By Ceyda Caglayan
By Ceyda Caglayan
ISTANBUL, Feb 7 (Reuters) – A number of style retailers that manufacture clothes in coronavirus-hit China are in talks with Turkish corporations about shifting manufacturing to Turkey, two sector officers advised Reuters, with one predicting new orders value as much as $2 billion.
An outbreak of the newly-identified coronavirus has killed 637 folks in mainland China, the place it’s believed to have began, prompting many factories to droop operations till subsequent week or later as authorities attempt to include its unfold.
Polish style retailer LPP LPPP.WA has stated it’s in talks with factories in Turkey, Bangladesh and Vietnam as a backup plan if Chinese language manufacturing delays proceed.
Turkish producers have lately shifted their clothes manufacturing up-market as China’s dominance grew globally. However the outbreak has despatched some European firms again to Turkey, the officers stated.
“Buying managers and designers cannot…