By Bloomberg Published September 27, 2024 We’ve had Taylor Swift, Emily in Paris and more designer purses than Saks Fifth Avenue’s handbag floor. But there has been one $400 billion elephant in cashmere in the Manhattan courtroom of US District Judge Jennifer Rochon, who is deciding whether Tapestry Inc.’s $8.5 billion purchase of Capri Holdings Ltd. can [...]read moreTapestry-Capri misses the point in luxury fight
Home equity fintech lender Point, in collaboration with its long-time financing partner Atalaya Capital Management, has successfully closed a $141 million rated asset-backed securities transaction. The securitization was completed on May 15 and marked Point’s second rated securitization and third overall deal in the secondary market, with all securities receiving ratings from Morningstar DBRS. Point [...]read morePoint, Atalaya Capital close on $141M securitization
Despite all of the talk about Elon Musk’s changes at Twitter, and how they’ve been a positive or negative for the platform, really, none of these opinions actually matter in the broader scope of its business performance. What matters is users, and generating more interest in the app, with attracting ad dollars being the secondary [...]read moreAd Discounts From X Point to Ongoing Growth Challenges
Despite all of the talk about Elon Musk’s changes at Twitter, and how they’ve been a positive or negative for the platform, really, none of these opinions actually matter in the broader scope of its business performance. What matters is users, and generating more interest in the app, with attracting ad dollars being the secondary [...]read moreNew Ad Discounts from X Point to Ongoing Growth Challenges
The good news for the housing market is that the pace of sales is gradually improving due to the expanded supply. More homes are available to buy and, therefore, more homes are being bought. Elevated mortgage rates slow demand so that inventory grows, but in years past, the total sales volume has been restricted by [...]read moreHome price signals point to flat growth
I finally received the rabbit r1 (the company insists on this lowercase styling) I’ve been writing about since its debut at CES in January. And I was able to tell within about 30 seconds of turning it on that it was shipped a couple months too soon — but honestly…that’s fine? It’s weird, relatively cheap, [...]read moreThe Rabbit r1 shipped half-baked, but that’s kind of the point
Darius Morris, a four-year NBA veteran point guard that played for the Los Angeles Lakers, Philadelphia 76ers, Los Angeles Clippers, Memphis Grizzlies and Brooklyn Nets, has died at 33, his alma mater, the University of Michigan, confirmed on Saturday. The cause of death was not disclosed. Morris played two years for Michigan under coach John Beilein, reaching the NCAA tournament during his sophomore 2010-11 campaign. [...]read moreDarius Morris, Former Los Angeles Lakers Point Guard, Dead at 33
Lanvin Group’s revenue edged up by just 1% last year as it dealt with macroeconomic headwinds. But it saw continued margin improvement with group gross profit margin increasing to 59% and both contribution profit (gross profit less selling & marketing expenses) and adjusted EBITDA margins steadily improving. See catwalkLanvin – Fall-Winter2023 – 2024 – Womenswear – [...]read moreLanvin Group weathers tough year, Caruso hits breakeven point
The best thing about Speedhunting abroad is not just discovering car culture in a country you might have never traveled to before. It’s about meeting the people and companies at the center of it. While at the 2024 NeoClassic show in the Philippines earlier in the year, I chatted with the team from Autoplus and quickly realized that I needed to [...]read moreAutoplus: Performance On Point In The Philippines
Kim Raver is teasing big things ahead on Grey’s Anatomy. ET spoke to the actress amid the show’s 20th season, and she promised that even though the installment was shortened due to the WGA and SAG-AFTRA strikes, the drama is still as intense. “This finale of season 20 just doesn’t disappoint. It’s another classic Grey’s Anatomy,” she [...]read moreKim Raver Says Tensions Will Reach a ‘Boiling Point’ on ‘Grey’s Anatomy’s Season 20 Finale (Exclusive)