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☆ The Gap comeback that might actually be working
▼ + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com time to read: +21 min

Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.

Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, ”, Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, —, Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, “, Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana

☆ The Unsung Warriors of 'the Price Is Right' Who Took on Bob Barker
▼ + stars: | 2024-09-29 | by ( David Kushner | ) www.businessinsider.com time to read: +41 min

As one of the game show's four models known as "Barker's Beauties," Hallstrom had been a morning fixture in millions of homes. To counteract its image, "The Price Is Right" announced that Barker's Beauties would be adding a Black model. "That's exactly how we knew when she started having sex with Barker," Hallstrom says. "If one more thing happens on that set," Barker told him, "fire Holly." Before she left the show, Parkinson told Bradley she'd been fighting a stomach ulcer from all her battles with Barker.

Persons: Holly Hallstrom, wasn't, She'd, Bob Barker, Hallstrom, America's, Lucille Ball, Carol Burnett, Barker, groped, Bob, Matt Lauer, Charlie Rose, Roger Ailes, Leslie Moonves, — Dian Parkinson, Janice Pennington —, Marcus, —, she'd, Mark Goodson, Johnny Olson, Janice Pennington, Dian Parkinson, Pam Anderson, deadpanned, pratfalls, David Hasselhoff, Goodson, Goodson doesn't, Pennington, Kathleen Bradley, Bradley, Deborah Curling, Black, Steve Grayson, Parkinson, Linda Riegert, Riegert, Dian, Nancy Burnet, Barker's, Burnet, Holly, Smokey Robinson, Tim Reid, I've, Parkinson didn't, who'd, huff, Bradley she'd, They'd, bimbo, She's, Roger Neal, Neal, TikTok, kitschy Barker, Adam Nedeff, . Phillips, Suzanne Somers, Roger Dobkowitz, Jonathan Goodson, Annie Wells, they'd, Les Moonves, Curling, Moonves, George Gray, Mary Capps, Brandi Cochran, Lanisha Cole, Cole, Cochran, David Livingston, Victoria Sirakova, Ron Galella Organizations: Honda, CBS, YouTube, CBS Television, Navy, Future Farmers of, Hollywood, Beauties, Miss, Playboy, Caucasian Broadcasting, West Hollywood, PlayBoy, Bradley, National Enquirer, National, Goodson Productions, Hollywood Museum, Pillsbury, Entertainment, Hallstrom, Curling Locations: California, San Diego, America, Austin, Texas, Bay, Future Farmers of America, Tahiti, Lincoln, Laurel, West, Los Angeles, Pennington, Paris, Pacific Northwest, Glendale , California, Bradley

☆ The unsung warriors of 'The Price Is Right'
▼ + stars: | 2024-09-29 | by ( David Kushner | ) www.businessinsider.com time to read: +41 min

As one of the game show's four models known as "Barker's Beauties," Hallstrom had been a morning fixture in millions of homes. Hallstrom hasn't seen "The Price Is Right" in ages, and she winces when I say its name. The Price is Right / Internet ArchiveHallstrom, like her mother, was also modeling on the side. To counteract its image, "The Price Is Right" announced that Barker's Beauties would be adding a Black model. "I want you folks to know that the lovely Dian is leaving 'The Price Is Right' to pursue other interests," Barker announceAdvertisement"You are the heart and soul of 'The Price Is Right,'" she told the audience.

☆ U.S. Officials to Visit China for Economic Talks as Trade Tensions Rise
▼ + stars: | 2024-08-12 | by ( Alan Rappeport | More About Alan Rappeport | ) www.nytimes.com time to read: +1 min

A group of senior Biden administration officials is traveling to Shanghai this week for a round of high-level meetings intended to keep the economic relationship between the United States and China on stable footing amid mounting trade tensions between the two countries. Officials are expected to discuss ways to maintain economic and financial stability, capital markets and efforts to curb the flow of fentanyl into the United States. Although communication between the United States and China has improved over the past year, the economic relationship remains fraught because of disagreements over industrial policy and China’s dominance over green energy technology. The United States is also restricting American investments in Chinese sectors that policymakers believe could threaten national security. They are expected to meet with the People’s Bank of China’s deputy governor, Xuan Changneng, and other senior Chinese officials.

Persons: Biden, Brent Neiman, Xuan Changneng Organizations: Biden, U.S ., Treasury, Federal Reserve, Securities and Exchange Commission, People’s Bank Locations: Shanghai, United States, China

☆ This millennial DINK couple loves spending their disposable income on luxury vacations but worries about who will take care of them when they're older
▼ + stars: | 2024-07-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Read previewBrenton and Mirlanda Beaufils, 32 and 31, are living the good life. The Dallas-based millennial couple is the epitome of DINK energy, relishing their "double income, no kids" lifestyle and finding new and creative ways to make use of their disposable income each month. Brenton and Mirlanda Beaufils take frequent vacations thanks to their child-free lifestyle. Ditching the DINK statusBut just because they enjoy being DINKs now doesn't mean the Beaufils don't think about giving up the lifestyle one day. We never said we didn't want kids," Mirlanda said in the video.

Persons: —, Brenton, Mirlanda Beaufils, DINK, Neiman Marcus, Mirlanda, Brand, Beaufils, they're, We're Organizations: Service, Business, BI, Royal, YouTube Locations: Dallas, Italy, honeymooning, Jamaica, Royal Caribbean

☆ Saks Fifth Avenue in San Francisco will require all shoppers make an appointment. The controversial move could solve a major headache.
▼ + stars: | 2024-07-23 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

Read previewSaks Fifth Avenue shoppers visiting the brand's San Francisco store may need something they previously haven't: a reservation. AdvertisementThese appointment-only stores also require fewer staff, and the San Francisco Chronicle reported that the company will lay off an unspecified number of workers. Just as Union Square is a major center of retail in San Francisco, it has also been a statistical epicenter of retail crime. Advertisement"This move is essentially about Saks trying to make the San Francisco store work better," Saunders told BI. The San Francisco Standard spoke with several shoppers in the area who expressed disappointment at Saks becoming less accessible to regular people.

Persons: —, Larry Bruce, Neiman Marcus, Amanda Lai, McMillanDoolittle, Neil Saunders, Saunders, Breitling, Lange, Söhne, Patek Philippe, Emily Stewart Organizations: Service, Saks, Business, Gucci, San Francisco Chronicle, Nordstrom, Rolex, San Francisco Locations: San Francisco, Napa, Palo Alto, Las Vegas, L.A, New York, Union, Switzerland

☆ Saks CEO on Neiman Marcus deal: It's an 'exciting' time to do it
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaks CEO on Neiman Marcus deal: It's an 'exciting' time to do itSaks CEO Marc Metrick joins 'Money Movers' to discuss why the chief executive put the deal with Neiman Marcus together now, what it says about the future of department stores, and what Amazon's role is in the new company.

Persons: Neiman Marcus, Marc Metrick Organizations: Saks

☆ Biden's first post-debate interview could ultimately decide his fate
▼ + stars: | 2024-07-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at the mounting pressure President Joe Biden is facing to forgo his reelection campaign . The Clash's 1982 hit could be President Joe Biden's anthem these days as rumors swirl about his reelection bid. Under campaign finance law, the VP is the only candidate who can easily inherit the hundreds of millions of dollars raised by Biden's campaign . Patrick Semansky/AP Photo; BIBiden's first post-debate interview could ultimately decide his fate. In other newsAdvertisementWhat's happening todayA first look at Biden's interview with George Stephanopoulos airs on ABC.

Persons: —, he's, Barack Obama, Joe Biden, Win McNamee, Chelsea Jia Feng, Joe Biden's, Biden, Insider's Bryan Metzger, Biden's, Donald Trump, Lloyd Doggett, Raúl Grijalva, Kamala Harris — hasn't, Harris, Patrick Semansky, George Stephanopoulos, Karine Jean, Pierre, CFRA, Berkshire Hathaway, Neil Shearing, Jensen Huang, Justin Sullivan, Rebecca Zisser, Caitlin Clark, Alex Morgan, Hailey Welch, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Labour Party, Business, Democratic, ABC News, New York Times, Trump, Berkshire, Economics, Saks, Saks Global, ABC Locations: New Mexico, Virginia, Biden's, New York, London

☆ Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help
▼ + stars: | 2024-07-05 | by ( Nathaniel Meyersohn | Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Saks Fifth Avenue and Neiman Marcus are merging to create a luxury department store empire. “We’re thrilled to take this step in bringing together these iconic luxury names, Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman,” said HBC CEO Richard Baker in a release. Saks has 39 stores, while Neiman Marcus, which filed for bankruptcy in 2020, has 36 stores. Neiman Marcus also owns Bergdorf Goodman. Both of them will report to Baker, who becomes the executive chairman of Saks Global.

Persons: New York CNN —, Neiman Marcus, Bergdorf Goodman, “ We’re, ”, Richard Baker, Marc Metrick, Ian Putnam, Baker, Louis Vuitton, Michael Kors, ” Neil Saunders, “, Amazon, Saunders Organizations: New, New York CNN, New York CNN — Saks Fifth, Saks, HBC, Saks Fifth, Saks Global, HBC Properties, Canadian, Brands, Neiman, Capri, GlobalData, Federal Trade Commission, FTC Locations: New York, Hudson’s, Glendale , California, Columbus , Ohio

☆ Saks Fifth Avenue parent HBC to purchase Neiman Marcus Group in a $2.65 billion deal
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaks Fifth Avenue parent HBC to purchase Neiman Marcus Group in a $2.65 billion dealStorch Advisors CEO Jerry Storch joins 'Money Movers' to discuss Saks parent company's decision to buy Neiman Marcus, luxury retail's pandemic comparisons to today, and much more.

Persons: Jerry Storch, Neiman Organizations: Saks, HBC, Neiman Marcus, Storch

☆ CNBC Daily Open: UK Labour landslide election victory
▼ + stars: | 2024-07-05 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. UK Labour wins landslide victoryThe center-left Labour Party has won a landslide victory, ending 14 years of Conservative rule. Samsung shares climbed 2.84%, hitting their highest level since January 2021. Here are Evercore ISI's best stock ideas for the second half.

Persons: Keir Starmer's, Tony Blair's, Rishi Sunak, Brexiteer Nigel Farage, jeopardizing, Korea's Kospi, nonfarm payrolls, Saks, Neiman Marcus, Bergdorf Goodman Organizations: New York Stock Exchange, CNBC, Labour, Labour Party, Conservative, Keir Starmer's Labour, Party, Nikkei, Samsung, Samsung Electronics, CSI, S3 Partners, Saks Fifth, HBC, Saks, ISI Locations: May's

☆ Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
▼ + stars: | 2024-07-04 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Saks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers. The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus' namesake department store chain and Bergdorf Goodman. "We're thrilled to take this step in bringing together these iconic luxury names," HBC CEO Richard Baker. "This is an exciting time in luxury retail," Baker added, citing technological advancements that can "redefine" the customer experience. Neiman Marcus Group CEO Geoffroy van Raemdonck called the partnership a "proactive choice in an evolving retail landscape."

Persons: Neiman Marcus, Bergdorf Goodman, We're, Richard Baker, Baker, Marc Metrick, Ian Putnam, Geoffroy van Raemdonck, what's Organizations: Saks Fifth, HBC, Saks Global, Saks, HBC Properties, Investments, Neiman

☆ Two luxury rivals are joining forces — and Amazon is getting in on the action
▼ + stars: | 2024-07-03 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

In a deal that shows just how hard things are getting in the luxury retail space, Saks Fifth Avenue's parent is purchasing rival department store company Neiman Marcus for $2.65 billion, The Wall Street Journal reported. Amazon — which has long tried to boost its luxury offerings as part of its "everything store" concept — and Salesforce are getting in on it, too, with both taking minority stakes in the new company, Saks Global. As e-commerce and the power of luxury conglomerates like LVMH and Kering have grown, department stores are facing diminishing returns. If not, rather than schlep back to the department store, why not go straight to the source, the Loewe boutique? It also makes the new company's leader — Marc Metrick, who runs Saks' e-commerce business — a natural choice.

Persons: Neiman Marcus, Taylor, Macy's, Bergdorf Goodman, Porter, Loewe, — Marc Metrick, Louis Vuitton, Gucci, Saint Laurent, Kering, Neimans, They've, Bernard Arnault's LVMH Organizations: Service, Saks Fifth, Street Journal, Saks Global, Loewe, Saks, Dior Locations: New York

☆ ALICEs, DINKs, HENRYs, and More: a Complete Guide
▼ + stars: | 2024-06-17 | by ( Erin Snodgrass | Jacob Zinkula | ) www.businessinsider.com time to read: +17 min

But the terms' recent popularity suggests people want to understand how they fit into the broader economy beyond standard measurements. But that, too, is uncertain: She said she was "dangerously close" to losing the aid because her income is too high. ALICEs tend to be older or younger workers, and while they're represented across racial groups, they're more likely to be Black or Hispanic. HIFI: High Income, Financially InsecureHIFI is the latest acronym to join the club. In a 2021 Medium post, Erica Dhawan defined "geriatric millennials" as millennials born in the early 1980s.

Persons: ALICE, HENRY, Kory, Anthony Klotz, Kantenga, DINK, They've, they've, Eric Anicich, Henry, Alice, haven't, Sarah, she's, — there's, they're, Carrie, Gen Zers, Brenton, Mirlanda, Neiman Marcus, Katie Notopoulos, Paige Connell, Connell, Chrissy Arsenault, Arsenault, Jimmy Simpson, who've, Rich, Christopher Stroup, Stroup, HIFIs, Erica Dhawan, Dwahan, Louis, —, Jewel Benjamin, Benjamin, micromanaging, Erin Snodgrass, Jacob Zinkula Organizations: FIRE, Business, LinkedIn, Texas, USC Marshall School of Business, : Asset, SNAP, Los Angeles Times, DINKs, Public School, Financial Independence, Sherwood News, Federal Reserve Bank of St, Federal Reserve, University of Michigan Health, Social, Social Security Locations: POLK, City, Dallas, Boston, Massachusetts, Colorado, Santa Monica , California, millennials, Georgia

☆ The incredible oblivion of Judge Marvin Isgur
▼ + stars: | 2024-06-03 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +45 min

On a mild Houston day in March 2021, Judge Marvin Isgur prepared to oversee the only case on his docket that morning. In October 2023, the Fifth Circuit Court rebuked Judge David Jones but said that his longtime colleague, Judge Marvin Isgur, had been "unaware" of Jones' inappropriate relationship. "But only Judge Isgur knows what he knew or didn't know about the relationship." Much of this work was in cases before either Judge Isgur or Judge Jones. Isgur can continue to hear the case, he ruled, writing in the December 2023 opinion that lawyers for the creditor "failed to demonstrate much other than that former Judge Jones and Judge Isgur are close friends."

Persons: Marvin Isgur, David Jones, Jones, Elizabeth Freeman, Jackson Walker, Isgur, Michael Van Deelen, he'd, Freeman, Matthew Cavenaugh, Cavenaugh, Michael Van Deelen Van, Judge Jones, who'd, Steve Smith, Smith, Michael Lewis, Van Deelen, I'm, Van Deelen's, Tom Kirkendall, Gary Cruciani, Judge David Jones, Nancy Rapoport, University of Nevada Las Vegas William S, Kirkendall, " Jones, Trump, she's, Sarah, Porter Hedges, —, — Elizabeth Freeman, John Higgins, Whitney Ables, Josh Wolfshohl, Amy Lucas, Porter, Wesley Steen, Fifth Circuit —, that's, Liz, Bruce Markell, it's, Judge William Greendyke, Lynn LoPucki's, Patricia Tomasco, Christopher Lopez, Manges, Greendyke, Albert Alonzo, Alonzo, Jones Isgur, Susan Tran Adams, Matt Cavenaugh, Veronica Polnick, Genevieve Graham, cookout, Graham, Tran, Christina Morrison, David, I, Neiman Marcus, J.C, Penney, Freeman hadn't, hadn't, Jim Wilkinson, Ellis, Kirkland, Ellis —, Veronica Polnick —, Polnick —, Elizabeth, COVID, Jackson, Kirkland Ellis, they'd, — Greendyke, Wilkinson, Judge Isgur, Mike Warner, Eduardo Rodriguez, Rodriguez, Isgur's, Judge Lopez —, Lopez, Alfredo Perez, Weil, Perez, Richard Schmidt, Jack Newsham Organizations: Business, Southern District of, McDermott International, Southern, Houston, Fifth Circuit, Appeals, Department of Justice, Fifth, University of Nevada, Boyd School of Law, Circuit, University of Houston, American Bankruptcy Institute, Emory Law School, Emory, Facebook, Big Law, Reuters, Bloomberg, Northwestern's Pritzker School of Law, Enron, LinkedIn, Southern District of Texas, Judicial Conference, Texas, Chesapeake Energy, Big, Kirkland, Cavenaugh, UPS, Technologies, Candy Club, Omni, Norton Rose, GWG Holdings Inc, Brands, Southern District's, Southern District, US, Former Locations: Texas, Southern District, Southern District of Texas, Houston, New Orleans, United States, University of Nevada Las Vegas, Kirkendall, Galveston, Carolina, Porter, Harris, Nevada, Southern District of Texas , Delaware, New York, Delaware, Weil, Southern, disgorge, Sorrento, Corpus Christi, prefacing

☆ Shein's U.S. charm offensive and IPO could hinge on NRF membership. So far, it's been rejected
▼ + stars: | 2024-05-13 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +9 min

Open to allIt's unclear why the NRF rejected Shein's membership application, but according to one of the people familiar, someone with sway is strongly against the company's admittance. The NRF's board has a leadership team and an executive committee. An NRF membership application form that can be found online states: "Companies principally engaged in retailing are eligible for membership in the Federation." Two of the board members said they weren't aware of any instances where the NRF denied a retailer membership. "I don't think they are in the business of turning anyone down," one of the board members told CNBC.

Persons: Scott Olson, Matthew Shay, Courtney Reagan, CNBC Steve Dennis, Neiman, Sears, Dennis, Shein, John Furner, Bob Eddy, Mike George, Brian Cornell, Tony Spring, wasn't, Wang Ying, Ashley Sanchez, Joscelin Flores, Allen J, They've, Temu, it's Organizations: Getty, National Retail Federation, CNBC, Neiman Marcus, New York Stock Exchange, Shay, Walmart U.S, BJ's Wholesale, Qurate, QVC, Federation, Brands, Publicis Groupe, Coresight, Xinhua News Agency, Forum, World Retail, Los Angeles Times, Chinese Communist Party Locations: Whitestown , Indiana, New York City, America, U.S, New York, United States, Hamburg, Germany, Los Angeles, Paris, Davos, Switzerland, Las Vegas, Shoptalk, Fontana, Ontario Mills, Ontario

☆ ‘I am so scared of them now’: Burned from overspending, some ‘buy now, pay later’ users warn others away
▼ + stars: | 2024-03-30 | by ( J.J. Mccorvey | ) www.cnbc.com time to read: +8 min

But the $6,000 in BNPL loans she'd racked up over roughly two years felt frivolous, she said, especially because they're planning to buy their first home. Many are seeking cover from high credit card interest rates. After trimming her discretionary spending and sticking to home-cooked meals, she said she's been able to whittle down her BNPL debt to about $1,200. Klarna said it had responsible spending limits for its users, whose average outstanding balance is $150, compared to the more than $6,000 for credit card users. Baird, for her part, acknowledged BNPL services can make inflation and high interest rates feel "easier" for those who can keep their shopping impulses under control.

Persons: Tia Whiteside, Whiteside, she'd, Dyson, she's, Marcus, whittle, Ben Lourie, Lourie, aren't, I've, Amy Baird, Baird, Kevin Mahoney, Mahoney, —, Afterpay, Klarna, Sen, Sherrod Brown, Raphael Warnock, John Fetterman, Brown Organizations: LexisNexis, Solutions, University of California, UC Irvine, Singapore Management University, PayPal, Consumer Financial Protection Bureau, Financial, D.C, Sens, NBC News Locations: Greenville , South Carolina, Irvine, Stanford, Dallas, Washington, Ohio

☆ Ivanka Trump's style has done a full 360° since ditching her father's campaign and distancing herself from politics — just check her Instagram
▼ + stars: | 2024-03-10 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +7 min

Read previewIvanka Trump's days as a prominent White House advisor are behind her, and she's got a new image in the works. Donald Trump and Ivanka Trump on March 20, 2020 in Washington, DC. AdvertisementJared Kushner and Ivanka Trump walk on the south lawn of the White House on November 29, 2020. In the White House, Ivanka's style was professional and predictableAs an advisor, Ivanka's style while working at the White House can be summed up in a few words: professional, feminine, and safe. AdvertisementDon Jr., Donald Trump, and Ivanka Trump on "The Celebrity Apprentice" in 2009.

Persons: —, she's, It's, Donald Trump, Ivanka Trump, Alex Wong Namely, Ivanka, Jared Kushner, Tasos Katopodis, Trump, minidresses, Don Jr, Bill Tompkins, Escada, Marcus, Steven Mnuchin, Oscar, la, Neiman Marcus, Donald, Mitra Ahouraian, I'm, Alessandra Rich, Emilio Pucci, Pucci, Kim Kardashian, Monique Lhuillier, Ahouraian, Kardashian, Kushner, Ambani, Manish Malhotra Organizations: Service, White, Business, New York, Trump Org, White House, Getty, Neiman, Footwear News, United, Treasury, Mail, Gucci, Miami Grand Prix, Footwear, Fontainebleau Locations: Washington , DC, New, New York City, Florida, New York, United States, Fontainebleau Las Vegas, India

☆ 3 quiet luxury dupes that can transform your home for less, according to an interior designer
▼ + stars: | 2024-03-02 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +5 min

Less is more when it comes to quiet luxury, which has influenced everything from knitwear to skincare. This dupe of a Neiman Marcus throw pillow will save shoppers $120Neiman Marcus' Brera Lino Pillow. The company also sells Santal 26, a warm and musky fragrance sold as a home diffuser oil. Home Depot's frameless LED mirror. AdvertisementBed Bath & Beyond's frameless LED mirror.

Persons: —, Devin Shaffer, Shaffer, Neiman Marcus, Brera Lino Pillow, Modern's, Edgar, Le Labo, Le Labo Shaffer, Le Labo's, Cade, Dupes Organizations: Service, Business, Brera, Le, Depot Locations: eau, New, Fairmont

☆ Turns out that giving up the grind and retiring to Italy is as good as it sounds
▼ + stars: | 2024-03-02 | by ( Joi-Marie Mckenzie | Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

If you've ever dreamed of giving up the grind and retiring in Italy, apparently it's as good as it sounds. On the agenda today:This story is available exclusively to Business Insider subscribers. In fact, this is a topic my colleagues at Business Insider cover extensively all year long. But understanding and improving your VO2 Max, a measure of how much oxygen you use during exercise, could be the key to unlocking a longer life. AdvertisementA higher VO2 max can give you a better chance at a longer life.

Persons: —, we've, Alyssa Powell, They're, Christopher Malcolm, Getty, Klaus Vedfelt, Abanti Chowdhury, Max, Marc Piasecki, Tyler Le, Stellan, Skarsgård, Baron Vladimir Harkonnen, Jia Feng, Devin Shaffer, Neiman Marcus, Le, Napoleon, Ridley, Joaquin Phoenix, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Getty, Universal, Miramax, Warner Bros, BI, Netflix, Apple TV, Apple, Hulu, Paramount Locations: Italy, Texas, Tuscany, America, United States, New York

☆ Wayne LaPierre: Dapper as Charged
▼ + stars: | 2024-02-23 | by ( Guy Trebay | ) www.nytimes.com time to read: +1 min

You’d think Wayne LaPierre would have read the playbook. After decades in the spotlight, the former chief executive of the National Rifle Association could have been expected to know that, for public figures, conspicuous consumption is always a bad look. This is seldom truer than when sartorial choices come into play. Haven’t we been here before? Wasn’t Sarah Palin rudely schooled on the matter back in 2008, when, even as she campaigned alongside Senator John McCain as a champion of blue-collar workers, it was revealed by Politico that staffers shopping for Ms. Palin spent more than $150,000 on clothes and accessories from high-end retailers like Neiman Marcus — in a single month.

Persons: You’d, Wayne LaPierre, Wasn’t Sarah Palin, John McCain, Palin, Neiman Marcus —, Paul Manafort, Donald Trump’s Organizations: National Rifle Association, Politico Locations: Beverly Hills

Fran Horowitz, Abercrombie & Fitch CEO: The future of retail is small, efficient, omni stores, and they're located where the customer tells us. I get really, really excited about what this means in the operations of the business, using predictive analytics to help us forecast demand. They're worldwide, a zillion stores, and their operations and execution, aside from their merchandising, I think they're always on top of the game. I think you're going to see an interaction with someone in a setting that doesn't look like retail, but looks like a fantastic experience. Nicholas of Sam's Club: Another retail standard that is really going to be important beyond the customer is energy.

Persons: Christina Locopo, Fran Horowitz, Abercrombie, Patrick MacLeod, WWD, Michelle Gass, Levi Strauss, they're, Jens Grede, Geoffroy van Raemdonck, Neiman Marcus, there'll, Trina, Patrick T, Fallon, Chris Nicholas, Kara Trent, Levi's Gass, Tom Ward, Erin Black, CNBC Abercrombie's Horowitz, Marc Lore, Mickey Drexler, TikTok, Adam Jeffery, Dave Kimbell, It's, Scott Mlyn, CNBC Neiman's van, you've, Yael Cosset, —, Ulta's, Arturo Holmes, Trent, That's, we've, Kroger's, Abercrombie's Horowitz, I've, Dia Dipasupil, Neiman's van, who's, Lulu, Drexler, Armour's, Dior, Louis Vuitton, Hermes, Armour Levi's Gass, Emma Grede, Kardashian, Kim, Geoffroy van Raemdonck Patrick Mckleod, Nicholas of Organizations: CNBC, Abercrombie, Fitch, Abercrombie & Fitch Co, Penske Media, Getty, Milken Institute Global Conference, AFP, Sam's, Technology, Walmart U.S, Walmart, New York Times, Navy, WWD, Young, Nike, TJX, Zara, Armour's Trent, Americas, Nicholas of Sam's, Sam's Club Locations: they're, Beverly Hills , California, New York City, America, New York, U.S, Skims, Inditex, Kara, Walmart's

☆ True Religion explores a sale as maximalist, Y2K-era styles make a comeback
▼ + stars: | 2024-02-15 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

The hedge fund that owns True Religion is exploring a sale of the Y2K-era jeans brand as it returns to growth and profitability after emerging from its second bankruptcy, CNBC has learned. It's unclear what valuation True Religion is seeking, but it could sell for a mid single digit multiple of its EBITDA, the people said. Farmstead Capital Management, True Religion's owner, has hired Baird to run the sale process. True Religion went public in 2003 and made headlines for its growth and profits. Buckley, who helmed the company during its 2000s heyday and returned in 2019, has transformed True Religion into a leaner machine.

Persons: Baird, Baird didn't, Juicy Couture, Jessica Simpson, Britney Spears, Neiman Marcus, Bloomingdales, Michael Buckley, athleisure, Buckley, Levi Strauss, Levi, Michael Kors, Ralph Lauren Organizations: CNBC, Farmstead Capital Management, Saks Fifth, Religion, Nike Locations: Angeles

☆ TikTok’s ‘Mob wives’ aesthetic is fueling a resurgence of fur
▼ + stars: | 2024-02-01 | by ( Yola Mzizi | ) edition.cnn.com time to read: +7 min

This year may bring even more demand due to the explosion of the “mob wives” aesthetic on TikTok. In 2021, Israel became the first country in the world to enact a ban on new fur sales, while Italy and Norway announced they would stop fur farming. ‘Mob wives’ influenceOn TikTok, trends can rise and fall within a matter of weeks, if not days, and “mob wife” is no exception. In the coming months, Spiber said they will partner with a number of brands to develop custom fur products. Leopard print is another key tenet of the 'mob wife' style.

Persons: CNN — Edwards, Edwards, Lowell Furs ’, —, Paul Matsumoto, Natalie Bloomingdale, Raymond Hall, ”, Matsumoto, it’s, Porter, Versace, Prada, Neiman Marcus, Michael Kors, Israel, François, Henri Pinault, Angela Raiola, Drea de Matteo, Adriana La Cerva, Victoria Gotti, John " Junior, Gotti, Ray Tamarra, Mary Altaffer, Mandy Lee, Lee, Emmanuel Dunand, Kayla Marci, “ We’ve, Spiber, Victor Virgile, Callie Clayton, PJ Smith, Smith Organizations: The, Fashion, CNN, Lowell, HBO’s, Everett, Dolce, Gabbana's, Humane Society of, Business Locations: California, Beverly Hills, Edwards, Dua Lipa, New York, Bloomingdale, Canada, Italy, Norway, Paris, AFP, Zara, Milan, Spiber, United States

☆ Neiman Marcus CEO says there's ‘no need’ to sell the business as Saks takeover rumors swirl
▼ + stars: | 2024-01-10 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

ORLANDO, Fla. — As rumors swirl over whether Saks Fifth Avenue will acquire Neiman Marcus, Neiman's CEO told CNBC there's "no need" to sell the business, adding it's unlikely to change hands in the next five years. Some people close to the companies have told CNBC a merger between the two is inevitable, and is a matter of when, not if. But Neiman's CEO Geoffroy van Raemdonck said there is currently "no process to sell the company." Eventually, those owners will seek to offload the business, but van Raemdonck said it won't be any time soon. They have not yet received an offer that was large or attractive enough to move the needle, a source familiar with the matter previously told CNBC.

Persons: Neiman Marcus, Geoffroy van Raemdonck, there's, van Raemdonck, Neiman, There's Organizations: Saks, CNBC, Street, Pacific Investment Management, Davidson, Capital Management, Sixth Street Partners, Neiman, CNBC PRO Locations: ORLANDO, Fla, Orlando

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