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At first glance, Maison Lune, an art gallery in the Venice neighborhood of Los Angeles, looks exactly like a home. Yes, there are paintings and ceramics on display, but there’s also a bed, a full kitchen, a bathtub. In early 2022, when Sandrine Abessera and Lubov Azria moved in, they immediately felt it was a space that needed to be shared. It was also about rethinking the typical art-viewing experience — a departure from the white-cube art gallery, said Ms. Abessera, 45, an artist and designer. “We were drawn to this idea of being an art gallery,” she said, but one “where you can sit and it’s not just a blank box.”
Persons: Maison, there’s, Sandrine Abessera, Lubov Azria, , Azria, Max Azria, Abessera, , it’s Locations: Maison Lune, Venice, Los Angeles
She told Walmart investors its strategy is to "democratize fashion" or convert the company's core, price-conscious shoppers into style-conscious shoppers. It would probably be the rest of the market that should be worried," he said pointing to apparel retailers such as Carhartt. Walmart accounts for 4.6% of the $560.4 billion U.S. apparel market, followed by TJX, Target and Ross at 4.4%, 4.1% and 2.8%, respectively, according to GlobalData. Bankrupt Bed Bath and Beyond was a leader in the home decor and furnishing industry along with furniture chains Ikea and Wayfair. In 2005, Walmart's Metro 7 fashion brand tanked and later designer lines with Max Azria and Norma Kamali also withered.
Persons: Walmart Supercenters, Drew Barrymore, Sofia Vergara, Denise Incandela, George, Ralph Lauren, Rosenblum, Privately, Refinitiv, TJX, Ross, Brandon Maxwell, Clea Shearer, Joanna Teplin, fryer, Sofia Jeans, Vergara, Arun Sundaram, Sundaram, Max Azria, Norma Kamali, Siddharth Cavale, Vanessa O'Connell, David Gregorio Our Organizations: Walmart, Reebok, Saks, Tilly's Inc, Abercrombie, Fitch, Bravo, Netflix, Bed, Amazon.com, Walmart's Metro, Thomson Locations: Bath, U.S, Bed Bath, Walmart's, New York
Paris-based insurance tech startup Evy has raised $6.4 million in seed funding from Sequoia. Founded in 2022, Evy wants to grow the product protection market in Europe. Check out the company's 10-slide pitch deck below:Evy, a Paris-based insurance tech startup, has raised $6.4 million in seed funding from US investor Sequoia. The startup specializes in product protection insurance but doesn't work directly with consumers. Unlike more consumer-facing insurance tech companies, which have struggled in 2022, Evy said its B2B2C model was preferable, since there are no customer acquisition costs and marketing spend is lower.
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