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You can't kill Coach
  + stars: | 2024-06-28 | by ( Amanda Krause | ) www.businessinsider.com   time to read: +10 min
Mandy Moore carries a Coach bag in 2006. And with fewer people buying Coach bags, consumer ideas of the brand shifted. Keel, who purchased her first Coach accessory — a discounted cardholder from Coach Outlet — around that time, remembers the change in the brand's perception vividly. AdvertisementKate Bauer, a 29-year-old from Toronto, collects vintage Coach bags that she exclusively buys secondhand. She told BI that the importance of old Coach styles to the brand's current business has never been clearer.
Persons: , Paris Hilton, I'd, Gilbert Carrasquillo, Lil Nas X, Gen Z, Erin Keel, Lillian Cahn, Miles Cahn, Lillian, Bonnie Cashin, Lew Frankfort, Mandy Moore, Michael Loccisano, Michael Kors, Kate Spade, Victor Luis, Keel, Chanel, wasn't, — Luis, Jide J, Zeitlin, — Todd Kahn, Coach, Camila Mendes, Beth Goldstein, Gen, Kate Bauer, Edward Berthelot, Goldstein Organizations: Business, Leatherware, , North, BI Locations: New York City, Los Angeles, Frankfort, Toronto
But now “you can have it all happen instantly across the whole country.”Success strikes twiceThis isn’t even the first time little Trader Joe’s bags have gone viral. Because Trader Joe’s doesn’t boast much of an official online presence, “I’ve kind of taken on that role” with those pages, she said. A Trader Joe's mini tote bag is shown in Palmyra, N.J., on Wednesday, March 13, 2024. “It’s always a surprise.”The chain’s unusually loyal fanbase is eager for more Trader Joe’s branded merchandise, TikToker Heskett said, but Trader Joe’s doesn’t offer much of that. “You can’t buy a Trader Joe’s hat, you can’t buy a Trader Joe’s sweatshirt,” she said.
Persons: Thaddeus Yan, Joe’s, Yan, Stanley, , Colin Campbell, Joe doesn’t, Talia Heskett, Joe’s Talia ”, Heskett, She’s, Christy Vetere, , Tara Miller, “ I’m, Christina Paciolla, Matt Sloan, Miller, Joe’s hasn’t, Jonah Berger, ” Berger, Lindsey Nicholson, G Yan, “ It’s, TikToker Heskett Organizations: New, New York CNN, eBay, University of San, Facebook, , tote, CNN, University of Pennsylvania’s Wharton School, Nike, Variety, Trader Joes, Getty, G Locations: New York, London, University of San Diego’s, Vetere, Palmyra, N.J, Queens , New York
The handbag designer Nancy Gonzalez built a cult following among celebrities and the South American superrich thanks to her use of brilliantly dyed precious skins. Now Ms. Gonzalez, 71, is facing considerable time in bright orange coveralls. On Monday, she was sentenced to 18 months in prison after pleading guilty in a Miami federal court to charges of smuggling hundreds of handbags made from the skins of protected wildlife into the United States from her native Colombia. Prosecutors said that the handbags and purses, made from the hides of caiman alligators and pythons bred in captivity, were worth as much as $2 million. The designer’s lawyers said that the pieces were mostly samples and cost about $140 each, with only about 1 percent lacking the proper authorization to be brought into the United States.
Persons: Nancy Gonzalez, Bergdorf Goodman, Gonzalez, Nancy Tereza Gonzalez de Barberi Organizations: Saks, Gzuniga, New York, Prosecutors Locations: Miami, United States, Colombia, Cali , Colombia
Read previewAnother robotics startup has raised a large amount of money, signaling a rebound in investor appetite in the space. Collaborative Robotics, an automation startup founded by former Amazon Robotics chief Brad Porter, just raised $100 million in a round led by General Catalyst. The latest round values Collaborative Robotics at more than $500 million, Porter told Business Insider. Founded in 2022, Collaborative Robotics has 35 employees and deployed its first product earlier this year. Mayo Clinic, which also invested in Collaborative Robotics, is one of the early customers, he added.
Persons: , Brad Porter, General Catalyst, Porter, hasn't, Pitchbook, There's Organizations: Service, Robotics, Amazon Robotics, General, Bison Ventures, Industry Ventures, Lux Capital, Sequoia Capital, Khosla Ventures, Business, Physical Intelligence, Mayo Clinic, Venture
Fans of Trader Joe's won't need to resort to an eBay auction to get their hands on the chain's new mini tote bags. The $2.99 canvas bags quickly became a viral sensation when they were released earlier this month, with shoppers snatching them off shelves as soon as they were made available. The totes — which are just a slightly smaller version of Trader Joe's classic canvas bag — have been so popular that some Trader Joe's locations even put limits on how many bags customers could purchase. "We had actually hundreds of thousands of bags come in and go out within a week," he said. The popular bags come in four colors: green, red, yellow and blue.
Persons: Joe's, Matt Sloan, Sloan Organizations: eBay, CNBC
Trader Joe's mini tote bags are the new Stanley cups. Trader Joe's earlier this year released a limited-edition set of canvas bags that look like its normal-sized bags but are smaller. The Trader Joe's bags are cute, I guess? Ask someone who's not very online if they've heard about the Trader Joe's tote bags, and you'll probably get a "huh?" AdvertisementIf you got a coveted Trader Joe's mini tote bag, congratulations.
Persons: Stanley, Joe's, they're, Jesus, it's, Charles Lindsey, Lindsey, That's, Instagram, who's, they've, you'll, Valeria Penttinen, Bean, Jaehee Jung, TikTok, Jung, Emily Stewart Organizations: eBay, University of Buffalo, Trader, Northern Illinois University, Hydro, University of Delaware, Business
The mini totes are offered in four colors — blue, red, green, and yellow — and they are all in high demand. Videos shared on social media show crowds of customers visiting Trader Joe’s stores hoping to get their hands on one of the highly-coveted mini totes. “Our Mini Canvas Tote Bags certainly sold more quickly than we anticipated,” said Nakia Rohde, a spokesperson for Trader Joe’s. Of course, Trader Joe’s mini totes aren’t the first to become a viral sensation. “We do have more Trader Joe’s Mini Canvas Tote Bags coming,” said Rohde.
Persons: , Nakia Rohde, Joe’s, Rohde, Huy, Stanley, Wyatte Organizations: eBay, Facebook, , AP, Philips Locations: Monrovia , California, Huy Fong, New York
"Fixed income returns, by contrast, come almost entirely from coupon payments, which can be taxable at the highest rates." You may also want to think about where you're holding these fixed income assets. The fourth step to save on taxes: Consider whether a buyback ETF or a dividend ETF is right for you. Woodard recently highlighted the iShares Core Dividend ETF (DIVB) and the Invesco BuyBack Achievers ETF (PKW) as buyback plays. He also noted that true income investors may want to go with dividend funds, including Schwab US Dividend Equity ETF (SCHD) and Vanguard High Dividend Yield ETF (VYM) .
Persons: It's, Jared Woodard, Woodard, buybacks, they're, DIVB, PKW, SCHD, VYM, Morningstar Organizations: Bank of America, Taxpayers, Schwab, Equity, Vanguard, & ' $
Read previewTrader Joe's mini tote bags have only been on sale for a couple of weeks — and they've already sparked a lucrative online resale market. Hundreds of people have already bought the mini tote bags from the online marketplace. "The size is ideal for smaller shopping trips, to pick up those few items you forgot the first time around," Trader Joe's says in the product description. Probably not," one TikToker said in a video of her mini tote. Have you bought a mini tote bag from Trader Joe's?
Persons: , they've, Stanley, Joe's, Quencher, Alphas Organizations: Service, Business, eBay
Shoppers are flocking to Trader Joe's in search of reusable mini tote bags. Videos filmed over the weekend show chaos at Trader Joe's stores as the bags hit shelves. If you visit Trader Joe's this week, you want to keep an eye out for mini tote bags. Over the weekend, employees and shoppers began posting videos about the store's new canvas shopping bags. They look just like the classic, reusable totes that have been sold at Trader Joe's for years but in a much smaller size — almost like a shoulder purse.
Persons: , Joe's Organizations: Service, tote
But the impact of manufacturing a stainless steel cup is significant, so you really need to use that cup a lot to make it worthwhile. And you're replacing dozens or even hundreds of single-use cups with that one reusable mug," said Sandra Goldmark of Columbia University's Climate School. Of course, this gets even hairier when you consider that Stanley cups have peaked in trendiness, and are now the domain of middle schoolers. The takeaway — at least environmentally: one Stanley cup is good. Many Stanley cups … not so good.
Persons: Stanley Quencher, Stanley, Sandra Goldmark, you've, , Organizations: Service, Business, The New York Times, Columbia, Climate Locations: California, trendiness
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThere are countless luxury handbags in the world — but it seems like everyone carries the same designs. This story is available exclusively to Business Insider subscribers. Or maybe you know multiple people who carry the same Loewe Puzzle bags and quilted Bottega Veneta purses. So here are a few options to help you quietly flaunt your style and status without blending into the crowd.
Persons: , totes, Louis Vuitton Organizations: Service, Business
As her TikTok channel Ballerina Farm grew in popularity, controversy has also stirred. When Ballerina Farm pretends their reality is reality, those people are erased." Who is Ballerina Farm? The creator @caroclaireburkeeen has critiqued Ballerina Farm in several videos starting at the beginning of this year. Ballerina Farm did not respond to Business Insider's request for comment.
Persons: Hannah Neeleman, , Hannah Neeleman —, sourdough, David Neeleman, Neeleman, Dean Martin, Farm's homemaking, Anne Helen Peterson, Meg Conley, Daniel, it's, She's, @caroclaireburkeeen, @thecopperpony, Ballerina Organizations: Juilliard grad, Service, Azul, JetBlue, Breeze Airways, Reuters, Juilliard, Vox Locations: Kamas , Utah
We asked professional organizers for the holiday storage solutions they use and suggest to clients when it’s that time of year. Brenna Peyton, owner and lead organizer of One Organized Girl, likes this tree storage bag for its durability and ease of use. “You simply wrap the wires around the storage and put it into a storage container to keep it in great shape for the following year,” she says. Best storage for holiday dishesHoliday-themed dinnerware is prone to breakage, making it important to get your storage right. Best general holiday storageIt’s difficult to have a designated storage container for every single holiday item.
Persons: Korin Miller, Brenna Peyton, , Naeemah Ford, ” Peyton, Peyton, Goldson, Goldston, , Leigh Achenbach, “ They’re, Achenbach Organizations: Elm Locations: Balsam, West Elm
Millionaire Marcel LeBrun is building a tiny-home village in Canada, just north of the Maine border. AdvertisementAdvertisementIt's been nearly two years since 12Neighbours, a tiny-home village in Canada, welcomed its first resident. Marcel LeBrun at the 12Neighbours tiny-home village. Take a look inside the 12Neighbours tiny-home village. A resident of the 12Neighbours tiny-home village.
Persons: Millionaire Marcel LeBrun, , Marcel LeBrun, LeBrun, " LeBrun, 12Neighbours, Marcel LeBrun LeBrun, Marcel LeBrun Every, Randy, Mark Osborne didn't, Marcel LeBrun Samantha Seymour, Marcel LeBrun 12Neighbours, who've, we're, Seymour Organizations: Residents, Service, Fraser Institute, Brunswick, Marcel LeBrun Village, Canadian Broadcasting Company, CBC, New, New Brunswick Housing Locations: Canada, Maine, Fredericton , New Brunswick, Maine , New Brunswick, Fredericton , New, New Brunswick, overpriced, 12Neighbours
A signage is seen in the offices of Tapestry, Inc., in Manhattan, New York, U.S., November 19, 2021. Shares of the Coach parent rose 6% in early trading, as its profit beat market expectations. Sales at Coach, Tapestry's biggest brand, grew 3%, as demand for its Tabby shoulder bags nearly doubled from last year. It expects 2024 revenue of about $6.7 billion, lower than its prior target of nearly $6.9 billion, weighed by a stronger dollar. Net sales were flat at $1.51 billion in the quarter ended Sept. 30 from last year.
Persons: Andrew Kelly, Joanne Crevoiserat, Crevoiserat, Savyata Mishra, Juby Babu, Arun Koyyur Organizations: Tapestry, Inc, REUTERS, Capri, U.S . Federal, Thomson Locations: Manhattan , New York, U.S, North America, China, Bengaluru
“We’re trying to make robots that can operate in human spaces.”Do we even need humanoids? Seemingly farther along is Tesla's Austin, Texas-based neighbor Apptronik, which unveiled its Apollo humanoid in an August video demonstration. “That led to development of a new robot that was not really a humanoid, but had several characteristics of a humanoid,” he said via an emailed message. Walking is "not the hardest problem to solve in humanoid robotics," said Geordie Rose, co-founder and CEO of British Columbia, Canada-based startup Sanctuary AI. “Forever more, human- centric robots like that are going to be part of human life.
Persons: hasn’t, Jonathan Hurst, “ We’re, Hurst, There’s, Brett Adcock, Elon Musk, , , Marc Raibert, Raibert, , Geordie Rose, Rose, ” Rose, Tye Brady, Damion Shelton, ” Shelton, Haleluya Hadero Organizations: Agility Robotics, tote, Amazon, Agility, Boston Dynamics, carmaker Hyundai, Robotics Locations: Oregon, Sunnyvale , California, Austin , Texas, British Columbia, Canada, Seattle
CNN —In the not-so-distant future, human-like robots will be as ubiquitous as the automobile or smartphone – if Agility Robotics’ vision of the future comes to life. “This is really an inflection point in history,” said Jonathan Hurst, co-founder of Agility Robotics, a Silicon Valley firm that showed off its humanoid, “Digit” to investors and press Tuesday. Agility Robotics' robot Digit showcased its ability to operate autonomously in front of a small audience Tuesday night. Due to safety regulations implemented by Agility Robotics, humans must also stay six feet away from Digit. Less than two weeks ago, Amazon announced it will begin testing Digit in a Seattle warehouse (Amazon is an investor in Digit’s parent company Agility Robotics.)
Persons: , Jonathan Hurst, Hurst, , Veronica Miracle, couldn’t, That’s, ” Hurst, Melonee Wise Organizations: CNN, Agility Robotics, Robotics, Amazon, tote, Hollywood, Writers Guild of America, Technology Locations: Silicon, Seattle, Oregon
A spokesperson from the United Food and Commercial Workers International Union told CNN that they support the organizers planning a walkout and protests. “We support all health care workers who are organizing and taking a stance to improve staffing.”A Walgreens pharmacy store in Austin, TX. In a statement to CNN, Walgreens said about 20 stores out of about 9,000 had “disruptions over three days,” Oct. 9-11. Walgreens walkout organizers told CNN that their tally is much higher, with about 600 employees participating. The following three Walgreens employees told CNN their reasons for walking out.
Persons: Shane Jerominski, Renée Saldaña, Mohammad Khursheed, Tim Wentworth, Wentworth, ” Fraser Engerman, Engerman, , ” ‘ We’ve, , “ We’ve Organizations: New, New York CNN, Walgreens, Workers, CNN, United Food, Commercial Workers International Union, SEIU, United Healthcare Workers, West Health, Reuters Organizers, Locations: New York, West, Austin , TX, Friday’s, Oregon, Wisconsin, Oklahoma
[1/2] Argentina's presidential candidate Sergio Massa gestures during a press conference a day after the first round of Argentina's presidential election, in Buenos Aires, Argentina October 23, 2023. Local media reported similar though more informal campaigns in some hospitals, and the energy secretary warned the price of subsidized gas could double. 'CHAINSAWING' THE WELFARE STATE? "At the other end of the chainsaw he totes at rallies are the pocketbooks of millions of Argentines," he added. Additional reporting by Candelaria Grimberg and Lucinda Elliott; Editing by Adam Jourdan and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: Sergio Massa, Cristina Sille, Sergio Massa's, Javier Milei, Massa, Milei, Amparo Anzaldi, Benjamin Gedan, Wilson, Cristina Fernandez de Kirchner, Ana Monclus, meanwhile, Anna, Catherine Brigida, Candelaria Grimberg, Lucinda Elliott, Adam Jourdan, Aurora Ellis Organizations: REUTERS, Argentine Economy, Peronist, Massa, Local, International Monetary Fund, Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Argentine
Amazon says Digit is designed to "work collaboratively" with employees, not replace them. AdvertisementAdvertisementAmazon recently began testing a new robot in its warehouse operations — meet Digit, a humanoid bipedal robot with a turquoise torso and smiley eyes. However, most of the other warehouse robots have been cart-shaped or robotic arms, not humanoid like Digit. Unlike the company's other warehouse robots, Amazon says Digit is better designed to operate in spaces designed for humans. In community forums, warehouse workers discussed the possibility that Sparrow might result in empty warehouses, with only small teams of human employees to repair the robots.
Persons: , they'll, — Bert, Ernie, Scooter, Kermit Organizations: Robotics, Service, Agility Robotics, Amazon, Innovation, tote, Workers
SPRINGFIELD, Ill. (AP) — Illinois Gov. The state’s 25-year-old Gift Ban Act prohibits public employees such as Pritzker from accepting presents, with broad exceptions. Therefore, the high-priced hooch delivered compliments of the Japanese embassy and three bottles of tequila valued at $450 have remained untapped. Together, they comprise 4 1/2 years of gratuities totaling 561 gifts valued at $16,890.14, according to a log provided to The Associated Press in response to a public records request. Jim Edgar, the Gift Ban Act was the first major ethics reform in Illinois since post-Watergate campaign-finance disclosure laws.
Persons: J.B . Pritzker, Pritzker, hooch, ” Pritzker, , Jordan Abudayyeh, John Bel Edwards, Sen, Paul Simon, Barack Obama, Jim Edgar, “ It’s, , David Melton, Tiffany Kuhl, Shimon Peres, Sidney Blumenthal, Bill Clinton, Abraham Lincoln, Ralph Nader, Mark Green, Donald Trump’s, Jody Coss, ” Coss, Mike’s, Jennifer Farrar Organizations: Ill, , Democratic, Associated Press, Louisiana Gov, Hotel, Forbes, Republican Gov, Illinois, National Bobblehead Hall of Fame, Museum, Loyola University, Stephenson County Democratic Party, Associated Locations: SPRINGFIELD, — Illinois, Springfield, Chicago, Louisiana, Mardi Gras, U.S, Illinois, Swiss, Milwaukee, Victoria ”, Freeport, Stephenson County, Rockford, New York
Photos published by the AP show an elderly woman driven in a buggy by gun-toting militants. Dozens of people were taken hostage by Hamas on Saturday in a wave of surprise attacks. AdvertisementAdvertisementA woman has been asking social media for information after seeing a photo of her 85-year-old grandmother being driven away by Hamas fighters. The photos show an elderly woman wrapped in floral garb sitting in the vehicle, as a militant behind her totes a rifle. US State Secretary Antony Blinken said on Sunday that the US is working to verify reports of Americans being among those killed or taken hostage by Hamas.
Persons: , Adva Adar, Yaffa, Hatem Ali, Adar, Benjamin Netanyahu, Antony Blinken Organizations: AP, Service, Hamas, Facebook, Associated Press, Times, Reuters Locations: Israeli, Kfar, Gaza, Times of Israel, Israel, Syria, Lebanon
Meet Apollo, the ‘iPhone’ of humanoid robots
  + stars: | 2023-08-23 | by ( Ashley Strickland | ) edition.cnn.com   time to read: +9 min
The design for Apptronik’s latest humanoid robot, named Apollo, was unveiled on Wednesday. Apollo is Apptronik's latest humanoid robot. Rather than highly specialized robots that can only serve one purpose, Apptronik wanted Apollo to be the “iPhone of robots,” Cardenas said. Courtesy ApptronikBefore Apollo, Apptronik focused on what it called a Quick Development humanoid robot. To the moon and beyondApptronik serves as one of NASA’s partners that works on humanoid robot designs.
Persons: Argodesign, Apollo, , , Jeff Cardenas, Bill Stafford, ” Cardenas, Shaun Azimi, NASA’s, Cardenas, Apptronik, Nick Paine, ” Paine, Paine, ” Azimi, Artemis VI, Azimi Organizations: Austin , Texas CNN, Austin, University of Texas, NASA, JSC, DARPA, Space Center, International Locations: Austin , Texas, Houston, Australia, uncrewed, Apptronik
The list of the best Fitbit devices is headed up by two distinct flagship wearables: the Versa 4 and the Sense 2. Fitbit Versa 4 The Fitbit Versa 4 disappoints as a fourth-generation smartwatch as it lacks third-party app support, has issues with fitness tracking, and doesn’t allow for music storage. Fitbit Sense 2 vs. Fitbit Versa 4: Smartwatch performanceOne of the main nitpicks I have with these watches is their disappointing lack of smartwatch capability. Fitbit Sense 2 vs. Fitbit Versa 4: Health and fitness trackingFitness tracking features are available on both devices, but the Sense 2 seems to be more reliable. Fitbit Sense 2 vs. Fitbit Versa 4: Battery lifePerhaps the best feature native to both the Sense 2 and the Versa 4 is their battery life, which lasts roughly six days depending on how it's used.
Persons: Rick Stella, they're, There's, Grey, That's Organizations: iOS Battery, Alexa, Google, Apple Watch, Versa
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