New Sunday store-opening zones come into effect in Paris on August 25

As reported by FashionNetwork.com in mid-July, the Economy and Finance Ministry intends to sidestep the court rulings, by adjusting the boundaries of the existing ITZs. The Maillot-Ternes ITZ has disappeared, having been split in two. Its Ternes section is now attached to the Champs Elysées-Montaigne ITZ, while the Maillot area has become the Palais des Congrès ITZ, its claim to attracting i…

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Turkey to face up to $3bn in trade losses including textiles with UK under no-deal Brexit

Pekcan, speaking at a Turkey-UK Business Forum in Istanbul, said the losses would stem from Britain hiking import tariffs after Brexit in sectors including steel, automotives and textiles.”We expect that the most affected sectors will be automotive by a trade loss worth up to $1.2 billion, textile with $1.3 billion and electronic and white goods by $500 million,” Pekcan told a business forum in…

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