Diego Segura

Karp’s genius was to make it look and feel like an important book from an important man.

“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.

Glossier took pride in creating their own tech for things like point-of-sale and checkout, and perhaps the big irony is that recently, they moved over to Shopify.

Why did you write the series of factoring books?

I saw an opportunity. I couldn’t believe there was virtually nothing written about factoring when I entered the field, and knew I could make a contribution.

I used to get all huffy about Ralph Lauren shows because they don’t budge one bit forward. Maybe I’ve softened, but I not only don’t care about that any more, I don’t think they should. Lauren is really like Lagerfeld of America, and his ideas hold up. The revolution will come when it’s time.

Coach, for instance, is well-managed, but it hasn’t “spread as a lifestyle brand,”

as of 9/15/23: — S&P trades at 17.9 times earnings — the insurance portion trades at 11.8 times earnings — last time it was that wide of a delta was in 2008 and 2020