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The North Face moves 80% of production from Türkiye to cut costs
Yahoo Finance· 2025-09-16 11:39
A report from Türkiye Today claims The North Face has shifted 80% of its production as a result of escalating costs in Türkiye. These costs have reportedly doubled compared to those of competitors in the Far East. Gelisim Tekstil, previously The North Face's second-largest global producer and its largest within the EU, is allegedly preparing to see a drastic reduction in business. The company will now only get orders valued between €4m ($4.6m) and €5m from The North Face, down from approximately €30m, ac ...