Daily Wealth Letter from The Wealth Forums 08 June 2016

Reports — By on June 8, 2016 at 12:14 PM
Richard Moir, The Wealth Forums CEO

Richard Moir, The Wealth Forums CEO

DAILY WEALTH LETTER

 a daily synopsis of wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

NUMBER 227  WEDNESDAY,  JUNE 8,  2016

Singapore set to surpass UK

Singapore is expected to overtake the UK by 2020 to become the world’s second-largest offshore financial centre behind Switzerland as the balance of global wealth moves steadily eastward.  READ MORE:https://thewealthforums.com/2016/06/08/singapore-set-to-surpass-uk/#more-4075

Ralph Lauren closing outlets

Ralph Lauren is closing stores, cutting jobs and focusing more on its most popular brands to try to reverse its declining fortunes.  READ MORE: https://thewealthforums.com/2016/06/08/ralph-lauren-closing-outlets/#more-4071

L’Oreal closes HK shops for a day

L’Oreal SA closed shops throughout Hong Kong as hundreds of demonstrators protested the French cosmetic maker’s decision to cancel a concert by a pro-democracy singer after Chinese consumers called for a product boycott.   READ MORE: https://thewealthforums.com/2016/06/08/loreal-shuts-hk-shops-for-a-day/#more-4067

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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