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☆ What Does ‘Colorful Formal’ Mean?
▼ + stars: | 2023-06-12 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

What is “colorful formal”? Where did it come from, and what does it mean I should wear? “Colorful formal” is yet another newish dress code term that, like “creative black tie” or “razzle-dazzle” or “mountain elegant,” actually makes the recipient of such an invitation want to rip it into little shreds and stomp on them. What is wrong, one wonders, with plain old “black tie” or “cocktail dress”? Those terms are generic enough to encompass a broad range of outfits (one person’s cocktail is another person’s lingerie), and the guardrails are relatively clear.

Persons: Alice, Waban, Karl ”, Jared Leto, ”, Kim Kardashian, Marilyn Monroe’s

☆ You can now buy Victoria's Secret underwear on Amazon
▼ + stars: | 2023-06-06 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Victoria's Secret is now selling its underwear and apparel products on Amazon. These items will be eligible for speedy shipping via a Prime membership. As of June 6, it's now possible to order underwear, swimwear, and apparel from both Victoria's Secret and its Pink brand on Amazon.com. According to Victoria's Secret, these items are eligible for speedy shipping via an Amazon Prime membership. Victoria's Secret has just over 830 stores across the US and Canada after closing 250-plus locations since the pandemic.

Persons: Birkenstock, —, it's, hasn't Organizations: Nike, Service, Amazon Locations: North America, Canada, Birkenstock

☆ Walmart gobbled up and spit out e-commerce brands like Bonobos and Moosejaw. Here's what happened to the retailer's jilted exes.
▼ + stars: | 2023-06-03 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

Walmart has sold three digital companies — Moosejaw, Bonobos, and Eloquii — this year. In the past few months, Walmart announced it was selling outdoor recreation apparel and gear company Moosejaw, upscale e-commerce apparel company Bonobos, and plus-size clothing company Eloquii. Under Lore, despite big revenue growth, the Walmart e-commerce division incurred major losses, sometimes annually upwards of $1 billion. Here's a look at each of the companies Walmart has offloaded this year. Bonobos, founded in 2007, attracts young, urban customers with its slim-fitting pants, shirts, jackets, and suits.

Persons: Marc Lore, —, Lore, Doug McMillon, Eoin Comerford, Bebeto Matthews, Ben Tobin Organizations: Walmart, Service, Privacy, Lore's, Dick's Sporting Goods, Moosejaw Walmart, Bonobos Walmart, Bonobos, Bebeto Matthews Walmart, WHP Global, Express, FullBeauty Brands Locations: Arkansas, Bentonville , Arkansas, Michigan, Walmart's, New York

☆ Look of the Week: J. Smith Cameron makes the case for party pajamas
▼ + stars: | 2023-06-02 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

Don’t cry because “Succession” is over, smile because J. Smith Cameron wore an extravagant set of feather-trimmed pajamas to the finale watch-party. Discovery, parent company of CNN) were mourning the end of “Succession,” Smith Cameron — who plays Waystar general counsel Gerri Kellman — and her stylist Cat Pope gave us something to grin about. The look even received the approval of Sex and the City’s Kim Cattrall, who simply commented: “Perfect.”The Sleeper set worn by J Smith Cameron retails for $390 on the brand's website. That The Sleeper set takes its sartorial cues from this era, and that it’s being worn by Smith Cameron, is a knowing wink. This is Smith Cameron’s silver screen moment, and she’s dressing for it.

Persons: Smith Cameron, ” Smith Cameron —, Gerri Kellman —, Cat Pope, ” Smith Cameron, Kim Cattrall, Cameron Smith It’s, ” Smith, ”, J Smith Cameron retails, Sylvia Pedlar, Anna Sui, Christy Turlington, Naomi Campbell, Linda Evangelista —, mary janes, Sarah Burton, Alexander McQueen, Gigi Hadid, Morgan, Jean Harlow, Smith, Hollywood starlets Vivien Leigh, Shirley Ross Organizations: CNN, Warner Bros, Twitter, Hollywood, Bettmann Locations: New York, Ukrainian

☆ A Trans Model’s Path to Success and More: The Week in Reporter Reads
▼ + stars: | 2023-06-02 | by ( ) www.nytimes.com time to read: +1 min

In the late 1990s, beginning at age 15, Geena Rocero was a beauty queen working the transgender pageant circuit in the Philippines, where shows are broadcast on national television. Her victories earned her both money and fame. She said her signature wig style — a side bang and a flipped end — became a trend unto itself among fellow beauty contestants. In the Philippines, Ms. Rocero lived openly as a transgender woman with the support of both her relatives and chosen family, but she could not legally change her sex. ◆ ◆ ◆Written by Brett Anderson and Julia Moskin | Narrated by Brett Anderson

Persons: Geena Rocero, Cain, Rocero, ◆, Brett Anderson, Julia Moskin Organizations: Modeling Locations: Philippines, San Francisco, New York, United States

Macy's also slashed its full-year earnings and sales guidance, after "demand trends weakened" for discretionary items in March. Dollar General — Shares tumbled 9% after the company reported an earnings and revenue miss for the first quarter. The lingerie retailer reduced its full-year revenue guidance in the low-single digits range from the prior mid-single digit range estimates. Veeva also raised its full-year earnings per share guidance by 26 cents. The company's full-year revenue guidance also topped analysts' estimates.

Persons: Nordstrom, Nordstrom's, Salesforce, Okta, Okta's, Macy's, CrowdStrike's, Refinitiv, Veeva, Macheel, Samantha Subin, Jesse Pound, Michelle Fox Organizations: BMO Capital, Saudi Arabia's Public Investment Fund, Chewy, —, JPMorgan, CSX, UBS, Systems Locations: New York City, Canada

☆ U.S. consumer outlook dims as upscale retailers, discounters slash forecasts
▼ + stars: | 2023-06-01 | by ( Aishwarya Venugopal | ) www.reuters.com time to read: +3 min

Broadly, U.S. consumer spending trends showed resilience in the face of high inflation, but big-ticket purchases suffered. Upscale retailer Macy's said the U.S. consumer pulled back more than anticipated and slashed its annual sales and profit forecasts for the year. Macy's and lingerie brand Victoria's Secret & Co (VSCO.N) are resorting to more discounts to clear out excess inventory. "Our business in North America became increasingly more challenging," Victoria's Secret CEO Martin Waters said during a post earnings call on Thursday. The pinch from slowing consumer spending was not just limited to high-end retailers.

Persons: Macy's, Hogan, Martin Waters, they're, Nordstrom, Peter Nordstrom, Dr Martens, Arun Sundaram, Aishwarya Venugopal, Savyata Mishra, Shinjini Organizations: U.S, Goods, Riley, Nordstrom Inc, Discount, CFRA Research, Thomson Locations: U.S, North America, United States, Bengaluru

☆ Stocks making the biggest moves midday: Dollar General, Salesforce, C3.ai, Chewy and more
▼ + stars: | 2023-06-01 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Dollar General — Shares sank nearly 20% after the company reported an earnings and revenue miss for the first quarter. Its second-quarter revenue guidance also beat expectations, per StreetAccount. The company also reduced its full-year revenue guidance in the low single-digits range from the prior midsingle-digit range estimates. The drop in shares came as cost concerns and dwindling demand for consulting deals overshadowed better-than-expected results and an improved full-year earnings outlook. The company also raised its full-year earnings per share guidance.

Persons: Chewy, Hormel, Wednesday's, CrowdStrike, Salesforce, Okta, JPMorgan Chase, Veeva, Samantha Subin, Yun Li, Alex Harring, Tanaya Macheel Organizations: StreetAccount, Revenue, Refinitiv, JPMorgan, Veeva Systems, Saudi Arabia's Public Investment Fund, Barclays Locations: Vallejo , California

☆ American Eagle says that no one is wearing bras anymore
▼ + stars: | 2023-05-25 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

People aren't wearing bras anymore, according to American Eagle's executive creative director. As a result, American Eagle and its Aerie brand are refocusing their assortment. At least, that's what execs at American Eagle say. "Girls are wearing bra tops out," Jennifer Foyle, president and executive creative director of American Eagle and its sister brand Aerie, told investors at the company's earnings call Wednesday. Aerie, which has nearly 300 standalone stores, made up around a third of American Eagle Outfitters' sales in the first quarter.

☆ Hedge funds piled into these stocks in the first quarter
▼ + stars: | 2023-05-22 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The Wall Street firm analyzed hundreds of 13F filings last week to find the most popular stocks hedge funds picked up over the volatile quarter. Hedge funds piled into Victoria's Secret in the first quarter, buying the dip in the lingerie retailer, which has seen its shares fall 29% this year. Hedge funds also increased their ownership in financial names Western Alliance and Western Union last quarter. To be sure, it's possible that some of the hedge funds were covering their short bets in this position. A number of biotech names were also high-conviction bets for hedge funds, including Syneos Health , Horizon Therapeutics and Ginkgo Bioworks.

☆ Chinese authorities slap comedy firm with $2 mln fine after military joke
▼ + stars: | 2023-05-17 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +2 min

The incident has strongly divided the Chinese public over what sort of jokes are inappropriate as performances such as stand-up comedy become increasingly popular and also highlighted the limits of appropriate content in China where authorities say it must promote core socialist values. In response to the fine, Xiaoguo Culture blamed the incident on "major loopholes in management" and said it had terminated Li's contract. Reuters could not immediately reach Li for comment and Weibo appears to have banned him from posting to his account there. Founded in Shanghai in 2015, Xiaoguo Culture's popularity has grown in sync with China's embrace of stand-up comedy and had known for raising the profile of hundreds of local comedians. (This story has been refiled to add a dropped word in the headline and fix a typo in paragraph 1)($1 = 6.9121 Chinese yuan renminbi)Reporting by Casey Hall; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.

☆ Would You Include Skims in Your Wedding?
▼ + stars: | 2023-05-15 | by ( Sadiba Hasan | ) www.nytimes.com time to read: +1 min

Kim Kardashian’s shapewear brand Skims has developed a cult following for its everyday basics and intimates and its neutral color palette — so much so that it has inspired a subgenre of “Skims dupes and alternatives.” Customer favorites include a form-fitting maxi lounge dress that drapes down the body. Last week, Skims expanded into bridal with 63 styles of dresses, lingerie, shapewear and loungewear, with some of its best sellers updated in white, baby blue and pink. At first glance, a shapewear brand expanding into bridal may seem random, but it’s a common move for many intimates brands. Savage X Fenty and Victoria’s Secret, two of Skims’s competitors, both have bridal shops. “Everything is white and ivory and lacy, and it’s their time to wear these pieces in those colors,” she said.

☆ $5 Million in Damages
▼ + stars: | 2023-05-10 | by ( German Lopez | ) www.nytimes.com time to read: +1 min

Yesterday, a jury found the former president liable for the sexual abuse and defamation of the magazine writer E. Jean Carroll, ordering him to pay her $5 million. The case was a civil trial, which means that Trump is not subject to prison time. But the verdict indicates that jurors believed Carroll’s claim that Trump assaulted her in a department store dressing room in the mid-1990s. She said that she saw him outside the Bergdorf Goodman department store in Manhattan nearly three decades ago, and that he had asked her to help find a gift for a female friend. Trump then motioned her into a dressing room, where he threw her against the wall, used his weight to pin her down and raped her, according to Carroll.

NEW YORK, May 9 (Reuters) - Donald Trump must pay $5 million in damages for sexually abusing magazine writer E. Jean Carroll in the 1990s and then defaming her by branding her a liar, a jury decided on Tuesday. Its six men and three women awarded Carroll $5 million in compensatory and punitive damages, but Trump will not have to pay so long as the case is on appeal. Trump has cited the Carroll trial in campaign fundraising emails as evidence of what he portrays as a Democratic plot. TRUMP MISTAKES CARROLL FOR EX-WIFECarroll testified that she bumped into Trump at Bergdorf's and agreed to help him pick out a gift for another woman. Jurors were tasked with deciding whether Trump raped, sexually abused or forcibly touched Carroll, and were separately asked if Trump defamed Carroll.

The jury deliberated for just under three hours before rejecting Trump's denial that he assaulted Carroll. Trump has cited the Carroll trial in campaign fundraising emails as evidence of what he portrays as a Democratic plot to damage him politically. Jurors were tasked with deciding whether Trump raped, sexually abused or forcibly touched Carroll, any one of which would satisfy her claim of battery. Kaplan, Carroll's lawyer, told jurors during closing arguments on Monday that the 2005 video was proof that Trump had assaulted Carroll and other women. Previously Trump had said he could not have raped Carroll because she was "not my type."

Jurors were tasked with deciding whether Trump raped, sexually abused or forcibly touched Carroll, any one of which would satisfy her claim of battery. The trial featured testimony from two women who said Trump sexually assaulted them decades ago. Carroll's lawyer, Roberta Kaplan, told jurors during closing arguments on Monday that the 2005 video was proof that Trump had assaulted Carroll and other women. Carroll testified that she bumped into Trump at Bergdorf's while he was shopping for a gift for another woman. Trump has cited the Carroll trial in campaign fundraising emails as evidence of what he portrays as a Democratic plot to damage him politically.

In a civil suit like Carroll’s, the jury must determine whether Carroll’s legal team proved that Trump committed battery against Carroll by a preponderance of the evidence. They must also determine that she proved by clear and convincing evidence that the statement was false, and that Trump made the statement with actual malice. Both the preponderance of the evidence standard and the clear and convincing evidence standard are not as high a standard as proof beyond a reasonable doubt, which is used in criminal cases. Clear and convincing evidence is higher than preponderance of the evidence, which means more likely than not. Clear and convincing evidence leaves no substantial doubt in the juror’s mind and establishes that the proposition is highly probable.

☆ Victoria’s Secret Fashion Show Is Coming Back, This Time as a Film Without the Angels
▼ + stars: | 2023-05-09 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

The 2018 Victoria’s Secret Fashion Show. Photo: timothy a. clary/Agence France-Presse/Getty ImagesVictoria’s Secret is reinventing its lingerie-clad fashion show as a feature-length film with more diverse models, years after the company had been criticized for glorifying skinny body types. The lingerie seller is reviving its famous fashion spectacle for the first time since 2018, but this time there will be no “Angel” models in wings. Victoria’s Secret said Tuesday that it will present its new show as a pretaped film available on streaming services this fall.

☆ Victoria's Secret is bringing back its infamous fashion show as a movie, 4 years after canning it after criticism of its lack of diversity and inclusion
▼ + stars: | 2023-05-09 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Victoria's Secret is releasing a movie in the fall. The movie is a reimagining of the brand's famous fashion show, which was axed in 2019. The show was canceled after it came under increasing criticism for its lack of diversity and inclusion. Victoria's Secret has been discussing the return of its fashion show for some time. "This film is the ultimate expression of the Victoria's Secret brand transformation," Raúl Martinez, creative director at Victoria's Secret, said in a statement to the press.

A Manhattan jury found Donald Trump liable for the sexual abuse of E. Jean Carroll. "They're trying to take parts of Donald Trump you dislike and stretch it over Ms. Carroll's story," Tacopina said. Carroll's lawyers, for their part, said their willingness to bring the case to court only made them more believable. "There wasn't even a 'he said,' because Donald Trump never even looked you in the eye and said she was a liar," Ferrara said. "You heard from Donald Trump himself — this is just how he treats women," Ferrara said.

Former US president Donald Trump continues to deny knowing E. Jean Carroll. A Manhattan jury found Trump did — and likely sexually abused her. Trump's team released a long statement in response to the verdict, also calling the verdict a "witch-hunt of President Trump." While the jury found Trump liable for sexually abusing and defaming Carroll after two weeks of trial testimony and arguments, they did not find that Carroll met the burden of proof in showing that he raped her. Jurors, however, were shown a photo of Trump and Carroll chatting with their spouses at a gala in 1987, several years before the Bergdorf Goodman incident.

☆ What E. Jean Carroll had to prove to win her case against Donald Trump
▼ + stars: | 2023-05-09 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +12 min

Carroll receiving a monetary award from this trial hinged on whether the jury unanimously believed her claims against Trump. “For E. Jean Carroll this lawsuit is not about the money,” attorney Roberta Kaplan said during closing arguments on Monday. Trump appears the most agitated on the video when he denies Carroll’s rape allegation. Two friends that Carroll testified she told soon after the alleged rape testified about their recollection of Carroll’s account in 1996. Tacopina in his closing argument Monday also accused Carroll of fabricating her rape allegations to sell her book.

Ms. Carroll said Mr. Trump asked her to help select a gift for a female friend. Mr. Trump directed her to “go put this on,” she said. Ms. Carroll said Mr. Trump used his weight to pin her and pulled down her tights. Ms. Carroll said she used her knee to push Mr. Trump away and fled. Mr. Tacopina also questioned Ms. Carroll about whether she had screamed for help.

☆ Tears and laughter: Amid harrowing rape testimony, E. Jean Carroll joked of Trump, men, and three-bean salad
▼ + stars: | 2023-05-08 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

"I don't particularly like getting attention because I'm suing Donald Trump," she clarified, pausing a beat, then adding, "Getting attention for making a great three-bean salad? Trump told her he once considered buying Bergdorf Goodman, she told jurors. Tacopina asked Carroll. "So you joked around about having sex with Donald Trump for money in this Facebook post, correct?" Tacopina asked.

☆ Trump's rape trial defense? His accuser and her friends have Trump Derangement Syndrome
▼ + stars: | 2023-05-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +13 min

Donald Trump's lawyers have tried to undermine E. Jean Carroll, who accuses him of rape. Just moments later, Trump's lawyers rested their case as well, without presenting any evidence. Carroll and her friends, Trump's lawyers suggest, all have Trump Derangement Syndrome. According to Trump's lawyers, the whole lawsuit is a conspiracy schemed up by ardent Trump critic George Conway. AP Photo/John MinchilloTrump's attorney pointed out that Birnbach had said Trump and his allies had symptoms of Trump Derangement Syndrome.

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