Diego Segura

Tapestry will likely boost margins by moving more of the Capri businesses to the direct-to-consumer channel. (About 90 percent of Tapestry’s sales are D.T.C., a big number for any brand.)

Neither of them became part of the chic young divorcée industrial complex, but they passed the urge down and let it multiply instead. Perhaps if I ever have a daughter, she’ll come of age in the era of the chic young annulment.

Proenza Schouler’s first big business win was the launch of its PS1 bag. Introduced in 2008 on the back of an investment, the schoolboy satchel — often rendered in a matte, worn-in leather — became a foundational piece in the wardrobes of thousands of women. For several years following the launch, the bag accounted for 80 percent of handbag sales,... See more

Lemonade had set a world record by paying one New Yorker’s claim for his stolen Canada Goose parka in three seconds—the time it took Lemonade’s claims bot to run 18 antifraud algorithms and send bank instructions to deposit $729 in the man’s account.

While the average for an Affirm loan is 18%, approximately 43% of loans are issued at 0% APR.

The secondary line, rebranded Proenza Schouler White Label, now makes up 30 percent of revenue, while direct retail, including one physical store and e-commerce, accounts for 20 percent of business, up a few percentage points from before the pandemic.

They sort of combined Clinique and Supreme. The Clinique side was that it was this easy, relatively affordable, but still aspirational beauty system that could feel like it was meant for a [younger] generation. The products were effective if not insanely innovative. And the packaging and aesthetics around it felt completely of-the-moment and cool.

T... See more

The region-beta paradox describes the phenomenon whereby, sometimes, a person may benefit from being worse off versus just mildly off, because being worse off may mobilize them to take action to address the problem, whereas being mildly off can lead them to stagnancy.

Since the 1980s, Paoletti's research has been misinterpreted and has evolved into an urban legend: that there was a full reversal in 1940, prior to which the only tradition observed was the opposite of the current one.[4] Quoting the concluding lines of this study: "In conclusion, there are strong reasons to doubt the validity of the standard PBR... See more