Turkish clothing brand LC Waikiki (LCW) has placed an order with Iranian firm Ronak Jean to produce garments labeled ‘Made in Iran’ and plans to manufacture €20 million worth of garments, most of which will be exported to the Turkish firm’s regional branches. The joint project is estimated to create about 5,000 jobs in Iran. Manufacturing started a few months back.
The Turkish company has been in negotiation with Iran’s ministry of cooperatives, labour and social welfare and the ministry of industries, mining and trade for the past eight months, according to Iranian media reports.Turkish clothing brand LC Waikiki has placed an order with Iranian firm Ronak Jean to produce garments labeled 'Made in Iran' and plans to manufacture €20 million worth of garments, most of which will be exported to the Turkish firm's regional branches. The joint project is estimated to create about 5,000 jobs in Iran. Manufacturing started a few months back#
Planning and implementation of next phases depend on the result and success of the first phase, but the ultimate goal is the establishment of an independent apparel factory in Iran by LC Waikiki.
All exports will be done under the parent company’s supervision and management.
LC Waikiki was launched in France in 1988. After 1997, it operated as a Turkish brand under the umbrella of LC Waikiki Magazacilik Hizmetleri Ticaret A.S.
Fibre2Fashion News Desk (DS)
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