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☆ Some wealthy people trying to sell their luxury homes are struggling
▼ + stars: | 2024-05-28 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Read previewThe world of luxury real estate might seem like a place where deals are plentiful, transactions are swift, and satisfaction is guaranteed. "I wanna be free to garden and travel and not have to worry about the house — but I'm not taking nothing," Morgan told Curbed. "A lot of luxury buyers may already have a primary home, so maybe they're looking for a new investment," StreetEasy Senior Economist Lee said. AdvertisementThat's partly why more luxury buyers are increasingly considering renting out their homes rather than selling them, he added. Concierge AuctionsLee noted another factor contributing to the difficulty of selling luxury properties: the high costs associated with their maintenance and upkeep.

Persons: —, Kenny Lee, Sonja Morgan, John Adams Morgan, Morgan Chase, Morgan, Curbed's Bridget Read, I'm, Michael Jordan, There's, Nile Niami, Richard Saghian, Ron DeSantis, Lee, canalso, It's Organizations: Service, Business, Housewives, New, Fashion, Florida Gov, Morgans, Yorker Locations: New York City, New York, Chicago, Los Angeles, Upper Eastside

☆ Larsa Pippen explains why her 15-year-old daughter has a $2,500 monthly allowance while living with dad Scottie Pippen
▼ + stars: | 2024-03-09 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

She and her ex-husband, Scottie Pippen, give their teen daughter a $2,500 monthly allowance. AdvertisementLarsa Pippen defended her decision to give her 15-year-old daughter a $2,500 monthly allowance. Larsa, 49, shares a daughter, Sophia, and four sons with former NBA star Scottie Pippen. Scottie and Larsa Pippen. Representatives for Larsa Pippen, Scottie Pippen, Marcus Jordan, and Michael Jordan did not immediately respond to Business Insider's request for comment.

Persons: Larsa Pippen, Scottie Pippen, Larsa, —, Sophia, Bravo, Scottie, Andy Cohen, Sophia Pippen, Manny Hernandez, Oscar de la, Bobby Metelus, doesn't, Michael Jordan's, Marcus, swirled, Michael, Marcus Jordan, Michael Jordan Organizations: Housewives, Miami, Service, NBA, Bravo, Fashion Nova Locations: Miami, Los Angeles, LA

☆ What is fast fashion, and why is it so controversial?
▼ + stars: | 2023-11-24 | by ( Amaya Mcdonald | Taylor Nicioli | ) edition.cnn.com time to read: +7 min

But while cheap chic may seem like the way to go, the fast fashion industry sees clothing pushed out on a scale that is even too large for most consumers to keep up with. Why is fast fashion so popular? Fast fashion accounts for “quick designs, quick manufacturing, quick marketing, quick retailing — it doesn’t leave the time to consider these bigger needs, like ethical considerations or rights of workers,” Osnes said. “The planet is on fire, and the truth is the fashion industry aids in a percentage of that.”Is ‘sustainable fashion,’ a viable alternative? But shop responsibly… try to use your budget to buy one good quality item,” Arya said, instead of a glut of fast fashion basics.

Persons: CNN —, Preeti Arya, Vox, Shein, Jade Gao, Beth Osnes, ” Osnes, “ It’s, ”, Aja Barber, Technology’s Preeti Arya, Richard Levine, Arya, ” Arya Organizations: CNN, Fashion Institute of Technology, New York Times, Times, Shein, Getty, United Nations Environment Programme, Greenpeace, George Washington University . Apparel, University of Colorado, Fashion Institute, Technology’s, Thrift Locations: New York, United States, Paris, Zara, Singapore, China, Guangzhou, AFP, India, Bangladesh, Pakistan

☆ I'm PinkyDoll, the most popular NPC creator on TikTok. I don't care about the haters — what's important is my son is going to have a beautiful life.
▼ + stars: | 2023-08-24 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +5 min

"Mm, ice cream so good, yes yes yes. I first made my account last summer, and I started doing the NPC TikTok trend by accident a few months ago. I spend about six hours a day doing livestreams and making content. My other videos bring in a little income, but nowhere near as much as my NPC livestreams. I know what it's like to grow up with nothing, and I'm going to make sure he doesn't.

Persons: PinkyDoll, Sinon, livestreaming, They're, I'm, Timbaland, Haters, they're, It's, —, who's Organizations: Service, Fashion, Nova Locations: Wall, Silicon, Montreal, Québec, TikTok

☆ I'm PinkyDoll, the most popular NPC creator on TikTok. I don't care about the haters — they're just jealous I'm making money and they're not.
▼ + stars: | 2023-08-24 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +5 min

☆ Gen Z Fast Fashion, Live Shopping, Clothes Addiction Destroying Planet
▼ + stars: | 2023-05-17 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +13 min

The Gen Z paradoxGen Z's economic power is growing faster than other generations, according to Bank of America. In the US, fashion is the preferred category for entertainment spending among Gen Z, outranking dining out, video games, and music. A 2021 McKinsey survey found that 42% of American Gen Zers said they didn't even know what makes clothes sustainable. In addition to pushing people to buy more clothes, the buy-now, think-later model of live shopping also encourages people to buy clothes that are worse for the planet. To solve that problem, she founded Viviene New York in 2022, a Gen Z-led marketing agency that helps sustainable brands connect with Gen Z audiences through social media.

☆ Meet Fashion Nova's billionaire CEO who owns the biggest modern home in the US —a $126 million LA megamansion
▼ + stars: | 2023-04-28 | by ( Áine Cain | Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Richard Saghian is best known as the fashion mogul behind Fashion Nova, but he's also snapped up pricey real estate. Within a year, he bought a $40 million home on Malibu's "Billionaire's Beach" and shelled out $126 million for the biggest modern home in the US. The billionaire exec has shelled out $40 million for a 6,000-square-foot home on Malibu's exclusive "Billionaire's Beach," The Real Deal reported. Less than a year prior, Saghian bid $126 million at auction for a Los Angeles megamansion. Nicknamed "The One," the 105,000-square-foot property is considered the biggest modern home in the US.

☆ Shoppers say secondhand stores like Goodwill are getting too expensive as Gen Z makes thrifting cool
▼ + stars: | 2023-03-21 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +4 min

TikTokers are complaining about high prices in secondhand stores like Goodwill and Salvation Army. The US thrift market has grown substantially in recent years and thrifting has become a popular pursuit of Gen Z shoppers, who have been credited with championing a more sustainable way to shop. But Gen Z shoppers aren't only buying secondhand items for themselves. That is a dubious delineation when it comes to major secondhand clothing corporations," Jennifer Le Zotte, an assistant professor at the University of North Carolina Wilmington told Vox. 23-year-old Stefani Colvin, who has been thrifting since 2016, told Insider that prices have been gradually on the rise in thrift stores.

☆ The 10 best and worst brands for influencers to work with, according to data from about 9,600 creator reviews
▼ + stars: | 2023-01-09 | by ( Nhari Djan | ) www.businessinsider.com time to read: +3 min

Creator-review platform FYPM ranked the 10 best and worst brands for influencers to work with. F*** You Pay Me, a platform for creators to anonymously review brands, published in January its first list of the best and the worst brands to work with, based on data from 9,578 responses from influencers on its platform. The list, which was published on FYPM's blog, described some of the characteristics that the best brands have in common. Adobe, at the top of the "best" list, garnered good feedback about its relationships with influencers. Lugrin also said that the variety of businesses that made the "best" list may surprise people, and shows that influencer marketing touches everything.

☆ In a tough year for hedge funds, the top firms still crushed it
▼ + stars: | 2023-01-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

But first, we've got hedge fund returns. It's returns season for hedge funds, and boy is this year a doozy. Insider's Alex Morrell has a breakdown of how some of the flagship strategies at top hedge funds like AQR, Citadel, D.E. Alex's story gets into the nitty gritty — and more importantly, the specific numbers — but the big takeaway is this: While 2022 was a pretty awful year for the hedge fund industry, some of the industry's top funds absolutely crushed it. And while it might seem impossible to figure out a way to make money in that type of environment, that's exactly when I'd expect a hedge fund to step up.

☆ Fashion Nova founder joins 'Billionaire's Beach' with all-cash purchase of $40 million Malibu property — a 20-minute drive from his $126 million Bel-Air mega-mansion
▼ + stars: | 2023-01-06 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Fashion Nova founder Richard Saghian is now a resident of Malibu's exclusive Billionaire's Beach. Saghian paid $40 million in an all-cash deal for the Malibu beachfront home. Less than a year ago, Saghian purchased "The One" in Bel-Air for $126 million, the largest modern home in the US. According to the listed addresses for both properties, Saghian's new home is just a 20-minute drive from his megamansion in Bel-Air. The fashion executive secured his new Malibu home for $20 million less than its June asking price of $69 million, according to The Real Deal.

☆ See inside the biggest modern home in the US, a 105,000-square-foot Los Angeles megamansion that sold for $126 million to Fashion Nova's billionaire CEO
▼ + stars: | 2023-01-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: 1 min

As for The One, it still holds the title of biggest modern US home. Given its auction, however, it obviously no longer has the record for the most expensive home for sale in the US. Cody Boone, SERHANT StudiosCurrently, that record belongs to a $250 million penthouse in New York City called The One Above All Else. At 1,416 feet above the city, the penthouse is also the world's tallest residence.

☆ Meet Fashion Nova's billionaire CEO, who just bought a $40 million beach home after buying the biggest modern home in the US last year for $126 million
▼ + stars: | 2022-03-08 | by ( Áine Cain | Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Richard Saghian is best known as the fashion mogul behind fast fashion brand Fashion Nova. Saghian is also snapping up pricey real estate. But that isn't his first big real estate purchase in LA. Last year, he shelled out $126 million for a Bel-Air megamansion, the biggest modern home in the US. The billionaire exec recently shelled out $40 million for a 6,000-square-foot home on Malibu's exclusive "Billionaire's Beach," The Real Deal reported.

☆ YouTuber Anna Campbell sells a lifestyle of sex, drugs, and drama. Her exes say she's a danger to teens.
▼ + stars: | 2021-08-10 | by ( Kat Tenbarge | Charlotte Colombo | ) www.businessinsider.com time to read: +23 min

In her YouTube videos, Campbell says the money goes toward drugs and gifts for one girlfriend after another. Campbell acknowledged in a YouTube video that she had sex with Pendergraff while Pendergraff was "black out" drunk. Kaylee Jade said Campbell abused her repeatedly throughout their relationshipDuring her on again, off again relationship with Pendergraff, Campbell started to date Kaylee Jade, too. According to Jade, Campbell DM'd her on Twitter in 2019 when she was 18 and experiencing homelessness. In a since deleted YouTube video, Campbell said she got "physical" with Jade, including throwing her to the ground.

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