TR Monitor

HUGO BOSS TO BOOST PRODUCTION AND EMPLOYMENT

•perating in the Aegean Free Zone in Izmir, the ready-made clothing company Hugo Boss will increase production capacity and employment with new investments in the country. The firm will manufacture 500,000 units of crewneck and polo t-shirts this year and two million units next year with new investments, according to Arif Kaya, Managing Director of Hugo Boss Tekstil Sanayi. Hugo Boss will employ nearly 1,000 people by the end of next year, he said. “We will eventually employ 4,500-4,600 people if we capitalize on the estimated growth in sports products,” said Kaya. The company plans a EUR 4m investment for the next year. “We’ll increase the annual production capacity to 4.5 million units next year with the new investment and to 7 million in two years in the sportswear category and our share in global production will exceed 40%,” said Kaya.

WEEK IN BRIEF

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2021-09-27T07:00:00.0000000Z

2021-09-27T07:00:00.0000000Z

https://trmonitor.pressreader.com/article/281556588976895

NASIL BIR EKONOMI MEDYA HABER BASIN A.S. (Turkey)