Diego Segura

Well, money. There was $370 in her account. “And I made a $400 sale two hours ago,” she said, meaning she had been in the red that morning.

Total consumer debt in

America is nearly $2.4 trillion. Out of that, $872 billion is

revolving debt, which is essentially credit card debt.

The magazine’s patented celebrity-on-celebrity dialogues compounded the formula, like mixing colors on a palette. Instead of a journalist to interview Jack Nicholson, get Julian Schnabel. (For the results, see the April, 2003, issue.)

Independent brands — even those with significant backing — were boxed out by luxury’s biggest players, whose heft gave them a major edge in distribution and marketing, where they enjoy greater leverage with multi-brand retailers, mall owners, real estate developers, magazines, influencers and other key players in the fashion ecosystem. In 2019,... See more

What is perhaps most debilitating for Iger, however, is the simple fact that the rules of the game have changed, and the ambitions have diminished. The glory days of growth and conquest that defined his first tenure have given way to a brutal battle for survival, one in which Iger may be forced to deconstruct the very empire he helped build,... See more

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.

HANS ULRICH OBRIST buys a book everyday. It is a ritual he started about 20 years ago. He buys the books at different places, wherever he happens to be. But he especially likes to perform this daily Tarkovskian ritual at a place he refers to as “paradise”: the Walther König bookstore.

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