Business News
Human Resources
Sergio Rossi Taps Laetitia Loffredo as Global Head of P.R.
Laetitia Loffredo will oversee public relations, as well as media and corporate communications.
Financial
European Markets Edge Down
Pro-Brexit Nigel Farage quit Monday morning as leader of the UKIP party.
Financial
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European Markets Edge Down
Pro-Brexit Nigel Farage quit Monday morning as leader of the UKIP party.
Government and Trade
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Government and Trade
USTR Sets Limited Duty-Free Expansion for Travel Goods, Disappoints Brands
Brands were seeking a broader expansion of duty-free benefits for goods such as handbags, wallets, luggage and backpacks.
Mergers and Acquisitions
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Australia’s RCG Buys Hype DC for $79 Million
With the deal, RCG’s footprint expands to 350 stores across Australia and New Zealand, making it Australia’s largest footwear retailer.
Legal
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John Richmond Wins Legal Battle Against Saverio Moschillo
The Milan Court declared that Saverio Moschilo has no right to use the John Richmond and Richmond labels.
Forecasts and Analysis
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British Fashion Market Declines for First Time in Six Years
The new data shows spending has decreased for clothing, footwear, and accessories by 0.1 percent year–on-year for the past five years to June 2016.
Marketing and Promotion
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Marketing and Promotion
Etihad Airways Partners With WME/IMG in Global Sponsorship Deal
The airline group will support 17 fashion week events around the world annually.
Human Resources
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Sergio Rossi Taps Laetitia Loffredo as Global Head of P.R.
Laetitia Loffredo will oversee public relations, as well as media and corporate communications.
Technology
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Technology
Synchrony Invests in Retail Start-up FlexReceipts
Synchrony Financial has invested in the smart receipt retail start-up company FlexReceipts.
Business Features
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Consumer Confidence Up in Early June
The Index reflects sentiment in early June, and does not reflect sentiment following Brexit.
Real Estate
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Hudson Yards Lands Point72 as Next Tenant
The massive Hudson Yards development on Manhattan’s far west side is making progress.





