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☆ The fall of Gucci was inevitable
▼ + stars: | 2024-05-03 | by ( Madeline Berg | ) www.businessinsider.com time to read: +13 min

"We got used to hearing about double-digit growth at Gucci," Fflur Roberts, the head of luxury goods at Euromonitor, told Business Insider. "I think of what a fashion editor is wearing — it's not Gucci," Lindsey Solomon, a fashion publicist, told BI. After taking the top spot on the Lyst Index of fashion's hottest brands in 2022, Gucci dropped to number 11 last quarter. "We still believe the Gucci brand's current growth rate, which is 10 times higher than that of the industry, represents a risk going forward," Morningstar's Sokolova wrote in a 2017 note. Gucci relied heavily on China for its growth, but stores — perhaps including this one in China's Hainan Province — have struggled recently.

Persons: Alessandro Michele's, loafers, Gigi Hadid, Sienna Miller, Steve Madden, ASOS, Sally Singer, Michele, Fflur Roberts, Alessandro Michele, Harry Styles, Billie Eilish, Jared Leto, Kevin Mazur, Bauer, Griffin, Jeff Kravitz, Gucci, Sabato De Sarno, Lindsey Solomon, De Sarno, François, Henri Pinault, China —, Jelena Sokolova, Solomon, Daniele Venturelli, Michele —, Sokolova, It's, Thomas Chauvet, Morningstar's Sokolova, Michele's Gucci, wasn't, Jeremy Moeller, Chauvet, Roberts, Chanel, Gucci's, Gucci hadn't, Hermès, Birkin, Louis Vuitton's Neverfull, Pinault, Louis, Euromonitor's Roberts Organizations: Creative, Gucci, The Recording Academy, Axelle, Morningstar, BI, Citi, Disney, Getty, Revenue, China News Service, Bain, Louis Vuitton Locations: Euromonitor, China, The Asia, Pacific, China's Hainan Province, Asia

☆ The most expensive fashion pieces Taylor Swift has worn this year
▼ + stars: | 2024-04-01 | by ( Amanda Krause | ) www.businessinsider.com time to read: 1 min

In January, Taylor Swift wore more than $108,000 worth of diamond earrings on the Golden Globes red carpet. Taylor Swift wears De Beers diamonds at the 2024 Golden Globe Awards. Axelle/Bauer-Griffin/Getty ImagesSwift wore three earrings on each ear, including a $68,500 pair of De Beers Arpeggia three-line danglers inspired by Beethoven's "Moonlight Sonata." She also sported a $34,900 pair of the brand's Arpeggia one-line earrings, a $2,000 cuff in the style Dewdrop, and one stud in a classic round shape that ranges in price, starting at $3,350. Together, her diamond earrings cost at least $108,750.

Persons: Taylor Swift, Bauer, Griffin, Swift, De Beers, Beethoven's Organizations: Globes

☆ Deepfake porn is a huge problem — here are some of the tools that could help stop it
▼ + stars: | 2024-02-18 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

"The overall percentage is now lower, but the overall volume of deepfake content which is pornographic has exploded," Ajder said. Deepfake porn of pop superstar Taylor Swift has raised awareness of the issue. Criminal deterrentsThis has had an effect on legislation in the UK, where the Online Safety Act has made it illegal to distribute deepfake porn — but not to create it. AdvertisementThough hard to prosecute, criminalizing deepfake porn is still an important deterrent, in his view. In India, a deepfake porn scandal involving Bollywood actresses spurred the government to fasttrack legislation and pressure the big tech companies to prevent AI-generated content from being spread online.

Persons: —, Trace, Henry Ajder, Midjourney, Ajder, Taylor Swift, Bauer, Griffin, Elon Musk, Biden, ChatGPT, they're, it's, Ben Zhao, Joe Biden, Joe Morelle, deepfakes, criminalizing Organizations: Service, BBC News, Google, Meta, Coalition, telltale, University of Chicago, NPR, Anadolu, Getty, Associated Press, Federal Communications Commission Locations: Deepfakes, British, New York, New Hampshire, India

☆ Sylvester Stallone's daughters say he hired Navy SEALS to train them before move to NYC: 'They were the real deal'
▼ + stars: | 2024-02-17 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Sylvester's eldest daughters, Sophia and Sistine, shared details about the grueling experience with the New York Post. The pair told the outlet their father felt uneasy about allowing them to move to the Big Apple, so he insisted they get self-defense training. Sistine, Sylvester, and Sophia Stallone in October 2019. He later welcomed Sophia, Sistine, and his youngest daughter Scarlett with former model Jennifer Flavin. AdvertisementIn May 2023, his three daughters spoke about Sylvester going "full Rambo" when they brought boys home.

Persons: —, Sylvester Stallone, Sylvester's, Sophia, Sistine, Sylvester, Sophia Stallone, Leon Bennett, Scarlet Stallone, Bauer, Griffin, they've, Stallone, Sage —, Sasha Czack, Scarlett, Jennifer Flavin, Rambo Organizations: Service, New York Post, Big Apple, Business, Axelle, Paramount Locations: New York City

☆ The next iteration of quiet luxury? The jazz era.
▼ + stars: | 2024-01-24 | by ( Priya Raj | ) www.businessinsider.com time to read: +3 min

A stylist told Business Insider the jazz aesthetic is close to the quiet luxury aesthetic. Jazz-inspired outfits are the original quiet luxury, Eagle saysHailee Steinfeld wearing opera gloves at the 2024 Golden Globes in Beverly Hills, California. Axelle/Bauer-Griffin/FilmMagic/Getty ImagesEagle told BI the jazz aesthetic lends itself to the quiet luxury aesthetic, which became popular in 2023 and is likely to continue in 2024 too. AdvertisementShe said a way to tap into the jazz trend is to focus on the roaring 20s and "old Hollywood vibe." AdvertisementAnd for fans of the viral bow trend, Eagle said a hair bow would bring the look together.

Persons: —, Zs, Erin Eagle, Hailee Steinfeld, Bauer, Griffin, it's, Eagle Organizations: Service, Globes, Axelle, Eagle, McKinsey Locations: Beverly Hills , California

☆ Ayo Edebiri: Why ‘The Bear’ star is ruling the red carpet
▼ + stars: | 2024-01-16 | by ( Nicole Mowbray | ) edition.cnn.com time to read: +4 min

CNN —The breakout star of hit series “The Bear,” has proven that her ability to dazzle extends well beyond the screen. Over the last two weeks, Ayo Edebiri has taken home a Golden Globe, a Critics’ Choice award and a Primetime Emmy for her portrayal of Sydney Adamu — swapping her chef’s whites for some seriously good red carpet looks. The 28-year-old, Boston-born actor has been bringing joy to the red carpet for a couple of years now, with her adventurous approach to red carpet dressing. Neilson Barnard/Getty ImagesThe Critics Choice Awards on January 14, 2024, called for a white suit by The Row. Amy Sussman/WireImage/Getty ImagesIn Thom Browne, one of Ayo Edebiri's labels of choice, this time with a train at the Critics Choice Awards on January 15, 2023.

Persons: ”, Ayo Edebiri, Sydney Adamu —, Danielle Goldberg —, Mary, Kate, Ashley Olsen —, Kaia Gerber, Olivia Rodrigo, Greta Lee, Thom Browne, Loewe, ” Edebiri, “, that’s, Edebiri, Louis Vuitton, Neilson Barnard, Bauer, Griffin, Versace, Rodin, Steve Granitz, Schouler, Michael Buckner, Dan Doperalski, Dimitrios Kambouris, Valentino, Frazer Harrison, la, —, Amy Sussman, WireImage, Bode, Rosie Assoulin, Giambattista Valli, Mike Coppola, Loewe's, Taylor, Gilbert Flores, suiting Organizations: CNN, Globe, “, W Magazine, Getty, BAFTA Tea Party, Dior Haute Couture, Motion, Arts & Sciences, Variety, Golden Globe, Prada, Lincoln Center, Axelle, Screen, HCA Locations: Boston, Los Angeles, New York

☆ Kieran Culkin and his wife Jazz Charton have 2 children. Here's what you need to know about the 'Succession' star's family.
▼ + stars: | 2024-01-16 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +8 min

Read preview"Succession" star Kieran Culkin asked his wife, Jazz Charton, for more children following his first Emmy win on Monday night. Jazz Charton met Kieran Culkin in 2012 after an "impulsive" move to New York City. Kieran Culkin and Jazz Charton at the season 4 premiere of "Succession." Kieran Culkin and Jazz Charton attend the 29th Annual Critics Choice Awards at Barker Hangar on January 14, 2024, in Santa Monica, California. In April 2022, Charton wrote in one post that she got a tattoo based on one of her daughter's drawings.

Persons: —, Kieran Culkin, Roman Roy, Culkin, — Kinsey, Wilder Wolf, Charton, Jazz Charton, Matt Sayles, Invision, Coco Charton, We've, Charton's, Kinsey, Steve Granitz, Instagram, Nina Westervelt, Kinsey Sioux, Zissou, I've, we've, Kieran, Emma McIntyre, Wolf, The Beverly Hilton, Bauer, Griffin, Taika Waiti, I'd Organizations: Service, Business, Jazz, Warner Bros, Beverly Hilton Hotel, King's College, Hollywood, Globe, Golden Globe, Barker, Choice, The Beverly, Axelle Locations: New York City, Beverly Hills , California, London, Iowa, Santa Monica , California, Instagram

☆ Another Billionaire Finds It's Hard to Run a Newspaper
▼ + stars: | 2024-01-09 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Another billionaire is having a hard time with his newspaper. That's because the LA Times is owned by billionaire Patrick Soon-Shiong, and it is losing money; even though Soon-Shiong is a billionaire, even billionaires have limits. Asked for comment, an LA Times spokesperson said that company leaders "don't generally make forward-looking statements about staffing levels and aren't able to comment further at this time." In 2021, The Wall Street Journal reported that Soon-Shiong was considering selling the LA Times itself , but Soon-Shiong said that was not the case. Last fall, for instance, The Washington Post — owned by Amazon founder Jeff Bezos — one of the richest men in the world — underwent giant staff cuts .

Persons: Patrick Soon, Jeff Bezos's Washington, Warren Buffett, —, Kevin Merida, Patrick, Shiong Axelle, Bauer, Griffin, It's, Shiong, doesn't, Jeff Bezos —, Warren Buffett — Organizations: Los Angeles Times, Jeff Bezos's Washington Post, Service, LA Times, LA, San Diego Union, Tribune, Street Journal, Washington Post, Amazon, Omaha, Alden Global Capital Locations: Merida, San Diego, Berkshire

☆ Former first lady Rosalynn Carter enters hospice care at home, family says
▼ + stars: | 2023-11-18 | by ( Antonio Planas | ) www.cnbc.com time to read: +1 min

LOS ANGELES, CA - FEBRUARY 06: Former President Jimmy Carter (L) and wife Rosalynn Carter arrive at the 2015 MusiCares Person of The Year honoring Bob Dylan at Los Angeles Convention Center on February 6, 2015 in Los Angeles, California. (Photo by Axelle/Bauer-Griffin/FilmMagic)Former first lady Rosalynn Carter, 96, has entered hospice care at home, her family said Friday. Former President Jimmy Carter, 99, is also receiving hospice care at their home in Plains, Georgia. "She and President Carter are spending time with each other and their family," according to a statement from grandson Jason Carter, "the Carter family continues to ask for privacy and remains grateful for the outpouring of love and support." Carter served only one term, after losing to Ronald Reagan in 1980.

Persons: Jimmy Carter, Rosalynn Carter, Bob Dylan, Bauer, Griffin, Carter, Jason Carter, she'd, Gerald Ford, Ronald Reagan Organizations: Los Angeles Convention Center, Axelle, Democrat Locations: ANGELES , CA, Los Angeles , California, Plains , Georgia

Actor Matthew Perry arrives at CBS, CW And Showtime 2015 Summer TCA Party at Pacific Design Center on August 10, 2015 in West Hollywood, California. (Photo by Axelle/Bauer-Griffin/FilmMagic)LOS ANGELES — Matthew Perry died Saturday of an apparent drowning at his Pacific Palisades home, a representative for the actor and a law enforcement source say. Perry was best known for his role as one of the core cast members on "Friends," NBC's generation X sitcom from the '90s. On "Friends," Perry played Chandler Bing, a statistical analyst who used sarcasm and one-liners. Warner Bros. Television Group, which produced "Friends," said in a statement Saturday night, "We are devastated by the passing of our dear friend Matthew Perry."

Persons: Matthew Perry, Bauer, Griffin, Perry, Brian Humphrey, Chandler Bing, Seinfeld, George Takei Organizations: CBS, CW, Party, Pacific Design Center, Axelle, Palisades, Los Angeles Fire, Los Angeles, Warner Bros . Television Group Locations: West Hollywood , California, Pacific Palisades, Beverly Hills, Ottawa, Canada

☆ Musk's college friend quit working with him at Zip2 after only 6 weeks: 'I knew I could either be working with him or be his friend, but not both'
▼ + stars: | 2023-09-11 | by ( Polly Thompson | Grace Dean | ) www.businessinsider.com time to read: +4 min

Farooq came to work for Musk at his first company, Zip2, but quit just six weeks into the job. Farooq told biographer Walter Isaacson that he soon "found himself in fights with Musk." In 1995, Musk was in the midst of getting his first company, Zip2, off the ground with his brother, Kimbal. "We completely entered a zone for hours until we were exhausted," Farooq told Isaacson. But working under the notoriously intense Musk was too much for Farooq and he lasted just six weeks at Zip2 before quitting.

Persons: Navaid Farooq, Elon Musk's, Farooq, Musk, Walter Isaacson, Kimbal, Elon Musk Farooq, Walter Isaacson's, Isaacson, Elon Musk, Bauer, Griffin, FilmMagic, Lyndon, Peter Rive, Tesla, Peter Thiel, Thiel Organizations: Queen's University, Canada, Service, YMCA, Zip2, PayPal, SpaceX Locations: Wall, Silicon, Canada, Ontario

A coffee machine featuring Novo Nordisk logo is seen at the company headquarters in Copenhagen, Denmark, February 5, 2020. REUTERS/Jacob Gronholt-Pedersen/File Photo Acquire Licensing RightsLONDON, Sept 1 (Reuters) - Danish drugmaker Novo Nordisk briefly unseated LVMH (LVMH.PA) as Europe's most valuable listed company in intraday trading on Friday, ending the French luxury group's 2-1/2 year-long reign at the top. At 0843 GMT, Novo Nordisk (NOVOb.CO) had a market capitalisation of $421 billion including unlisted stock, according to Refinitiv data and company disclosures of its share count. By 1031 GMT, Novo Nordisk shares were up 1% while LVMH shares were down 0.4%. LVMH shares have fallen 13.8% from an all-time high hit in April, underperforming Europe's broader STOXX 600 which is down around 1.9% in the same time frame.

Persons: Jacob Gronholt, Pedersen, LVMH, Ozempic, Wegovy, Novo's, Louis Vuitton, Marcel Stotzel, Stotzel, Eli Lilly, Axelle Pinon, Mounjaro, Novo, Carmignac's Pinon, Hennessy, Tiffany, Fiona Cincotta, Hermes, Samuel Indyk, Amanda Cooper, Catherine Evans Organizations: Novo Nordisk, REUTERS, Nestle, Dior, Fidelity European Fund, Fidelity European Trust, Barclays, Index, Financiere, Thomson Locations: Copenhagen, Denmark, Danish, LVMH, United States, China, Covid

☆ Elon Musk's brother's 'smart farm' startup is shutting down most of its locations and gutting its workforce
▼ + stars: | 2023-07-21 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Square Roots told staff it was closing most of its locations and cutting jobs, two former staff said. Square Roots told local news it plans to reconfigure some locations and may eventually re-open them. Elon Musk's brother, Kimbal, cofounded Square Roots alongside CEO Tobias Peggs in 2016. "It was just a normal day," the former Grand Rapids employee said of the latest layoffs and farm closures announced Tuesday. "It was quite abrupt and has been very devastating to this wonderful team of people," the former Grand Rapids employee said.

Persons: Elon Musk's, Elon Musk, David Sack's, Tobias Peggs, Kimbal Musk, WDRB, couldn't, Kimbal, Bauer, Griffin, Slack, Peggs, Getty, DON EMMERT, that's, we've Organizations: Roots, Morning, Gordon Food Service, David Sack's Craft Ventures, Kenosha News, Grand, Axelle, Grand Rapids, Gordon Food Services, Employees Locations: Grand Rapids, Pitchbook, Springfield , Ohio, Shepherdsville , Kentucky, Kenosha , Wisconsin, Wisconsin, Brooklyn, Kenosha, New York, Michigan

☆ 'Kenan & Kel' actor Kel Mitchell on the upcoming 'Good Burger' sequel, mentoring new child stars as 'Uncle Kel,' and the controversial producer Dan Schneider
▼ + stars: | 2022-12-16 | by ( William Antonelli | ) www.businessinsider.com time to read: +17 min

Nickelodeon legend Kel Mitchell spoke to Insider this week about his career and the upcoming sequel to "Good Burger." The two also co-starred in "Good Burger," a 1997 comedy film that's become a cult classic among millennials and Gen Zers. Scholastic/PBS; Titmouse/Disney Television AnimationSpeaking of animated work, last year, Brian Robbins [director of "Good Burger" and Paramount Pictures CEO] said that he wanted to create a "Good Burger" animated series. I met a couple that said that [seeing "Good Burger"] was their first date, and then they got married, and now every anniversary they go and see "Good Burger" because it's part of their life, so it's so deep to me. Ex-Nickelodeon producer Dan Schneider (top-left) posing for a photo with Kel Mitchell and the cast of the show "Game Shakers."

☆ Jennifer Lopez on what she learned from Warren Buffet — and other tips from celebrities on how to become a successful entrepreneur
▼ + stars: | 2022-11-28 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +4 min

The Hollywood Reporter released its second annual list of the top 40 celebrity entrepreneurs. Jennifer LopezThe best business advice Jennifer Lopez ever received came from Warren Buffet. Lopez said that the best business advice she's ever received came from Warren Buffet: "A brand is a promise." After founding the business with his co-founder, Evan Goldberg, Rogen said he's learned how to scale without compromising on product quality. but also added that the best business advice he's ever received was to "Be focused."

☆ A young banker sounds off on why a boutique shop is better than the bulge bracket
▼ + stars: | 2022-11-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Boutique investment banks might lack the name-brand recognition of their larger peers, but they also get their fair share of business. While it's true smaller banks typically pay more than their larger counterparts, that's not this banker's main motivating factor. Click here to read this first-person perspective on what it's like to be a first-year investment-banking analyst at a boutique bank. Wall Street bonuses are set to be really bad. The bank avoided lending to many of the buyout deals that are shaping up to be big losers for lenders, The Wall Street Journal reports.

☆ Leaked documents show Patreon's deals with top TikTokers fell far short of expectations, as it cuts down its creator partnerships team
▼ + stars: | 2022-09-20 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +8 min

Leaked documents suggest Patreon's $1 million deals with TikTokers Larray and Lil Huddy fell short of expectations. Patreon's deals to onboard creators like TikTok megastars Larray and Lil Huddy appear to have fallen far short of expectations, according to company documents obtained by Insider. Creator deals that fell flatAcerbic comedy creator Larri "Larray" Merritt launched in December his Patreon page, where he hosts a platform-exclusive talk show called "The Hot Seat." The total value for Merrit and Hudson's Patreon deals was $1.325 million apiece, according to slides from a company presentation obtained by Insider. "There is no one-size-fits-all answer to creation or membership, and our strategy is ever-evolving," Satterwhite told Insider.

Cum arată cel mai nordic oraș din lume, a cărui populație trăiește patru luni în întunericAxelle de Russé este o fotojurnalistă din Franța, care a fost premiată la prestigiosul concurs internațional Pictures of the Year International pentru realizarea unui fotoreportaj din cel mai nordic oraș din lume. La doar 1 000 de kilometri de Polul Nord se află micul oraș Longyearbyen, cel mai nordic oraș de pe planetă. Așezarea a fost întemeiată în 1906 de către John Munroe Longyear, principalul proprietar al Companiei Arctice de Cărbune din Boston (Arctic Coal Company of Boston). În această localitate a fost construit, în anul 2008, un depozit de semințe care păstrează semințele a aproximativ 100 de milioane de specii de plante de pe glob, în cazul în care pe pământ se va produce vreo catastrofă naturală. Cum e să trăiești în întuneric timp de patru luni, vezi în imaginile de mai jos.

Persons: John Munroe Locations: Russé, Franța, Longyearbyen, Svalbard, Arctic, Norvegiei, Boston, Arctic Coal Company

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