"Chinese supply chain eyes eastern Turkey
A Hong Kong-based supply chain hopes to cooperate with Turkish manufacturers to lower textile and apparel production costs by moving more manufacturing facilities to Turkey's eastern and southeastern regions.
Despite high production costs, Turkey and its neighbors remain important for Li & Fung in terms of production for Europe, said William Fung, one of the owners of the supply chain, which works with world-renowned brands such as Wal-Mart, Karstadt, Esprit and Armani, and boasts a $12 billion turnover. “Although costs are 20 percent higher, it is possible to produce what is fashionable. This is the preference of our customers, who attach importance to quality and trends,” he added."
More:Chinese supply chain eyes eastern Turkey - 22-Jul-08: Supply Chain article