Weekly Link Summary – Elle Blogs

By | May 19, 2020

♥ I ordered that Ladybug long sleeve top while Free 50% off sale last month and despite some fit issues (the length is cut off but the shoulder area is oversized so it's too small and too big at the same time) I decided to keep it because I find both very comfortable and super cute. The neckline is cut deeper than I am used to, but now that I dress only for myself, modesty has been removed from the rating section. If you are interested, it was further marked online in two colors.

The pandemic helped topple two retailers. Private equity too. (The New York Times): “Like many other retailers, J. Crew and Neiman have paid their new owners hundreds of millions of dollars in interest and fees over the past decade when they have to spend money to adapt to a changing retail environment. And when the pandemic wiped out most of their sales, no one except the court had to remedy the situation … 10 of the 14 largest retail chain bankruptcies since 2012 affected companies that had acquired private equity firms … J. Crew had more than $ 760 million paid dividends and fees to the owner group since 2011. "

Boohoo builds war chest for post-pandemic offerings (The business of fashion): "The Manchester-based company (Boohoo) … raised £ 198m ($ 238) for new M&A opportunities. The company has around £ 500m in cash. It's no secret that Boohoo is large Has ambitions. " Last August, the company paid £ 18.2 million for Karen Millen and Coast's e-commerce business. The move gave rise to dreams of conquering the barrier-free fashion market and competing with the fast fashion stalwarts H & M and Zara. "

America's top right is powered by COVID-19 lockdowns (The economist): “Accelerationism is a strange combination of Marxism and neo-Nazism. The idea is that the internal contradictions in the economic and political order will cause it to break down. The extreme right can create its “nation built on blood and soil” from the ruins. They see the virus both as proof of the truth of accelerationism and as an excellent opportunity to accelerate the demise of the system. Moonshot CVE, an organization that monitors extremism online, reports that in America, the average number of daily searches related to white dominance rose from 1,475 between June 2019 and February 2020 to 2,024 between March 30 and March 28. April. The right-wing extremist telegram and Facebook groups grew during the ban. "

No, you don't need all of these skin care products (The Wall Street Journal): “Experts agree that many skin types will benefit from a combination of the following factors: a treatment product that boosts cell turnover and peeling… an antioxidant such as vitamin C, a firm moisturizer, a simple cleaning agent and a sunscreen with a sun protection factor of at least 30. While this formula works for many, not all. "

Is Ronan Farrow too good to be true? (The New York Times): "Mister. Farrow … is not a fabulist. His reporting can be misleading, but he doesn't invent anything. However, his work shows the weakness of a kind of resistance journalism that thrived in the Donald Trump era: when reporters skilfully swim with the tides of social media and Producing harmful reports about public figures who are least liked by the loudest voices, The old rules of fairness and openness can appear as obstacles rather than essential journalistic imperatives. This can be a dangerous approach, especially at a moment in who is attacked by the idea of ​​truth and a number of common facts. "

Can New Chef Valentino Bring Back Commercial Magic? (The business of fashion): “Valentino has appointed star merchandiser Jacopo Venturini Chief Executive effective June 1st. Venturini's appointment at Valentino underlines the growing importance of merchandisers in leading luxury fashion brands, which today require a perfect alchemy of creative talent, irresistible product, keen marketing and operational know-how. While CEOs have tended to be operators in the past, they increasingly come from marketing and merchandising areas. "

The geopolitical aftershocks of the pandemic are coming (The Atlantic): "Imagine a scenario: Just as Europe and the United States feel that they have the corona virus under control, it intervenes in developing countries. Exhausted, in debt, and desperate for their own economies to rev up, richer countries are too slow to help. Panic arises … Somewhere a country falls out of debt, most of which is held by western financial institutions. In chaos, an autocrat sees an opportunity for land grabbing. The United States, which is already unwilling to take the lead, is leaving China to step into the void. … For western governments, the geopolitical second wave is based on a simple reality: cash or a lack of it. "

Why luxury brands raise prices in a pandemic (The business of fashion): “Louis Vuitton raised prices by 3 percent in March and another 5 percent in April. This week, Chanel was even braver and raised prices … between 5 and 17 percent … price hikes will … Chanel and his competitors are helping to replenish margins and cushion the impact of lower overall sales if they try to offset sales during weeks of forced closings. "

What is left when the buyers set off? (The New York Times): “Retail sales fell 16.4 percent last month … by far the largest monthly decline in existence. This followed a 8.3 percent decline in March, the previous record… restaurants and bars lost half of their business in two months. In furniture and home furnishings stores, sales decreased by two thirds. In clothing stores, the two-month decline was 89 percent. The increased sales of online retailers could not even compensate for the downturn elsewhere. "

Could travel bubbles offer a way to economic recovery? (The economist): “One idea that finds favor is to create travel bubbles that hold together countries that have done well against the corona virus. Public health requirements for the creation of travel blisters will be annoying. In terms of trade, they resemble an extreme version of non-tariff negotiations: countries need to harmonize their approaches to combating the pandemic. This is a big challenge if America and Europe cannot even agree on whether it is safe to wash chickens with chlorine. "

Meet the men who sew through the isolation (The Wall Street Journal): “Since the corona virus pandemic has blocked much of the world… (some) fill the hollow hours with handicraft-oriented handicrafts such as embroidery, patchworking and tie dyeing. These analog pastimes are reminiscent of a good time before the Internet before programs and zoom calls are streamed. These part-time hobbyists find the simple satisfaction of creating something – anything – with their handsCrafts become so common that some craftsmen at home have difficulty finding supplies. "

Why brands revisit old advertising campaigns (The business of fashion): “Recycling old campaigns is an interesting strategy at a time when social media preferences to use our collective nostalgia have led to very popular Instagram accounts celebrating fashion from the 1970s, 80s and 90s. As markets around the world are preparing for a deep recession, if budgets continue to be under pressure, the surge in images from archives and licensing agencies is likely to go well beyond the current locks. "

How not to apologize in quarantine (The New York Times): "The hard part is finding the motivation to apologize, because it means feeling guilty about doing something bad, and maybe even disgracing the thought of being a bad person. Psychologists have found a good solution for this: if you've hurt someone, think about your core values. If there is compassion, justice, or generosity on your list, you may find that apology does not mean admitting that you are a bad person. It's just a step towards becoming a better person. "

♥ Recently bought: Express double breasted blazer, Reformation Isabel cashmere sweater, True & Co. True Body Lift Bra with scoop neck, Billabong Belted Romper, Bissell PowerFresh Take Off Pet Steam Mop, and Ann Taylor short sleeve romper with belt.

I wish you all a nice week!

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