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Turkiye ends retaliatory tariffs on several US goods initiated in 2018

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Turkiye ends retaliatory tariffs on several US goods initiated in 2018



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 in office.

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)



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Canada Goose sets up shop on Champs Élysée, aspires to become global luxury brand

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Canada Goose sets up shop on Champs Élysée, aspires to become global luxury brand


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November 9, 2025

On the other side of the Atlantic, Canada Goose has set up shop on France’s most famous shopping avenue, in a brand-new 300-square-metre boutique. Located at 71–73 Avenue des Champs Élysées, on the corner of Rue Lincoln, the space aims to be innovative, sitting at the crossroads of retail, art and the Canada Goose ethos.

Canada Goose arrives on the Champs-Élysées – Canada Goose

Inaugurated at the end of October, the boutique features a metallic DJ set-up, two white sound bars, vases filled with plum hydrangeas, conifers and bulbs, and grey pouffes inspired by quilted jackets. Wood-panelled walls complement metal pedestals holding books and archives from the brand’s Canadian headquarters, displayed at the front of the boutique.

A tribute to the Inuit people, pioneers of the parka

Dubbed “Le Foyer”, this entrance was conceived as a transition between the bustle of the outside world and the brand’s world made tangible. The entire boutique is the result of the work of Anne-Rachel Schiffmann, an interior designer at the multidisciplinary Snøhetta studio, in collaboration with the brand. Another distinctive feature is an engraved wall by Inuit artist Ningiukulu Teevee, a tribute to the people behind the first parkas.

The space was designed by the Snøhetta studio
The space was designed by the Snøhetta studio – Canada Goose

Elsewhere in the store, down jackets, jumpers, sweatshirts, sunglasses, trainers, cross-body bags, beanies and caps are arranged along the walls across two levels of the white, grey and wood-accented boutique. A few pieces are set out on tables, like samples.

International ambitions

Canada Goose’s presence in Paris is growing. As well as a presence at high-end retailers such as Galeries Lafayette, Printemps and La Samaritaine, the brand has established its creative atelier in the city. Led by Haider Ackermann, who joined in 2023, the atelier employs thirty people working on product design and development.

The Canadian label aspires to become a global luxury brand
The Canadian label aspires to become a global luxury brand – Canada Goose

With this latest European milestone, the brand aims to become the first Canadian luxury house of truly global stature. At the end of November, the brand will also open a boutique in Milan on Corso Giacomo Matteotti. Beyond Europe, the Canadian company recently announced its goal of entering the Middle East market. Worldwide, Canada Goose now operates more than seventy directly operated stores, and 80% of its sales are direct-to-consumer.

A diversified and growing offering

Canada Goose, historically specialised in cold-weather clothing, is diversifying in response to climate change. Launched in 2015, its spring products such as fleeces, knitwear and garments are enjoying sustained annual growth. The brand also launched a line of eyewear in 2025.

The brand remains specialised in cold-weather clothing
The brand remains specialised in cold-weather clothing – Canada Goose

Recently the subject of takeover rumours, Canada Goose remains within the Bain Capital fold, which holds a 60.5% stake. 

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Holiday 2025 season sparks festive fashion campaigns from Prada, Coach, Mulberry and more

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Holiday 2025 season sparks festive fashion campaigns from Prada, Coach, Mulberry and more


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November 9, 2025

’Tis the season for holiday campaigns, and luxury fashion’s frontrunners are embracing togetherness, nostalgia, and a touch of winter fantasy for Holiday 2025. From Prada’s automobile winter journey to Mulberry’s British celebration, here’s how the industry’s biggest names are making the season shine.

Mulberry 

Mulberry Holiday 2025. – Mulberry

Mulberry returns to its British roots with a festive campaign, entitled “Here We Go Round the Mulberry Tree”. In a series of documentary-style videos and stills, the campaign stars Penelope Tree and Cora Corré in a joyful gathering beneath the Mulberry Tree, spotlighting new season styles like the Lennox, Mini Heritage Bayswater, and reimagined Roxanne bags.

Prada

Prada Holiday 2025.
Prada Holiday 2025. – Prada

Prada’s cinematic holiday campaign, captured by Glen Luchford, follows Maya Hawke, Damson Idris, Letitia Wright, Louis Partridge, and Li Xian on an automobile winter journey. Stills celebrate the holiday period as time of kinship and sharing, while the accompanying films capture the cast sharing personal stories of their holiday memories.

Coach

Coach Holiday 2025.
Coach Holiday 2025. – Coach

Coach’s new holiday campaign stars Elle Fanning, Charles Melton, Kōki, Soyeon, Griff, and Ravyn Lenae, boldly pursuing new adventures with their Coach bags as trusted companions. Captured by photographer and director Dan Beleiu, the campaign highlights a range of bags including the iconic Tabby bag, in both the classic shape as well as new, softer silhouettes, the Empire, Brooklyn, and the new Mott Messenger, from the brand’s New York family of bags. 

Boss

Boss Holiday 2025.
Boss Holiday 2025. – Boss

The Boss Holiday campaign for 2025, stars TikToker Khaby Lame and model Amelia Gray, with creative direction from Trey Laird and the agency Team Laird. In the campaign’s hero video, Lame and Gray explore a gilded world full of stylish gifts and holiday surprises while bundled up in clothes and accessories from the Boss x Steiff collaboration. Singer-songwriter Khalid also joins in the festivities, providing a playful narration. 

Ferragamo

Ferragamo Holiday 2025
Ferragamo Holiday 2025 – Ferragamo

Ferragamo’s holiday campaign revisits moments of nostalgia and family togetherness through a series of short films and images. It showcases two key moments: the art of gifting and the joy of dressing up, each of which showcase Ferragamo’s artisan-crafted shoes, bags, accessories, silk scarves, and ties.

Tommy Hilfiger

Tommy Hilfiger Holiday 2025.
Tommy Hilfiger Holiday 2025. – Tommy Hilfiger

Tommy Hilfiger captures the Holiday season in full swing with K-pop icon Jisoo fronting the campaign. Plush textures, bold colours, and classic Americana prep are reimagined for modern celebrations. In true Tommy spirit, the Holiday 2025 campaign will be brought to life with activations in key cities worldwide. 

Max Mara

Max Mara Holiday 2025.
Max Mara Holiday 2025. – Max Mara

Max Mara transforms its camel-hued world into a snow-dusted reverie of softness and sophistication. Its holiday campaign spotlights icons like the 101801 Icon Coat, Olimpia Jacket and the Whitney Bag, as snow gently envelops the scene, evoking timeless elegance and the ritual of slowing down during the festive season.

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Philippine GDP expands 4% YoY in Q3 2025: Official data

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Philippine GDP expands 4% YoY in Q3 2025: Official data



The Philippine gross domestic product (GDP) grew at 4 per cent year on year (YoY) in the third quarter (Q3) this year, according to the Philippine Statistics Authority (PSA).

One of the main contributors to this growth was the growth in wholesale and retail trade.

All three major economic sectors—agriculture, forestry and fishing; industry; and services—posted YoY growths of 2.8 per cent, 0.7 per cent and 5.5 per cent respectively in the quarter.

The Philippine GDP grew at 4 per cent YoY in Q3 2025, official statistics show.
One of the main contributors to this growth was the growth in wholesale and retail trade.
Government final consumption expenditure, exports of goods and services, and such imports posted YoY growths of 5.8 per cent, 7 per cent and 2.6 per cent respectively in the quarter.
Gross national income grew by 5.6 per cent YoY.

On the demand side, household final consumption expenditure grew by 4.1 per cent YoY in the quarter.

Government final consumption expenditure, exports of goods and services, and such imports posted YoY growths of 5.8 per cent, 7 per cent and 2.6 per cent respectively.

Meanwhile, gross capital formation posted a decline of 2.8 per cent YoY.

Gross national income grew by 5.6 per cent YoY in the quarter, a PSA release said.

Net primary income from the rest of the world posted a YoY growth of 16.9 per cent during the quarter.

Fibre2Fashion News Desk (DS)



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