Saturday, December 14, 2024
spot_img
spot_imgspot_img
HomeTechnical ArticlesSaudi Arabia’s recent ban on Turkish-made clothing is escalating competition in global fashion markets

Saudi Arabia’s recent ban on Turkish-made clothing is escalating competition in global fashion markets

saudi-ban-on-turkish-goodsA de facto Saudi ban on Turkish products is a sign of the escalation of competition between regional forces among global fashion markets. The effect of restrictions has however been minimized by Mango, which has almost 50 stores in Saudi Arabia. This is not a major problem according to the brand because of the diversity and versatility of production and is sure of continuing business in Saudi Arabia in ordinary circumstances.

H&M from Sweden said it was too early to comment on the trade restrictions that we recently communicated and their relevance for our business. British Marks & Spencer and Inditex of Spain, which have Turkish goods even and Saudi Arabia shops, refused to comment. Saudi Arabia recently prohibited all imports of Turkish products from Boohoo, a UK-based online retailer that aims to expand in the Middle East. Whether Turkish-made clothing will be affected is a consequence. Turkish goods have been met during the past month by lengthy delays in Saudi customs. The issues have been perceived by firms as an effort to blame the nation for what they see as its destabilizing interventions in the Arab world by Riyadh and his near ally, the United Arab Emirates.

YOU MAY ALSO LIKE

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement - spot_img

Join Our Weekly Newsletter

spot_img

Upcoming Events

 

Simillar News

Recent Random

Kingfisher Fashion Wear Ltd. Implements Skylark Soft Limited’s Woven ERP to Transform Garment Manufacturing

Dhaka, December 2024 – Skylark Soft Limited, a premier provider of ERP solutions for the textile and apparel industries, has partnered with Kingfisher Fashion...

ITMA ASIA + CITME, Singapore 2025 Expands Exhibition Space to Accommodate Strong Response

Exhibition sector plan launched ITMA ASIA + CITME, Singapore 2025 has received overwhelming support, surpassing the show owners’ expectations with a 30 per cent increase...

JBCCI demands relaxing financial regulations

On Tuesday, December 10, 2024, the Board of Directors of the Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) held a courtesy meeting with H.E....