Consumer
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KDK Urges Review of Türkiye’s Customs Rules for Temu and AliExpress Purchases
ISTANBUL — Türkiye’s Ombudsman Institution (KDK) has recommended that the government review the country’s customs regulations for cross-border e-commerce purchases,…
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German Garden Furniture Maker Stern Files for Insolvency After 61 Years
BERLIN — German garden furniture manufacturer Stern GmbH & Co. KG, a family-owned company with a 61-year history, has filed…
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Record Harvest Expectations in Agriculture Bring Hope to Producers and Consumers
ANKARA — June 4, 2026 Favorable weather conditions and abundant rainfall are raising expectations for a record agricultural harvest in…
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Turkish Advertising Board Fines Misleading Advertisements With ₺122 Million Penalty
Türkiye’s Advertising Board (Reklam Kurulu) has imposed administrative fines exceeding ₺122 million on companies over misleading advertisements and unfair commercial…
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Card Payments in Türkiye Surge 44% Year-on-Year in April, Nearing TRY 2.6 Trillion
According to data released by the Interbank Card Center (BKM), the total amount of card payments made in Türkiye increased…
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LVMH to Sell Marc Jacobs Brand for $850 Million
French luxury giant LVMH has agreed to sell fashion label Marc Jacobs in a deal valued at approximately $850 million,…
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ITO Chairman Şekib Avdagiç Warns Consumer Goods Imports Have Surpassed Investment Goods Imports
ISTANBUL — Istanbul Chamber of Commerce (ITO) Chairman Şekib Avdagiç has warned that consumer goods imports in Türkiye exceeded investment…
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Consumer Confidence Shows Limited Increase, Says TurkStat
ISTANBUL — Turkey’s consumer confidence index recorded a modest rise in April, according to data released by the Turkish Statistical…
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UAE Launches Price Transparency Platform to Strengthen Consumer Awareness and Market Stability
Ministry aims to boost transparency, consumer awareness The Ministry of Economy and Tourism has launched an “Essential Goods Price Platform”,…
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Eczacıbaşı to Sell Sanipak to Malaysia’s Arch Peninsula in $600 Million Deal
Turkish industrial group Eczacıbaşı Holding has agreed to sell its hygiene products subsidiary Sanipak to Malaysia-based Arch Peninsula Sdn Bhd…
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