IlluMyFi

Founder of renowned knitwear brand was at forefront of bringing Italian ready-to-wear industry to global market

Rosita Missoni, the esteemed Italian fashion designer who co-founded the eponymous knitwear brand, has died aged 93.

Internationally admired for her colourful fashion house, which she established with her husband, Ottavio, in 1953, Missoni came to be regarded as fashion royalty for being one of a group of designers who brought the Italian ready-to-wear industry to a global market in the 1950s and 60s.

Sentiment

-0.98

Bearish/Bullish

04.01.25 07:09

by theguardian.com

Asian American woman sues PayPal for racial bias in investment program

Nisha Desai is part of growing conservative push to curtail diversity, equity and inclusion initiatives in corporate US

PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535m investment program to Black and Hispanic applicants, costing her millions of dollars.

Thursday’s complaint by Nisha Desai and her New York-based venture capital firm Andav Capital is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives in corporate America.

United States of America