Day: December 11, 2019

The Future Lies in Start-ups, Personalization and Reinvention, Says José Neves

LONDON — “No one knows what the future will look like, so we will have to reinvent ourselves,” said Farfetch founder and chief executive officer José Neves, who thinks that every successful company should stay agile and ready to evolve every five years. “You look at Facebook, you look at Google, at Amazon. What they […]

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Safilo Sees 700 Jobs at Risk, Revises Sales, Margins Forecasts

MILAN — It will be a dour Christmas for 700 Safilo employees. The Italian eyewear group revealed its 2020-24 business plan on Tuesday evening, which identified approximately 700 redundancies next year in Italy, to “safeguard the Group’s competitiveness in favor of the workers who will remain in force.” Chief executive officer Angelo Trocchia said Safilo […]

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Amy Schumer Lights Up the Stellabration

The holidays are for Stellabrating. On Monday night, Stella McCartney hosted her annual holiday celebration at her Greene Street boutique in New York. Kate Hudson, Chloë Sevigny, Jessica and Jerry Seinfeld, Amber Valletta, David Byrne, Jimmy Fallon (who showed up in a Beatles vest), Kyle Mooney and Brooklynn Prince — by far the evening’s youngest […]

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The $120,000 Art Banana Gets the Meme Treatment

The biggest news to come out of Art Basel in Miami Beach 2019 was undoubtedly the $120,000 “art banana.” The work of art-gone-viral, titled “Comedian” by Italian artist Maurizio Cattelan, is comprised of a real banana affixed to a wall with a piece of duct tape. Created in a limited edition of three, the work […]

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Ted Baker Shares Slide Amid Profit Warning, Board Shakeup

LONDON — Ted Baker’s share price closed down 13.4 percent on Tuesday after the high-street brand issued its third profit warning this year and announced a major board shakeup following an investigation into irregularities on its balance sheet. The share price, which deteriorated throughout the day, closed at 3.46 pounds. The brand, which saw its […]

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