Fashion
Turkiye ends retaliatory tariffs on several US goods initiated in 2018

The list of covered products include cars, fruits, rice, tobacco, alcoholic beverages, solid fuels and chemical products.
Turkiye has announced terminating retaliatory tariffs imposed in 2018 on several US imports in response to US tariffs on steel and aluminium imports enacted during President Donald Trump’s first term.
The decision followed talks with the US and consultations within the WTO framework.
Ankara has, however, not retaliated against the US decision in August to impose a 15-per cent tariff on Turkish imports.
The Presidential decree was published in the country’s official gazette.
“Following positive negotiations with the US and consultations within the framework of WTO [World Trade Organisation] Dispute Settlement Mechanism reports, the additional financial obligations applied to imports of certain US-origin products have been terminated,” domestic media quoted the Turkish Trade Ministry as saying.
President Tayyip Erdogan is scheduled to attend the United Nations General Assembly in New York this week ahead of a meeting at the White House with Trump.
Ankara has, however, not retaliated against the US decision in August to impose a tariff rate of 15 per cent on Turkish imports.
Turkiye will continue to work towards meeting an existing goal of $100 billion in annual two-way trade with the United States, it said. Trade volumes between the two countries stood at roughly $30 billion last year.
Fibre2Fashion News Desk (DS)
Fashion
American brand Gap Inc appoints UMPG CEO Jody Gerson to its board

A trailblazer in global music and entertainment, Gerson brings more than three decades of leadership at the forefront of culture, where she has championed creativity, inclusion, and innovation. As the first female CEO of a major music publisher and the first woman to chair a global music company, she has transformed UMPG into a creative powerhouse for songwriters and artists worldwide.
Gap Inc has appointed Jody Gerson, chairman and CEO of Universal Music Publishing Group, to its board of directors, effective immediately.
Gerson, a pioneer in music publishing, is expected to strengthen Gap’s “fashiontainment” strategy by connecting culture and commerce, amplifying brand resonance, and supporting CEO Richard Dickson’s vision for Gap’s creative renaissance.
“Jody is a cultural force in her own right,” said Richard Dickson, President and CEO of Gap Inc. “Her insights into fashiontainment – our platform at the intersection of fashion, music and celebrity – are unmatched. At Gap Inc., we’ve always believed that style is a form of storytelling, and Jody’s ability to amplify voices and shape cultural moments will be invaluable as we continue redefining what it means to be an iconic, purpose-led house of brands.”
“Jody’s ability to connect culture and commerce is exactly what makes her such a dynamic leader,” said Mayo A. Shattuck III, Chair of the Board, Gap Inc. “Her vision and creativity will help us strengthen our brands’ resonance with the next generation of consumers.”
Since joining UMPG in 2015, Gerson has led the signing of globally influential artists including Adele, Harry Styles, Kendrick Lamar, SZA, and Coldplay, and spearheaded landmark acquisitions of the renowned Bob Dylan, Neil Diamond, and Sting catalogs. She also serves on the boards of the USC Annenberg Inclusion Initiative, the Rock & Roll Hall of Fame, Ancestry.com, Project Healthy Minds and the National Music Publishers Association, and is a co-founder of the nonprofit She Is The Music.
“Gap Inc. has long been a cultural icon, bridging fashion, music, and identity. I’m honored to join Gap Inc.’s Board of Directors and excited to bring my perspective and experience in the creative industries to the table. Equally, I’m energized to support Richard Dickson’s vision and draw inspiration from Gap’s remarkable renaissance as a brand that’s become synonymous with the culture of music,” said Gerson.
Gerson’s appointment comes on the heels of Gap’s viral success with music driven fashion campaigns, such as “Better in Denim” featuring the global pop group Katseye, which garnered over 400 million views, 8 billion impressions, and became the #1 TikTok search. Her expertise across industries is critical to the company’s long-term strategy and she will help reinforce the company’s commitment to maintaining a diverse and dynamic Board.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
Fashion
Homebody launches Waltons-inspired kidswear, debuts with Harrods pop-up

Published
September 23, 2025
1970s wholesome family television series The Waltons is the inspiration behind sustainable sleepwear and loungewear brand Homebody’s latest childrenswear collection.
And the launch is also marked by a pop-up at luxury department store Harrods which features ‘Mini-Me’ versions of some of the brand’s best-loved adult silhouettes.
Why The Waltons? The series, epitomised by its ‘Goodnight Jon Boy’ catchphrase, “captures the nostalgia of togetherness and bedtime rituals”, we’re told.
The collection, ‘made for moments of calm’ features Homebody’s “special recipe” signature Modal sens fabric, woven using Lenzing’s responsible fibres and made in England and developed exclusively by the brand “to enhance the sleep experience”.
Its palette is split into two moods: Cool & Classic in soft blues, washed denim, and navy stripes and white with styles including the Stripe PJ Top, Wide-Leg PJ Trousers, and The Home Tank; while Warm & Grounded features earth-inspired shades of calico, umber and desert appearing in the Panel Tee and Vacation Shorts.
Also included are the Edwardian-inspired Nightdress and Dusty Pink PJs.
Designed for ages 4-16 years, the collection is available online at homebody.co.uk and Harrods, with prices ranging £165 to £210.
In its accompanying mission statement, Homebody said it has pledged “to help rebuild a manufacturing base in the UK and to forever challenge ourselves on how we do business.
“We are passionate about revitalising the British clothing manufacturing industry, investing in our community and fostering our next generation of talented makers. At Homebody we have a fully traceable manufacturing process that begins with the sustainable Lenzing fibres and finishes with the softest most luxurious Modal imaginable”.
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Fashion
Global export growth eases in Q2 2025 amid US tariff pressures: Fitch

An example of this trade volatility is shown by US imports in Q1 2025 and Q2 2025, when volumes increased 30 per cent year-over-year (YoY) in March but then contracted to -2.8 per cent YoY by June, as highlighted in the latest ‘Fitch-20 Economic Monitor’.
With an average US effective tariff rate of 16 per cent, it expects global trade to slow further in the coming months. At a regional level, export volumes in the two months to June slowed in advanced economies and China but recovered in Korea and Australia. Exports from Mexico, a major trading partner of the US, were flat in Q2, Fitch said in its non-rating action commentary.
The global trade volumes fell in Q2 2025 after a Q1 surge driven by importers front-loading ahead of US tariffs, according to Fitch Ratings.
US import growth slowed from 30 per cent YoY in March to 2.8 per cent in June, with the average effective US tariff at 16 per cent.
Exports weakened in advanced economies and China, while India’s imports rebounded 11 per cent after a sharp Q1 decline.
Import growth slowed sharply in Brazil from 16 per cent in Q1 2025 to 4 per cent in Q2 2025, as past monetary tightening continues to weigh on domestic demand. In India, import volume growth rebounded from almost -13 per cent YoY in Q1 2025 to 11 per cent YoY in Q2 2025, while in Mexico it was flat.
Fibre2Fashion News Desk (SG)
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