British public don’t trust me because they’re JEALOUS, says Sir Philip Green as he comes out fighting against his customers and insists he WON’T quit after 11th hour reprieve for Arcadia

 June 13, 2019

Sir Philip Green came out swinging this morning after his retail empire narrowly avoided falling into administration. The shopping tycoon, often pictured on his £115million yacht or alongside supermodels at gala events, insisted people who don’t trust him are just ‘f jealous’ and blamed the media for his flagging public image. An eleventh hour rescue […]

‘The hard work starts now,’ says Sir Philip Green after landlords back a rescue plan for his Arcadia retail empire, saving it from total collapse

 June 12, 2019

Sir Philip Green faces a ‘huge battle’ to turn around his struggling retail empire after narrowly winning support from landlords for a rescue plan that will hand the group a lifeline. Arcadia, which owns Topshop, Dorothy Perkins, Miss Selfridge and a string of other fashion brands, will now shut about 50 stores and receive rent […]

24th edition of the Monaco Business Plan Competition

 June 12, 2019

The Junior Chamber International of Monaco launches the 24th edition of the Business Plan Competition. This competition aims to help and support entrepreneurs in their establishment in the Principality of Monaco. It highlights promising projects and creates synergies with investors, potential partners, economic leaders and personalities of the Monegasque economic center. Files must be submitted […]

Ties strengthened with St Petersburg at SPIEF

 June 11, 2019

With more than 17,000 participants from 140 countries, the international business forum in St Petersburg (SPIEF) is a major event in the business world. From 4-7 June, the Monaco Economic Board (MEB) seized the opportunity to arrange a trip to further strengthen already strong ties. MEB relations with Russia are well established, after several Trade […]

Drouin Assurances Monaco partners with Monaco Wealth Management

 June 10, 2019

Monaco Wealth Management is pleased to announce its Premium Partnership with Drouin Assurances. Focusing on insurance-related services, Managing Director Frédéric Drouin‘s aim is to provide bespoke choices paired with the highest quality services in the Principality of Monaco. “Drouin Assurances is excited to become a premium client with Monaco Wealth Management. By becoming a trusted […]

Philip Green’s Arcadia sweetens rescue plan to get landlords backing

 June 07, 2019

Philip Green’s Arcadia has offered better terms for landlords in a restructuring plan for the struggling British fashion retailer, seeking the support of creditors to prevent the group from collapsing into administration next week. Arcadia said on Friday the cost of the sweetened terms would be met by Tina Green – Philip Green’s Monaco-based wife […]

The IM2S Makes a Commitment to the Principality’s Energy Transition

 June 05, 2019

On Wednesday 5 June, Gérard Luccio, Director of the Monaco Institute of Sports Medicine and Surgery (IM2S), signed the Charter of Commitment to the National Pact on Energy Transition The event took place in the presence of Marie-Pierre Gramaglia, Minister of Public Works, the Environment and Urban Development, Didier Gamerdinger, Minister of Health and Social […]

Civil aviation in Monaco enters the digital era

 June 04, 2019

On 3 June, the Civil Aviation Authority and Air Space Drone presented a preview of the FlySafe programme in Monaco. This unmanned traffic management (UTM) system will make it possible, from 17 June, to identify and monitor all flights of drones authorised to fly in the Principality, and to take civil aviation in Monaco into […]

New impetus behind business relations between Monaco and the Small States of Europe

 June 02, 2019

Organised on the sidelines of the 18th Small States of Europe games held in Montenegro, the Monaco Economic Board participated in the first Small States Business Forum in Becici attended by HSH Prince Albert II. Synergies have emerged from similarities that now only need to be acted upon. Two coastal nations, enjoying a mild climate […]

FACT: 80% of Monaco’s employees do not live in the Principality

 June 02, 2019

A new study has revealed that more than 80% of Monaco’s employees do not live in the Principality. Insee Provence-Alpes-Côte d’Azur has just published a study on cross-border workers conducted in partnership with Monaco Statistics. The impact of Monaco’s labour market on the Alpes-Maritimes, the modes of transport and the activities of cross-border workers were […]

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