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.


BLOG

A deep dive to unlocking digitisation's potential

So far, the promise of digitisation in the apparel industry remains largely unfulfilled. But with opportunities for new cheap supplier countries nearly exhausted, it is now seen as offering sourcing e...

BLOG

Kingpins Goes to DC – Watch now

The challenges and opportunities facing today’s textile and apparel industry is also explored in the second in a series of expert panel discussions that is now available to watch on demand...

BLOG

Industry outlook positive but disruptive

How is the global apparel sourcing landscape changing? According to executives at last month’s MAGIC fashion trade show in the US, "speed-to-market," "product differentiation" and "inventory control" ...

just-style homepage



Forgot your password?