We Have Seen Many Crises…

Article Writer: Karat Medya Editor-in-Chief Murat Arslan

Source: Garment News Issue 2

We are all aware that the textile and ready-to-wear sector is going through one of the most difficult years in its history in 2023 due to the recession in the world, increasing costs in Turkey and the exchange rate under inflation. Many organizations affected by this downward trend are either declaring concordat or closing their shutters. Not to mention the loss of employment in the sector… So is this going to continue?

For 35 years, I have been a publisher in the textile industry. In every content we have prepared, we repeatedly talked about crises. We also discussed export breakouts. We have experienced together that Turkey rises from the ashes in the face of every difficulty. Like we know how to get stronger from every economic and political blow throughout history, I am sure that sector professionals will get out of this economic shake that makes everyone tremble with a difference. Recessions are actually the best opportunity for high leaps. In this tight period, when everyone is closed in, focusing on turning their wheels with small and cautious steps, innovative ideas that will catch the gap in the market will achieve success. It’s time to tighten your belt a little more and embark on new investments. In order to stand out, identifying unexplored export routes and producing high value-added products in line with the needs of the customer seems to be the only way out of this crisis.

In this issue, we have included especially the credits provided by banks to exporters and the sectoral evaluations of the presidents of associations. The textile and ready-to-wear industry has absolutely no reason to not overcome this crisis as well. I would like to share with you a quote I recently heard from one of my favorite sector officials, “When a person is born, he is wrapped in swaddling clothes, and when he dies, he is wrapped in a shroud. As long as human beings exist, the textile industry will continue to exist.”

Sincerely,