Brands Leaving Turkey for Various Reasons

Some people who want to take advantage of the opportunities in the market especially after the economic crisis periods. giant brands started to step into Turkey however, there were some who had to leave our country due to many reasons such as wrong marketing strategies, stores opened in wrong locations.

When we shop or see their advertisements on television or on boards. based abroad we don’t see most of the brands anymore. Here are some of these brands:

The world-famous clothing brand Topshop stepped into our country in the early 2000s.

A very popular brand in Turkey; not reaching the expected turnover, exchange rate differences He had to completely end his adventure in our country due to various reasons.

C&A is one of the popular brands not only in our country but also all over the world with its affordable price policy and quality products.

He decided to leave the Turkish market, which he entered in 2007, in 2016 and transferred its stores to DeFacto. The biggest reason why the brand left Turkey was the decision to continue its growth policies in European countries.

It was one of the giants that entered the Turkish market after the crisis in our country in the early 2000s.

Famous for its underwear, La Senza is compared to Victoria’s Secret. La Senza, which was very popular in a short time; additional taxes on imports, He decided to withdraw from Turkey because of the high exchange rate and the rents received in dollars or euros.

Tesco, one of the largest supermarket chains in the world, started to operate in Turkey by purchasing Kipa in 2003.

Headquartered in England, the company closed all its stores in Turkey in 2016 due to its increasing debts. to Migros and withdrew from our country.

Electro World opened its first store in Turkey in 2007 with great expectations.

The brand, which sells technological products, started its operations in 2013. 9 million pounds of damage (TRY 25.859.700 at the exchange rate at that time), the Turkish technology stores chain opened all its stores in the same year. to Bimeks sold it.

Honda entered Turkey in 1992 by signing a partnership agreement with Anadolu Group.

The world-famous automobile brand has started to produce automobiles in its factory in Kocaeli Gebze since 1997. However, the problems experienced in the electrification field in the automotive industry in 2019, low production and sales volume It has decided to close its factory in Turkey due to

German cosmetics chain Douglas is one of the leading brands in Europe with hundreds of branches in 26 countries.

The company that opened its first store in Turkey in 2006; increased competition, increased costs, political events in our country ceased its operations.

Bestbuy opened its first electronics store in Europe in 2009 in Turkey.

In 2011, due to the fact that it could not achieve the desired market share and profit against companies such as Mediamarkt, Darty and Teknosa. transferred its stores to Teknosa and withdrew completely from the country.

Conforama, which opened a furniture and home products store in Turkey, is one of the least remaining brands in our country.

Conforama, the French furniture and household products chain, which entered the Turkish market in 2013, could not achieve the profit and success it expected in our country. only lasted a year.

One of the most discussed brands leaving our country: PayPal

The departure of PayPal from our country, which enables secure shopping or sending money to any person over the Internet, with or without a credit card, has been much discussed. In 2016, he made a statement to the Banking Regulation and Supervision Agency. denial of license application ceased its operations. In fact, he was “forced to leave”.

Shopping giant eBay entered the Turkish market in 2011 by purchasing the majority shares of GittiGidiyor.

The company, which cannot achieve what it wants in the increasingly competitive environment in the market, in September 2022 He closed GittiGidiyor and withdrew from Turkey.

‘Toys R Us’, which opened its first store in Turkey in 1996, adorned the dreams of every child.

‘Toys R Us’, one of the biggest toy shops, has both worldwide debts and Debts to the Turkish market In 2008, it closed all its branches in our country.

The giant company started to close all its branches around the world gradually from 2017, and filed for bankruptcy. It is said that the brand, which continues to sell online, will reopen its stores in certain places, especially in the USA.

Other important brands withdrawn from Turkey:

• Diasa
• darty
• Chevrolet
• cnbc-e
• TNT
• MTV Turkey
• Glovo
• Rock’n Coke

Which brand do you regret leaving our country or that you think should be on this list? Do not forget to express your thoughts in the comments.