fashion
Ultimately, Proenza’s fortunes unravelled for many of the same reasons so many of its peers are no longer in business: misallocation of funds, disagreements with investors, seismic shifts in the industry at large, and a fashion ecosystem that did a poor job of preparing young designers for the realities of entrepreneurship.
The Nine Lives of Proenza Schouler
Capri C.E.O. John Idol , who has achieved some of the most impressive financial exits in fashion history. After a few formative years as group president of Ralph Lauren, Idol took over as C.E.O. of Donna Karan, which he helped sell to LVMH for $243 million in 2001. A year later, along with investors Lawrence Stroll and Silas Chou , who already... See more
Coach & Kors’ Marriage of Convenience
One person recently likened LVMH to me as a private equity firm with 40 percent carry rather than 20 percent carry. Not a bad deal.
September Issues
Years ago, I was a modeling agent, and I thought, my gosh, brands would actually get a lot further if they used a celebrity versus a model because of the amount of impressions that a celebrity would garner . I left the agency, opened up my own company, and here I am 30 years later.
The Tao of Shemarya
this is a very brilliant, situation-specific “business transformation” / idea that lead to a very successful move for him
there are a million of these waiting to be discovered or already have been discovered by people with ideas but lacking the capital, time, or empowerment to go pursue them within organizations
i.e., the modeling agency he worked for itself
None of them. No Birkins, no SoHo loft, no drivers. I still meal prep every week. I still bring my own lunch. I take the train. Sometimes when I'm really stressed, I indulge myself and take a cab with UNI.
Brenda Weischer • BRENDA’S BUSINESS with PETER DO
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Forerunner Ventures’ Kirsten Green , Into the Gloss co-founder Nick Axelrod (now at UTA Ventures), or Emily’s former assistant, Morgan Von Steen
After the Gloss: What’s Next for Emily Weiss
some people to note
You were never going to see her making any kind of public misstep or posting something reckless on social media, which is part of why she’s a bit of a cipher. It was hard to know who she really was or what she really thought. She worked really hard—that was always her personal brand from the moment she appeared on The Hills and that’s what,... See more
After the Gloss: What’s Next for Emily Weiss
Emily Weiss of Glossier
An attempt to launch a lower-priced, streetwear-inflected line, PSWL, was at odds with the main collection, and fell flat with customers.
The Nine Lives of Proenza Schouler
Proenza Schouler White Label