Agenda-setting intelligence, analysis and advice for the global fashion community.

How Can Canada’s Retail Renaissance Survive the Onslaught of Trump’s Tariffs?

Faced with US tariffs and slowing luxury spend, Canadian retailers are seeking opportunities to connect with local shoppers through broader assortments and in-person experiences.

Holt Renfrew's Toronto flagship on Bloor Street. (doublespace photography)

Haley Crawford

17 March 2025

BoF PROFESSIONAL

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Last week, former Governor of the Bank of England and the Bank of Canada and newly-elected Liberal party leader Mark Carney became Canada’s new Prime Minister, after almost a decade with Justin Trudeau in the top job. With the Liberal party rising in the polls, Carney is expected to soon call a general election to seek his own mandate.

‘Buy Canadian’ Becomes a Beauty Rallying Cry as Trump’s Tariffs Loom

Canada’s export-driven beauty startup scene is responding to the threat of tariffs with a newfound product patriotism.

Canada to Announce C$29.8 Billion in Retaliatory Tariffs on US, Official Says

The move is the latest in an escalating the trade conflict between the two countries.

With Trump’s Tariffs, It’s the Uncertainty That Stings the Most

The new tariffs and constant reversals have knocked global businesses off balance and left them straining to adjust to a mercurial new reality.

About the author

Haley Crawford

Haley Crawford is Marketing Correspondent at The Business of Fashion. She is based in New York and covers the marketing and public relations industries.

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War in the Gulf Tests Resilience of a Rare Bright Patch for Luxury

The escalating US-Israel conflict with Iran is rattling the aura of stability created by Dubai and the wider region, threatening one of the industry’s few bright spots.

Luxury Brands Shut Middle East Stores as Conflict Causes Chaos

Escalating conflict in the Middle East is causing major disruption and store closures for high-end and mass-market retailers, threatening a key growth engine for the global luxury industry.

Worldview | Middle East Retailers Rattled by Escalating Iran Conflict

This week’s round-up of global markets fashion business news also features Sri Lankan apparel manufacturers, Vietnam’s textile exporters and Korean brands in China.

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Stick with the program or switch it up? Angelo Flaccavento reports on Chloé, Rabanne, Schiaparelli, Rick Owens and Uma Wang.

Gap Sales Miss Expectations After Old Navy, Athleta Fall Short

The brands Gap and Banana Republic beat comparable sales estimates.

Can Big Luxury Find Its New Look?

Sex sells — if anyone can figure out what sexy means in 2026. Robert Williams tracks the search for a new silhouette at Kering’s Gucci, LVMH’s Dior and more.

Fashion Startup Founder Pleads Guilty in $300 Million Fraud

Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.

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