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☆ Harris eyes changes at campaign headquarters while wary of drama
▼ + stars: | 2024-07-23 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +11 min

But now it has to retool to elect Kamala Harris, who’s a Black and South Asian woman in the year 2024,” said one aide at campaign headquarters. Never have the people on what was, until Sunday afternoon, the very small core team around Harris felt so popular. That, they know, has to change immediately, but will happen as Harris’ staff is asked to step in. Retaining hard fought Harris equilibriumLike Biden, Harris doesn’t have a history of running great or well-functioning campaigns, whether that was her Senate race in 2016 or her 2020 presidential run that didn’t even survive until December of 2019. So at least for now, the campaign staff are trying to hold to a line that deputy campaign manager and digital outreach specialist Rob Flaherty used on a call Monday afternoon that senior staff held.

Persons: CNN —, Joe Biden, Kamala Harris, Harris, retool, who’s, ”, Biden, Mike Donilon, didn’t, Steve Ricchetti, Bruce Reed, Anita Dunn, “ It’s, Trump, Jeff Zients, —, Harris ’, Tony West, Rahm Emanuel —, Bill Clinton, Japan —, Emanuel, “, David Plouffe, Barack Obama’s, Plouffe, Donald Trump, Jen O’Malley Dillon, Julie Chavez Rodriguez, O’Malley Dillon, Quentin Fulks, Joe, ” Harris, it’s, Harris doesn’t, flay, Hillary Clinton’s, Megan Jones, Kirsten Allen, Sheila Nix, Brian Fallon, ruefully, Rob Flaherty, ” Flaherty Organizations: CNN, American, White House, Democratic, Wing, White, Justice Department, House Democratic, Chicago, Naval, West Wing, House Locations: Harris, Japan, doesn’t, Washington, Wilmington

☆ The luxury handbags most likely to be faked, according to an expert from The RealReal
▼ + stars: | 2024-07-21 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

The secondhand market has become an increasingly important part of the luxury market, rising to $50 billion last year, according to Bain & Company. But there are dangers to buying on the secondhand market: counterfeit products, which the rise in "dupe culture" has only helped to escalate. Business Insider spoke to Hunter Thompson, the director of authentication and brand compliance at secondhand luxury retailer The RealReal, about the proliferation of increasingly convincing fakes. Advertisement"In 2024, if it can be faked, it's faked," Thompson said. Here are the bags that Thompson said are most commonly faked —and some tell-tale red flags to look out for.

Persons: —, Hunter Thompson, it's, Thompson, Birkin, zippers Organizations: Service, Bain & Company, Business

☆ New Balance partners with the WNBA as the brand looks to grow in women's sports
▼ + stars: | 2024-07-16 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Cameron Brink #22 of the Los Angeles Sparks plays defense against Bridget Carleton #6 of the Minnesota Lynx on June 5, 2024 at Crypto.com Arena in Los Angeles, California. Juan Ocampo | National Basketball Association | Getty ImagesNew Balance on Tuesday announced a multiyear deal with the WNBA, joining a growing roster of backers for women's sports. The agreement will make New Balance an official partner of the WNBA and will include broadcast, digital and retail content featuring Los Angeles Sparks rookie forward Cameron Brink. The deal comes as New Balance looks to grow the company's share across basketball and to become a leader in women's sports. In August, Cameron Brink became the first woman's basketball player to sign with New Balance.

Persons: Cameron Brink, Bridget Carleton, Juan Ocampo, Armour, Jessica Vassall, Brink, Kawhi Leonard, Balance, Jeff Haynes Organizations: Los Angeles Sparks, Minnesota Lynx, Crypto.com Arena, National Basketball Association, Getty, WNBA, Adidas, Nike, Puma, New, Stanford University, NBA, CNBC, Paris Olympics, Chicago Sky Locations: Los Angeles , California, Chicago , IL

☆ Insider Today: New status symbols
▼ + stars: | 2024-07-13 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Business Insider's docuseries, "Quiet on Set," just won the Television Critics Association Award for Outstanding Achievement in News and Information. AdvertisementAt least that's what Denver meteorologist Chris Bianchi told Business Insider's senior science reporter Morgan McFall-Johnsen. Markus Thoenen/Getty ImagesTen better getawaysIt's the busiest time in the travel season, and international travel is especially hot. AdvertisementMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor in chief of life, in New York.

Persons: —, Dan Schneider's, it's, SEAN GLADWELL, Chris Bianchi, Morgan McFall, Johnsen, Bianchi, Morgan, Jenny Chang, Rodriguez, Markus Thoenen, Bianca Bagnarelli, Tyler Le, Abanti Chowdhury, Rashida Jones, Nicholas Cage's, Rebecca Zisser, Nordstrom cardholders, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Television, Nickelodeon, Business, Denver, Getty, Apple, Max, Nordstrom, Amazon Locations: New, United States, Ticino, Switzerland, Italy, AirPods, Whitestrips, New York, New York City

☆ Why do tennis players wear white?
▼ + stars: | 2024-07-12 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +10 min

A muse to the designer Jean Patou, Lenglen became tennis’ first fashion icon with her signature headscarf and then-shocking shorter hems. Anne White was banned from wearing a white catsuit at Wimbledon four decades before Serena Williams caused a stir with a similar cut at the French Open. Ian Kington/AFP/Getty ImagesAt the US, French and Australian Open, players have challenged definitions of what tennis clothes can be thanks to looser rules (subject to referee opinion). Though she cited its circulation benefits following a severe blood-clot scare with the birth of her child, the French Open said it would bar the style in the future. However, the Women’s Tennis Association formally allowed it, and Williams continued to wear versions of the bodysuit at the 2019 and 2021 Australian Opens, normalizing the agile and simplified cut for the tennis court.

Persons: Roger Federer’s, Serena Williams ’, Naomi Osaka, Robert Prange, Clive Brunskill, Kevin Jones, ”, “, Ben Rothenberg, Suzanne Lenglen, George Rinhart, Zendaya, Federer, Fred Perry, Elsa Schiaparelli, Lilí de, De, Jean Patou, Lenglen, Anne White, Serena Williams, Neville Marriner, Williams, wouldn't, Ian Kington, Serena, Venus’s lacy, Venus Williams, Matthew Stockman, ” James, Rothenberg, Fila, Bjorn Borg, Coco Gauff, Eloisa Lopez, Reuters Andre Agassi, Rebecca Naden, Andre Agassi, Jurij Rodionov, Sabine Lisicki, Men’s tenniswear, “ There’s Organizations: CNN, Wimbledon, Nike, Fashion Institute of Design &, Lacoste, Daily, Getty, Women’s Tennis Association, Sports, Reuters, “ Wimbledon Locations: Los Angeles, England, culottes, French, AFP

☆ PepsiCo earnings beat estimates, but U.S. demand weakens
▼ + stars: | 2024-07-11 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

PepsiCo reported mixed quarterly results Thursday, hurt by declining demand in North America for its drinks and snacks. Pepsi now expects organic revenue growth of approximately 4%, a more cautious outlook than its previous forecast of at least 4%. The company reiterated its guidance for core constant currency earnings growth of at least 8%. Frito-Lay North America's volume declined 4%, while Pepsi's North American beverage unit saw volume shrink 3%. Executives said volume for Pepsi's North American drinks has improved sequentially, signaling that its attempts to lure back shoppers have begun working.

Organizations: Pepsi, PepsiCo, LSEG, Pepsi's, Frito, Quaker Foods Locations: Las Vegas, United States, North America, Quaker Foods North America

☆ Meet Emma Navarro, the American billionaire heiress who upset world No. 2 Coco Gauff to take the tennis world by storm
▼ + stars: | 2024-07-09 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

Her father, Ben Navarro, has an estimated net worth of $1.5 billion, according to Forbes. Forbes reported that, in addition to banking, Navarro has purchased more than $350 million worth of property in Charleston since 2021. He's also been an active buyer in the tennis space, with CNN reporting that he purchased the Cincinnati Open tournament for about $300 million in 2022. Other tennis-related ventures in his portfolio include the South Carolina-based Live To Play Tennis Club and the Volvo Car Open, the largest women's only tennis tournament in North America, per the WTA. In 2019, the US Tennis Association named the Navarro family South Carolina's tennis family of the year.

Persons: Ben Navarro, Forbes, HENRY NICHOLLS, Navarro, He's Organizations: Getty, Sherman Financial Group, Forbes, CNN, Cincinnati, Tennis Club, Volvo, Credit, US Tennis Association, Post, Courier Locations: Charleston, South Carolina, North America

☆ Stop worrying and learn to love the triumph of Big Tech over everything
▼ + stars: | 2024-07-07 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

We don't say they have a secular wind at their backs. We don't say: Apple's business is much better than we thought. They keep coming back to one main point: You can't have these companies dominate without something bad happening to the stock market. Let me present a different, factual manifesto: The companies with these amazing gains are companies that just don't stop inventing. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Eli Lilly, Joe Biden, Biden, Lilly, —, Tesla, Elon Musk, Jim Cramer's, Jim Cramer, Jim Organizations: Amazon, Microsoft, Apple, Nvidia, Nasdaq, pharma, Novo Nordisk, National Football League, YouTube, Web Services, Costco, Walmart, Jim Cramer's Charitable, CNBC, Facebook, Google Locations: Lilly

☆ Dana Bash and Jake Tapper Let Candidates Be the ‘Stars of the Show’
▼ + stars: | 2024-06-28 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Despite all the CNN logos filling viewers’ screens, and the nonstop hype that the network had piled onto Thursday’s prime time debate between President Biden and former President Donald J. Trump, the anchors Jake Tapper and Dana Bash mostly receded into the background as they moderated. At tense moments, the moderators deferred to the candidates to directly address each other’s claims. And the concerns that Mr. Trump might pick a showstopping fight with his CNN interlocutors proved unfounded. CNN had made clear ahead of time that its moderators would act as facilitators, not participants. Its chairman, Mark Thompson, called Mr. Biden and Mr. Trump “the stars of the show.” On that front, the network succeeded.

Persons: Biden, Donald J, Trump, Jake Tapper, Dana Bash, CNN interlocutors, Mark Thompson Organizations: CNN

☆ Inside Europe's tech hubs: France's AI push puts it on the rise
▼ + stars: | 2024-06-27 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +31 min

Brimming with entrepreneurs and around 1,000 startup companies, it embodies France's exciting tech industry. So if you could rank Europe's tech hubs, what would be your top three? But I'm really excited about Lisbon actually, I know the Mayor of Lisbon pretty well, have been hearing really positive things. I mean things like that could just be completely deprioritized, which is essentially what has been helping us move things forward in France. Under Macron what have been for you the big positives that have come out of his presidency and tech push more broadly.

Persons: Tom Chitty, Roxanne Varza, Bruno Le Maire, Tom Chitty The, you'll, Arjun, I've, Roxanne, Macron, we'd, we've, Tom Chitty Let's, Xavier Niel, he's, Roxanne Varza That's, we're, I'm, Roxanne Varza Paris, Tom Chitty Arjun, Arjun Kharpal, What's, There's, you've, haven't, They're, Roxanne Varza Big, Tom Chitty U.S, Arjun Kharpal It's, who's, that's, there's, they've, we'll, Tom, Tom Chitty We'll Organizations: Meta, Google, CNBC, Uber, Accel, Dealroom, Mistral, Viva Tech, Sequoia Capital, Big Tech, Microsoft, French Finance, London Stock Exchange, London . Locations: Paris, France, French, Europe, beyondthevalley@cnbc.com, London, Berlin, U.S, Silicon Valley, Palo Alto, Bay, Amsterdam, Lisbon, Old, Shoreditch, London . Tel Aviv

☆ A rainbow logo isn't enough: How to find financial institutions that actually care about LGBTQ+ people
▼ + stars: | 2024-06-24 | by ( Ryan Ermey | ) www.cnbc.com time to read: +6 min

Rather, look to work with institutions and individuals that are aware of the community's unique financial needs . Some 3 in 10 LGBTQ+ adults (30.8%) say they experienced discrimination when accessing financial services, according to a recent survey from the Human Rights Campaign . In many cases, parade sponsors and participants include financial institutions, from banks to real estate agencies to investment brokerages. Making that process easier is a career goal for Charles Chaffin, a financial psychologist who founded Affirming Advisor — a program designed to help financial firms better serve LGBTQ+ clientele. Vet the firmIf a financial institution is publicly supportive of the LGBTQ+ community, that's certainly a good start, says Jay.

Persons: We've, Chris Jay, you've, Charles Chaffin, —, Chaffin, you'll, that's, Jay Organizations: Merrill, Human, CFP, LGBT Chamber, Commerce, Realtors, CNBC Locations: Seattle

☆ I'm a single mom running my own business. I deal with admin at the playground.
▼ + stars: | 2024-06-24 | by ( Nicola Prentis | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Single parents with businesses are juggling clients and deadlines with school pick-ups, endless laundry, and meal prep. The problem with batch cooking is that it's still cooking, and cooking is a time-sucker. AdvertisementI do my admin in the playgroundI spend almost 2 hours a day watching my two sons in the playground after school. But it's not like I'm sacrificing my evening social life because I don't have one as a single mother anyway.

Persons: —, I've, salmorejo, it's, they're, It's, I'd Organizations: Service, Business, Stanford University, Psychology Locations: Spain

☆ Nvidia's chips are very popular. Its brand, less so.
▼ + stars: | 2024-06-23 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Nvidia recently joined Microsoft and Apple in the multi-trillion dollar valuation club. But Nvidia's brand doesn't have the household familiarity of the iconic Apple logo or Nike swoosh. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That's a question best aimed at Nvidia, which recently turned into a multi-trillion dollar company thanks to its valuable chips that are crucial in the artificial intelligence race.

Persons: — Organizations: Nvidia, Microsoft, Apple, Nike swoosh . Consulting, Service, Business

☆ Martine Rose’s Milan Fashion Week debut packs a punch
▼ + stars: | 2024-06-18 | by ( Scarlett Conlon | ) edition.cnn.com time to read: +5 min

“I wanted it to be a bit of a mess,” said Rose ahead of the show on Sunday that marked her debut on the Milan Fashion Week schedule after years presenting her label in London. For her Spring-Summer 2025 show, she continued to challenge traditional concepts of masculinity and classic codes of tailoring. Justin Shin/Getty Images“There is a familiar subversion but I never intend for things to be shocking,” she explained. Milan is something of a fitting host for Rose’s brand with the two sharing a sense of intrigue on first impression. As Rose notes of Milan, “it reveals itself slowly”.

Persons: Martine Rose, “, ”, Rose, Justin Shin, Milan, JW Anderson, Wales Bonner, it’s Organizations: CNN, Milan, Tomorrow Group, BFC, London Locations: Milan, British, London, —, waists, Bermuda, Florence, Paris, Italy

☆ Maker of Jeep and Dodge plans to kill chrome on cars, citing risks to those who make it
▼ + stars: | 2024-06-14 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +8 min

Southern California boasts the highest concentration of chrome plating shops in America and regulators in that state have been requiring those methods for years. But California is now moving toward an outright ban on chrome plating using hexavalent chromium while offering funding for chrome platers to transition to other methods. In 2019, green slime oozing out onto a highway near Detroit was found to be hexavalent chromium leaking from a nearby business. “We are also using light as the new chrome,” VW said in a statement shared with CNN. “Chrome peaked in the ’50s with the big American land yachts and stuff with giant chrome bumpers and giant chrome grills.

Persons: CNN —, It’s, ”, Leslie Kendall, Stellantis, it’s, Ralph Gilles, Gilles, Christian Richter, “, ” Gilles, ‘, ’, Bentley –, VW, Peter Valdes, Petersen, Kendall, we’ve Organizations: CNN, Petersen Automotive Museum, Fiat, Maserati, California Air Resources Board, Chrysler, Occupational Safety, Health Administration, National Association, EPA, OSHA, Chrysler Pacifica, Chrysler Pacifica Limited, Volkswagen, VW Group, Audi, Bentley, VW, “ Locations: Los Angeles, United States, Europe, Southern California, America, California, Detroit, Michigan, NASF

☆ Inside the Abercrombie & Fitch Resurrection: Sales, Stock Are Soaring
▼ + stars: | 2024-06-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

If it's any solace, the company was not really for Wall Street, either; its stock has been languishing over the past decade or so. Investors are eating it up: Abercrombie's stock a year ago, your returns would be better than that of almost any other stock, including the Wall Street darling Nvidia. "Can you and I think of another apparel retailer who literally reinvented themselves and then went to the moon with sales and earnings? When its longtime CEO exited the company at the end of 2014, its sales had declined for 11 consecutive quarters. AdvertisementAs opposed to the Abercrombie of 20 years ago, whose logos screamed A&F, the modern Abercrombie is muted.

Persons: Abercrombie, millennials, Gen Zers, Janet Joseph Kloppenburg, Fitch, Fran Horowitz, Zachary Warring, Horowitz, It's, Abercrombie doesn't, it's, " Horowitz, Women's, Kloppenburg, they're, Ali Grant, they've, They've, Emily Stewart Organizations: Abercrombie, Fitch, JJK Research, Outfitters, Netflix, Hollister, CFRA Research, Digital, Banana, Old Navy, Business Locations: cologne

☆ We went behind the scenes of a viral TikTok series in New York City that's part of a new wave of MTV-style social shows
▼ + stars: | 2024-06-05 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +7 min

"New media is having a moment here in New York City," Valentino told BI. Related stories"We have a development team pumping out pilots, new concepts, working new concepts," Fallen Media CEO Sol Betesh told BI. Fallen Media's production team optimizes audio and video on a noisy New York City block. Sydney Bradley/Business InsiderNew York City is a main characterFallen Media is a true New York City operation. Villalpando was recently on an episode of Fallen Media's "Bite Me," and Novi was on a recent segment of "Subway Oracle."

Persons: —, Michael Valentino, Tiffany Baira, Baira, Valentino, Sol Betesh, Sydney, Davis, Jason Derulo, Michael Bublé, Brian Baumgartner, Taco Bell, they're, Betesh, We'll, Maia Novi, Fabrizio Villalpando, Villalpando, Davis Burleson Organizations: Service, Business, YouTube, Media, MTV, Sydney Bradley, New, Washington, Fallen Media Locations: New York, New York City, influencer, TikTok, Instagram, Novi

☆ Does Google train its AI on YouTube videos? Here's what YouTube's CEO and the platform's terms of service say.
▼ + stars: | 2024-06-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

YouTube CEO Neal Mohan was asked in an interview about the possibility of Google using YouTube's massive digital content library to train its AI models. AdvertisementIn April, The New York Times reported that "Like OpenAI, Google transcribed YouTube videos to harvest text for its A.I. Mohan said some YouTube creators have specific contracts that can allow their content to be used in AI training. As The New York Times reported, Google may not be the only company looking to YouTube for AI training data. AdvertisementMohan says that, depending on what, if any, data OpenAI scraped, it could violate YouTube's terms of service.

Persons: —, Neal Mohan, Mohan, Emily Chang, Mira Murati, Sora, OpenAI, Chang, it's Organizations: Service, Google, Business, YouTube, The New York Times, New York Times, Wall Street Locations: The

☆ Tennis has a hot summer coming, fueled by Zendaya, ‘Challengers’ and luxury sponsors
▼ + stars: | 2024-05-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +11 min

Elsa/Getty Images“We say no a lot,” admits Evan Zeder, director of global sports marketing for New Balance’s tennis and baseball units. Lacoste, the French luxury brand, was born with tennis in mind since its start in 1933. Lacoste’s polo shirts have become a major part of the “tennis aesthetic,” or the luxury athleticism #tenniscore trending on social media. Alcohol brands trying to crack the US market see the growing popularity of tennis as an opportunity to introduce themselves to drinkers. Dobel became the US Open’s official tequila sponsor last year, bringing alongs its Ace Paloma cocktail that it sells at other tennis tournaments it sponsors.

Persons: New York CNN — It’s, ”, Louis Vuitton, Loewe, Serena Williams, they’re, Bob Lynch, ” Lynch, Roger Federer, Anne Hathaway, Roland Garros, Rafael Nadal, Christophe Petit Tesson, Novak Djokovic, Williams, Naomi Osaka, Carlos Alcaraz, Iga Świątek, Coco Gauff, “, outfitter, Gauff, she’s, Aryna, Elsa, Evan Zeder, Tommy Paul, it’s “, Lacoste, René Lacoste, “ Lacoste, Catherine Spindler, Djokovic, Daniil Medvedev, ” Novak Djokovic, Mike Stobe, ” Zendaya, ” Spindler, Maestro Dobel, Dobel, Paloma, Lander Otegui, Otegui, ” Otegui, Charlize Theron, Arthur Ashe, Katie Holmes, “ It’s, it’s Organizations: New, New York CNN, luxe, Vogue, ESPN, ABC, Tennis, United States Tennis Association, Brands, MLB, MLS, NBA, Tennis Channel, Netflix, CNN, YouTube, That’s, Wimbledon, Microsoft, Nike, Adidas, Lacoste, Australian, US, USTA Locations: New York, “, Swiss, Paris, Poland, Australia, London, Chambord, Mexico, Miami, Indian Wells, Cincinnati

☆ Wilson deal: Caitlin Clark just did something no athlete has done since Michael Jordan
▼ + stars: | 2024-05-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Breakout basketball star Caitlin Clark has a new achievement that hasn’t been accomplished since Michael Jordan. The WNBA player signed a multiyear deal with Wilson Sporting Goods Co., the league’s official basketball supplier, for “signature basketball collections celebrating Clark’s continued legacy,” the company announced Tuesday. In addition, she will “creatively direct her first-ever signature basketball line” that will roll out later this year. Wilson, which has produced the basketballs for the NBA for several decades, became the official game ball of the WNBA in 2020. Nike is also reportedly on the verge of signing Clark to design her shoe line, but no official deal has been formally announced.

Persons: Caitlin Clark, hasn’t, Michael Jordan, Clark’s, Wilson, Clark, “ Wilson, ” Clark, ” Organizations: New, New York CNN, WNBA, Wilson Sporting Goods Co, CNN, NBA, Indiana Fever, ESPN2, ESPN, Nike, Farm, Gatorade, Panini Locations: New York

☆ An artist reckons with the dangerous power of advertising and iconography
▼ + stars: | 2024-05-20 | by ( Abigail Glasgow | ) edition.cnn.com time to read: +8 min

The artist Hank Willis Thomas is pointing to one of the images: of two well-dressed, neatly coiffed men standing atop a cliff. "She's Somewhat of a Drag," a 1959 advertisement Thomas repurposed in his series "Unbranded: A Century of White Women." Across his work, Thomas reframes iconic and mundane imagery to connect viewers to historical moments of resistance and reshape our understanding of who counts in society. Here, a pro-football player appears to face off with an enslaved cotton picker, in Thomas' work "From Cain't See in the Mornin' Til Cain't See at Night." His body of work work reflects the observation — and, perhaps, a warning — that we have moved toward “existing in a society of branded consciousness."

Persons: Hank Willis Thomas, Thomas, Aaron Wessling, Jordan, “, Thomas ’, Drummond, —, ” Thomas, mascara, Jordan Schnitzer, ” Schnitzer, ” Thomas ’, Thomas reframes, Barack Obama, ”, “ I’ve, doesn’t Organizations: CNN, Art, White, White Women, Family, Cotton, Corporate America, Civil Rights, American Express Locations: ”, Oregon, United States, Gorée

Read previewWall Street is investing big in artificial intelligence — and that's good news for machine-learning engineers and other tech talent. Hirsch said that investment banks are hiring AI engineers to build in-house tools that they can use "across their trading, research, and risk-management functions." The 8 banks reviewed are JPMorgan Chase, Bank of America, UBS, Citibank, Barclays, Deutsche Bank, Goldman Sachs, and Morgan Stanley. We pulled data for roles containing keywords like "AI," "data science," "machine learning," and "prompt." AdvertisementCheck out data-science and AI salaries for JPMorgan, Goldman Sachs, Citi, Bank of America, and other investment banks:

Persons: —, JPMorgan Chase, Jamie Dimon, Dimon, Gil Perez, Giancarlo Hirsch, Hirsch, Goldman Sachs, Morgan Stanley Organizations: Service, JPMorgan, Business, Deutsche Bank, Wall, of Foreign Labor, JPMorgan Chase, Bank of America, UBS, Citibank, Barclays, Department, Labor, Citi Locations: America

☆ Rich Chinese millennials are creating new status symbols. Here are 11 ways they are redefining luxury.
▼ + stars: | 2024-05-19 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +12 min

Rich millennials in the US have been known to splash out on their pets, new laundry rooms, and expensive coffee machines. And over in China, rich millennials have their own ideas of what counts as a luxury status symbol. AdvertisementExpect to see these rich millennials mixing luxury casual wear like T-shirts and sneakers with traditional luxury brands, Banta told BI. And getting regular aesthetic treatments has become a top priority for affluent millennials, Banta told BI. Independent luxury brands that offer more authentic products and those that draw on cultural heritage are also highly in demand, she said.

Persons: —, they've, Rich millennials, They've, Claudio Lavenia, Louis Vuitton, Daniel Langer, Amrita Banta, Budrul Chukrut, Elisa Harca, Ant Asia, Mary, Kate, Ashley Olsen, prioritizes, Harca, Banta, JUAN BARRETO, Olivia Plotnick, Port Ellen, Alexandra Bacon, Ewan Andrew, Langer, Black Pearl, JOHANNES EISELE, Olivier Morin, Plotnick, Tom Dixon, Potnick, Gen, Gabriella Tegen, Gen Z Organizations: Service, Business, Pepperdine University, Research, Getty, JUAN BARRETO Travel, Wai, Social, Diageo, Michelin, China Morning, Meituan, Clover, Bloomberg, Clover Suites, China News Service, McKinsey, Brands, Independent Locations: China, Antarctica, Iceland, Shanghai, Port, Scotland, That's, Harca, Singapore, Banta, millennials

☆ Why are luxury brands waging war on the ‘upcycled’ clothing market?
▼ + stars: | 2024-05-13 | by ( Sarah Kent | ) edition.cnn.com time to read: +10 min

Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style. The design was upcycled from vintage Chanel scarves by stylist Logan Horne, whose brand, J. Logan Home, specializes in refashioning heritage luxury accessories. Fashion brands' legal claims are varied but ultimately boil down to concerns that third parties are free-riding on brands’ valuable IP in ways that could risk confusing consumers, eroding primary sales and tarnishing or diluting carefully cultivated marks. Some big brands, like Prada, Gucci and indeed Levi’s, have already dabbled with upcycling collections and programs of their own. These days, she says she’s having about a conversation a week with brands interested in exploring collaboration, but the industry moves slowly.

Persons: Travis Kelce, Logan Horne, Logan, Webster, They’ve, Chanel, Horne, ”, Susan Scafidi, J, Logan Home’s, Christian Vierig, Louis Vuitton, Levi’s, Jeremy Moeller, Irene Calboli, ” Chanel, des, Batsheva Hay, Monica Schipper, “, Hay, upcycling, I’m, Prada, Gucci, Anna Foster, Gabriela Hearst Organizations: The, Fashion, CNN, NFL, Dua, Law, Paris Fashion, Business of, “, Getty, Logan Home, Texas, M University, Fashion Trust, Business of Fashion, Industry Locations: New York, Texas, Beverly Hills , California, India, Europe

☆ 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

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