Blog: Istanbul Fashion Apparel Conference – Day One
Joe Ayling | 5 May 2011
It has been a busy day in Turkey's capital for the opening of the Istanbul Fashion Apparel Conference.
Any doubts about the importance of the country's apparel industry were dispelled by an appearance by Prime Minister Recep Tayyip Erdogan, who opened today's proceedings.
Erdogan made a grand entrance to the auditorium surrounded by a mass security entourage and was quickly swamped by paparazzi.
With just 37 days until the Turkish elections, his speech went beyond the nuts and bolts of the textile industry – also addressing addressing education, debt and rising inflation.
It emerged that Turkey is setting a $500bn export target by 2013, with $60bn to come from clothing alone – up from $15bn a year currently.
The vast majority of Turkey's garment exports are to EU markets, where it enjoys preferential access, but a booming domestic retail market also carries potential for suppliers.
Following on from the PM was the co-CEO of Itlalian luxury brand Loro Piana. Pier Luigi Loro Piana said Turkish brands should focus on the value added by local manufacturing to grow, rather than entering any race to the bottom.
In between sessions we've had enough Turkish tea and baklava to sink a ship, more than taking the edge off the continued dull weather here in Istanbul.
US retail giant Gap Inc has made no secret of the fact that it faced - and continues to face - a number of compliance issues linked to its decision to start sourcing garments from Myanmar/Burma....
To coincide with World Water Week, which kicked off in Stockholm yesterday, the need for better use of increasingly limited water resources has turned the spotlight on the global cotton industry - one...
Inditex-owned fast fashion chain Zara has gone and done it again....
- Improved supplier capabilities benefit Next
- China and Vietnam lead US apparel imports in July
- THE FLANARANT: Understand win-win or lose out
- Next H1: What the analysts say
- US apparel retailers' August 2014 sales roundup
- Hanesbrands axes Costa Rican jobs in Vietnam move
- Philippines gets go-head for EU GSP+ benefits
- TAL Group improves pre-production efficiency
- Apparel fuels global manufacturing downturn
- Brandix selects first "game-changing" innovations
- Wool in the 21st Century: new prospects for a familiar fibre
- Global market review of denim and jeanswear – forecasts to 2020
- Global Database of the Top 1000 Apparel Producers - Company Names, Financial Performance, Key Executives, and Contact Details
- Apparel Market in China to 2018 - Market Size, Trends, and Forecasts
- Global Database of the Top 1000 Cut and Sew Apparel Producers - Company Names, Financial Performance, Key Executives, and Contact Details