US ports will see less retail cargo entering the country in the second half of the year as economic growth slows amid back-to-back interest-rate increases and persistent inflation.

Activist shareholder Bluebell Capital Partners on Monday claimed a partial victory in its efforts to overhaul management at luxury group Richemont after the company proposed the appointment of a director to look after the interests of ordinary shareholders.

The fund, Collab SOS, will invest in companies working to develop more sustainable materials, ingredients, energy and supply chains the Series A and B level.

The proposal involves asking factories to choose different days off instead of all of them remaining closed only on Friday, State Minister for Power and Energy Nasrul Hamid said in an interview.

The Los Angeles-based e-commerce fashion retailer posted a 27 percent year-over-year increase in net sales — $290 million — in the three months ending on June 30, it reported Wednesday.

Ryan Ross, formerly president of Williams Sonoma, will begin reporting to chief executive Geoffroy van Raemdonk, on Aug. 15. In the newly created role, he will be tasked with strengthening the Neiman Marcus brand and customer experience.

Scott Roe is taking on oversight of the American fashion giant’s operations ahead of chief operating officer Tom Glaser’s retirement in October, the company said Thursday.

Opening this fall in Soho, New York, the pop-up store will be GU’s first outside Asia, where there are already 450 outlets selling more stylish and trendy apparel aimed at younger customers.