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Italian Apparel Labels May Launch Production In Armenia

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  • Italian Apparel Labels May Launch Production In Armenia

    ITALIAN APPAREL LABELS MAY LAUNCH PRODUCTION IN ARMENIA

    Fibre2fashion.com
    Sept 12 2013

    September 12, 2013 (Armenia)

    Italian high-fashion apparel labels such as Versace, Prada, Armani
    and Moschino may launch apparel production in the Armenian state of
    Nagorno Karabakh Republic (NKR), following a meeting with the prime
    minister, Mr. Arayik Harutyunyan.

    The Italian companies are expected to become part of a textile
    industry complex in Artsakh region, for which the building of the
    former Gharmetakskombinat textile enterprise is being reconstructed.

    The new industrial sites will be provided to the Italian companies,
    which have proposed setting up of production facilities in the
    Armenian state.

    The prime minister said this is the first cooperation of NKR with
    famous brands and it is one of the most important projects for Artsakh
    in the field of light industry.

    >From January to July 2013, Armenia produced 1,409 million pairs
    of knitted garments and hosiery, showing a rise of 37.7 percent
    year-on-year.

    Textiles sector was one of the 11 sectors identified by the Armenian
    Government in December 2011, as a part of its export-oriented
    industrial policy. Subsequently, in 2012, Italian lingerie brand La
    Perla invested in Armenia.

    http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=152025

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