The US Transportation Department is proposing new rules to speed deployment of drones beyond the visual line of sight of operators, a key change needed to advance commercial uses like package deliveries. Read More
Prada has promoted Christopher Bugg to chief communication officer. Bugg was hired in January 2020 as Prada’s marketing and communication director for Asia and swiftly appointed group communication director. Read More
Italian-inspired denim label Closed has filed an insolvency application with the Hamburg Local Court in Germany. Lawyer Stefan Denkhaus from the law firm BRL has been appointed provisional insolvency administrator. Read More
Throughout the 1990s and early 2000s, Gwyneth Paltrow was the platonic ideal of the It Girl and Hollywood nepo-baby before launching wellness and style platform Goop. Read More
Switzerland’s government will hold an extraordinary cabinet meeting on Monday to discuss its response to President Donald Trump’s 39% tariff on Swiss imports, which threatens to inflict heavy damage to its US. Read More
Goldman Sachs has named Marko Ratesic as vice chairman of the consumer retail group within its investment bank, according to a memo seen by Reuters on Monday. Read More
Italy’s competition authority (AGCM) imposed a 1 million euro (1.16 million dollar) fine on China-founded online retailer Shein on Monday for misleading customers on the environmental impact of its products. Read More
The Levi’s® brand, in collaboration with global icon Beyoncé, today debuted The Denim Cowboy, the final instalment of the year-long Levi’s® REIIMAGINE campaign. Read More
American Eagle Outfitters Inc. shares jumped the most since 2000 on Monday after US President Donald Trump touted the company’s ads. Read More
Hugo Boss on Tuesday reported revenue edging up just 1% in Q2 against an “ongoing challenging market environment”. Boss Menswear was the standout while Womenswear and Hugo struggled. Read More
