Diego Segura

The good news for Arnault is that he’s raised a highly accomplished group of five children—all of whom are in the business and doing well, by many accounts—from which to choose a successor. There is Delphine , his only daughter, who is 48, a member of the LVMH board and executive committee and the C.E.O. of Christian Dior Couture. Her brother,... See more

Velez’s clothes are thrashed, harsh, and even imply some kind of violence. She isn’t interested in “beauty” in the old-fashioned sense of the fashion industry, but in the chaotic multiplicities contained within femininity, even as women are portrayed exclusively as victims in the media.

Rather than sell policies backed by established insurers (the way fintech competitors Hippo and Jetty do), Lemonade would become a licensed carrier itself, retaining claim liability on its own balance sheet.

Frankly, Paramount Global should also have known better than to try to sell the third largest book publisher to the industry’s biggest player. I’m sure the $2.2 billion purchase price—incredibly, nearly one quarter of Paramount’s now anemic $10.5 billion market value—must have been more than a little enticing, and therefore worth the risk, along... See more

Selective factoring

Selective factoring gives businesses the opportunity to factor individual invoices or small bundles of invoices, rather than factoring their entire sales ledger.

One of the rare inspirational subplots of our current financial panic has been the rise of Meredith Whitney. An obscure and little-noticed analyst of Wall Street banks, working for an obscure and little-noticed Wall Street bank (Oppenheimer & Co.), Whitney has become, in a matter of months, a woman who moves markets.

It all started back on Oct. 31,... See more

A recent study by McKinsey found that the average life-span of companies listed in Standard & Poor’s 500 was 61 years in 1958. Today, it is less than 18 years. McKinsey believes that, in 2027, 75% of the companies currently quoted on the S&P 500 will have disappeared.