Diego Segura

the merger of these two companies speaks to the predicament of American fashion, which is not focused on managing brands so much as it is about managing businesses

The Commerce Department estimates that American corporations paid out 44 percent of their pretax profits in dividends last year, up from 23 percent in 1980.

“I toggle between hopelessness and determination every 10 minutes,” she says. “I persevere because greatness and supremacy over this very tedious and silly enterprise is simply my destiny.”

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.

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3G had taken Burger King private in a 2010 leveraged buyout for $4.1 billion, using $1.6 billion of its own equity. At the time, Burger King had one brand—Burger King—and 12,000 restaurants in 70 countries and some $15 billion in revenue. In short order, 3G transformed Burger King into Restaurant Brands International, comprising 30,000 restaurants... See more

“Ideological suffocation has been the background ambient noise of the last 10 years,” Velez tells me. “Unfortunately I don't think fashion will ever be the Caligulan bacchanalia that it was in the ’80s and ’90s.” Velez is bringing courage, both creatively and ideologically to the scene.

Bloomberg reported last year that one of these vessels, the 115m long Amur 2501 had taken on grain at Sevastopol in early July before heading to the Kerch Strait where it conducted what is known as a ship to ship transfer, effectively offloading the grain it was carrying on to another vessel while at sea. This other vessel then went on to deliver... See more