.
As per apparel company filings by GlobalData, mentions of "recycled" keyword have fallen even though it continues to be a domineering theme.
The fashion industry is waking up to a new dawn with new laws tackling human and environmental rights head on.
Top stories last week on Just Style included EU circular textiles strategy putting European fashion sector at risk, among others.