Spring Near East opens Istanbul base
ISTANBUL - Anatolia News Agency
Turkish Clothing Manufacturers Association’s Negrin (L), Davies, founder of Next (C) and Esra Taşören (2nd right) of Spring Near East pose for the cameras. Company photo
Two of the world’s largest firms in apparel procurement and manufacturing, India-based House of Pearl and PDS Group, have opened a European arm to provide services to famous fashion brands in Istanbul.The grand opening of Spring Near East Manufacturing was initiated by Cem Negrin, the head of the Turkish Clothing Manufacturers Association (TGSD), and George Davies, dubbed a “serial brand creator” and “the leading fashion visionary.” Davies founded Next in the 1980s, George at Asda in the 1990s, and FG4, a children’s fashion brand.
Spring Near East Manufacturing has made $50 million worth of procurement in its first year and aims to increase it to $240 million by 2015. The target for this year is $90 million. Its market is predominantly the Middle East, providing product development, procurement, manufacturing, logistics and financing services.
“The fact that House Pearl and PDS Group, which are among world’s biggest procurement groups, have opened their European branch in Istanbul presents the power of Turkey,” said Esra Ercan Taşören, the general manager of Spring Near East Manufacturing.
Spring Near East provides services to global brands
Spring Near East provides services to global brands such as Top Shop, Zara, Tesco, Next, Sainsbury’s, George and Bershka from design to manufacturing, said Taşören, adding that they have been active in Turkey for about a year.
The company has assumed a multi-central office function as Istanbul is close to both Europe and the Middle East, accessible to countries such as Morocco, Egypt and Turkmenistan, she said.