GAP Güneydoğu Tekstil (Calik Holding)

www.calikdenim.com

---

Keresteciler Sitesi, Fatih Caddesi Ladin Sok, No.17 34169 Merter Istanbul, Turkey
+90 212 459 2626
+90 212 677 4117

---

Contact

Mr. Onder Oksuz, General Manager

ooksuz@calik.com

List of Senior Management

• Mr. Ahmet Calik, Chairman of the Board
• Mr. Ali Cüreoglu, Board Member (formerly Factory Operations Manager)
• Mr. Ertuğrul Gürler, Vice Chairman
• Mr. Onder Oksuz, General Manager
• Mr. Ayhan Demirci, Manager of Sales and Marketing
• Mr. Celal Erkus, Production Manager
• Mr. Nadir Kocyigit, Research and Development Director
• Mrs. Buket Tasdogan, QC / IT / Administration Manager

History of Company

Textiles are the traditional and core business area in which Calik Holding got its start and form which it originally grew.

Today Calik Holding is acknowledged to be one of the world’s leading manufacturers of high-quality denim cloth, which it supplies to customers around the world. Calik Holding is engaged in a variety of textile manufacturing and trading activities from raw cotton to ready-to-wear garments.

The Group’s textile production activities are conducted at its facilities in Turkey (Malatya) by GAP Guneydogu Tekstil and in Turkmenistan by its subsidiaries in said country by Turkmenbashi Textile Complex, Turkmenbashi Jeans Complex, Serdar Pamuk Egrici Fabrigi, and Serdar Altin Asir Textile Complex, as well as in various sites all around the world through contracted enterprises engaged in contract manufacturing in various locations for a number of other labels.

Bottleneck conditions of local and international markets in textile haven’t affected the Group’s total sales in this business line; declining sales in domestic markets were compensated with increased export figures. GAP Guneydogu Tekstil’s operating income reached USD 12 million in 2007.

Calik Korea is a representative agency that provides logistics and was founded in South Korea’s capital city Seoul in 2007. This office provides services to Japan, South Korea, China and other Far East countries.

Rich product line, strong market position

GAP Guneydogu Tekstil offers its customers a rich line of products ranging from denim fabric to yarns and from gabardine to ready-to-wears. Keeping a close eye on world fashion trends, the company’s ability to diversify and balance its product line gives it an important competitive advantage.

In order to keep its competitive advantage in textile sector, the Group makes use of new opportunities with its wide knowledge and experience and supports its growth with new investments.

Despite the adverse impact due to competition originating from Far East in recent years firms like GAP Guneydogu Tekstil that manufacture high quality products have been able to hold their market shares and even increase their sales volumes.

In 2004, GAP Guneydogu Tekstil, which is one of the world’s leading textile companies, began to produce high quality gabardine production as a result of increasing demand for gabardine fabrics. The company established its competitive power in global fabric market with this development. In 2007, company’s gabardine sales increased 50 % like the year before as gabardine sales made to the world famous brands ran up.

The company works with world’s leading brands and added many new names to its customer portfolio in 2007 such as Diesel Kids, Replay Kids, Mexx, H&M, Levi’s USA, Calvin Klein, G-Star, Tommy Hilfiger and Ecko Red.

GAP Guneydogu Tekstil’s goal is not just to compete but to maintain its reputation as the ‘most wanted and preferred’ producer of fabrics by enforcing to its product differentiation strategy.

Systematic investment policy supports growth

Construction of Egypt Ready-to-Wear plant was completed and production was started in 2007. This facility will be an important venture from such standpoints as raw materials, labour, market and geography. Additional investments will continue and the factory is planned to work with a higher capacity in March 2008. Sub-productions are made through the organization in Egypt.

Focused on growth and branding...

Calik Holding determined to strengthen its position in global market by making use of its superior knowledge and experience in textile sector, its ability to transform customer demand into products, and its state-of-the-art production competencies.

One of the most important advantages of the Group in textile sector is its ability to develop and deliver high added value products that shape the fashion trends, particularly in denim wear. The Group works with a big design team both in Turkey and abroad.

Calik Holding aims to expand and strengthen its brand. In line with this objective the Group is currently focused on developing new partnerships in Far Eastern markets which has a great commercial potential and making direct sales in North Africa and North America markets. As a component of its growth strategy in denim and ready-to-wear clothing sectors, the Group plans to increase the volume of its sales and develop new business connections in Tunisia, Morocco, Algeria and Iran along with Egypt.

The Group is willing to make use of new opportunities and support its growth with new investments in order to increase its competitiveness in textile sector.

Operations

• Spinning (19,200 spindles and 4,232 rotors)
• Denim Fabric (2 weaving mills: Malatya - 42 million meters and TJK mill in Turkmenistan - 15 million meters)
• Denim Garment (3 mills: 1,2 million pcs in Turkey, 1,2 million in Egypt and 3,6 million in Turkmenistan)

End Products Supplied

• Yarns
• Denim Fabrics
• Denim garments