textile industry
- Turkiye
Turkiye’s Retail Sales Rebound in January, Led by Electronics and Home Appliances
The annual increase in retail sales accelerated again in January after hitting a five-month low in December, driven mainly by…
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Turkiye’s Textile and Apparel Sectors Face Employment Decline Amid Economic Pressures
Employment in Türkiye’s textile and apparel sectors shrunk to 959,395 with 65,581 job cuts in 2024, marking a return below…
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Turkiye, Egypt targeting $15 billion trade volume with new cooperation
Türkiye and Egypt are targeting $15 billion in trade volume with recent developments between the two countries’ political and diplomatic…
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Turkiye’s Textile Industry Faces Crisis Amid Rising Costs and Export Challenges
Once a leader in Türkiye’s export economy, the Turkish textile sector is now grappling with a severe crisis, exacerbated by…
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Turkiye’s Manufacturing Sector Sees Capacity Utilization Drop in January: Central Bank Data
The capacity utilization rate (CUR) in the manufacturing sector declined from 75.8 percent in December 2024 to 74.6 percent in…
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European Brands Push Turkiye’s Textile Industry to Shift Production Abroad
President of the Turkish Clothing Manufacturers Association (TGSD), Ramazan Kaya, stated that European clothing brands are pressuring Türkiye’s textile industry…
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Turkish Firms Hit Record Bankruptcy Risk as Top Companies Seek Concordatum
Some 1,723 Turkish companies, including prominent ones, requested bankruptcy protection as a result of outstanding debt stocks, surpassing the previous…
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Turkish-Egyptian Textile Cooperation Thrives as Akay Factory Boosts Jeans Exports from Port Said
Turkish Ambassador to Cairo Salih Mutlu Şen visited the Akay ready-made garments factory in Port Said, which produces one of…
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Basefy Invests in Myth AI, a Domestic AI-Powered Pattern Design Technology Firm
Basefy aims to expand innovative solutions in technology and innovation by investing in Myth AI, which develops AI pattern design…
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ITM 2024
36th International Textile, Spinning, Knitting, Weaving, Dyeing, Printing, Finishing, Hosiery Machines, Related Industries and Chemicals Fair 04/06/2024 @ 8:00 am…
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