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Latest in Government and Trade

The U.K. to Bring Back Tax-free Shopping for Overseas Visitors

The decision provides a much-needed boost in trade for the British retail sector.

Six Minutes With New York City Mayor Eric Adams

Public safety, local manufacturing and educational opportunities are priorities for the city's leader.

Weak Pound Holds Steady Against Dollar, Euro as Truss Named British PM

Truss beat rival Rishi Sunak after a six-week campaign that began following Boris Johnson's resignation.

Busy West Coast Ports Expecting a Traffic Slowdown

As retailers slash inventories, less cargo is expected on the docks.

Switzerland Bans Imports of Russian Gold and Gold Products

The impact of the measure may be limited as Russian imports amount around 1 percent of the gold entering…

Bullish on China’s Duty-free Future, LVMH, Kering Show at Hainan Expo

LVMH signed a deal to set up a bonded warehouse in the zone dedicated to the group's perfume and cosmetics…

Industry Entrepreneurs Disappointed, Concerned in Wake of Prime Minister Mario Draghi’s Resignation

Draghi's international credibility was seen as key to lead Italy out of the crisis.

Italy’s Prime Minister Mario Draghi’s Resignation Impacts Stocks, Bonds

General elections are expected in the fall, while President Sergio Mattarella has reportedly asked Draghi to…

Railway Worker Strike Averted as Biden Intervenes to Move Stalled Negotiations Forward

A railway strike would have spelled trouble for importers bringing goods through U.S. ports.

Italian Fashion, Luxury Associations Express Support to Prime Minister Mario Draghi

Altagamma, Camera della Moda and Confindustria are all standing behind Mario Draghi, who is expected to…

Supreme Court Overturns Roe v. Wade, Fashion Industry Reacts

Fashion industry leaders were quick to respond to the ruling restricting abortion rights for women.

International Trade Show Calendar — Second-Half 2022

All the key dates and places for trade shows in the second half of 2022.

Shopping Center Developer Rick Caruso Has a Good Chance of Becoming L.A.’s Next Mayor

In a low-turnout primary election, city voters have made the November mayoral election a neck-and-neck…

Policy Tracker: Where New York Fashion-Related Bills Stand When It Comes to Votes

Policymaking efforts in fashion are among the stalled bills as New York State's legislative sessions wrapped…

Sales of Italian Fashion Jump 22.6 Percent in 2021, but Geopolitical Instability Looms

The Russian-Ukrainian conflict may impact the bottom line and dent consumer confidence in the second quarter…