Four-day week of work on Fridays. In 2016, a IT company in Romania, declared Monday as a day-off. As a result of reducing with 20% of working time, Friday has become much more productive. The employees said that three days off actually means 50% more free time then before. In New Zealand, trust company Perpetual Guardian announced in February 2018 that it would begin trialing a four-day work week in March 2018. Unlike many four-day week initiatives which require staff to work longer days for the same pay, or receive less pay, Perpetual Guardian’s plan, instigated by founder Andrew Barnes, saw the
Toronto Fashion Week Peter Freed announced the purchase of the Toronto Fashion Week brand from IMG. Freed, President of Freed Developments, spearheaded the ownership group, composed of several of the country's top executives in real estate, media and finance. The founding sponsors, aside from Freed Developments, included The Hazelton Hotel, Hill & Gertner Capital Corporation and Yorkville Village. Under the new ownership, Toronto Fashion Week has been revived, although the event has been contracted from a bi-annual 7-day event to a bi-annual 3-day event. Italian fashion label Missoni celebrated its 50-year anniversary by showcasing a retrospective at the event. Toronto was chosen to