Weekly Link Summary: July 24, 2020

By | July 24, 2020

Sales styles at the J.Crew are an additional 60% discount with code SHOPPING NOW until the end of today. The Juliette Collarless Sweater Blazer, an excellent year-round piece, is currently available in five colors in a linen blend. Shipping is free on all orders for J.Crew Rewards members. Now read my J. Crew shopping warnings Here. My sales picks:

The charm of the nap dress, the look of crazy forgetting (The New Yorker): “In theory, you could wear a nap dress in bed, but it's definitely not a nightie… It's not the same as a caftan, which, although often luxurious, is informal and grown-up. It's not a house dress that we tend to associate with older women shuffling the stairs to grab the morning paper, the curlers still in their hair. A house dress is about forgetting the self or at least hiding it under quilted layers of fabric. The Nap Dress, on the other hand, suggests cheeky enjoyment for your own body and a childlike return to waking up with cloudy eyes hours before dinner. "

Ann Taylor owner filed for bankruptcy (The Wall Street Journal): “Total sales for the third quarter ended May 2 decreased 45% year over year. The company ended the quarter with outstanding loan debt of $ 1.3 billion and cash and cash equivalents of approximately $ 439 million. "

Diane von Furstenberg's brand is exposed by the pandemic (The New York Times): “… Ms. von Furstenberg's business in the UK and France had fulfilled the European equivalent of filing for Chapter 11 bankruptcy. Slightly more than 60 percent of corporate and retail employees in the U.S., UK, and France were sacked, creditors loudly complained about unpaid bills, and Ms. von Furstenberg planned to close 18 of her 19 remaining direct US businesses. She transformed her company from a brick-and-mortar company to a company that focuses on the value of its brand's intellectual property and can be linked to products and e-commerce initiatives. "

What if your clothes could protect you from viruses, keep you cool, and simplify your life? (Fashion): “If our clothes could fight bacteria and viruses, block sun damage, regulate our body temperature, resist wrinkles and even nourish our skin, we would have a lot more time and energy to solve more pressing problems, from the pandemic to the pandemic, the climate crisis to the chaos of our daily lives Life. Fashion already focuses on the values ​​of longevity, quality and timelessness. The hidden technology of a garment could be the new critical factor in our buying decisions. In years it will no longer be enough that our clothes are simply beautiful and comfortable. We expect that they are also produced sustainably and ethically and that they benefit our well-being. In a way, our clothes should behave more like our skin care, filled with hidden "ingredients" that work hard all day and are practically invisible. "

Men's Wearhouse, Jos. A. Bank parent wants to close more than a third of the stores (The Wall Street Journal): "The parent company of Men’s Wearhouse and Jos. A. Bank Menswear Stores said it is considering closing up to 500 retail locations or more than a third of its total … Tailored Brands Inc. also said … 20% will be dismissed Tailored Brands skipped a payment to bondholders earlier this month after It became known that sales in the quarter from February to April decreased by more than 60% compared to the previous year. "

♥ Preview the Nordstrom anniversary sale from today: the sale starts for everyone on August 19, 2020 (or already on August 8, 2020 for Card members).

"Ghislaine, is that you?": In Ghislaine Maxwell's life on the Lam (Vanity Fair): “The woman who once had everything that money could buy just to lose everything because of a man lived a life of luxury again. All she had to do to keep it was to give the monster what he wanted. And what he increasingly wanted were women – "on the younger side," as Donald Trump would say – whom Maxwell is said to have been looking for everywhere: spas, massage parlors, parties. As soon as she found her, she invited her to "tea" in Epstein's villa … several victims claim that Maxwell not only lured her into Epstein's network, but also caressed her or sexually abused her. When asked about Maxwell's role in his sexual crimes during a deposit, Epstein cited the fifth amendment at least 14 times. "

401 (k) plans no longer make much sense for savers (Bloomberg): “In the 1980 environment, the 401 (k) plan had an annual benefit of 2.5% over tax-efficient investments in a taxable account. In 2020 there will be no tax benefit for the 401 (k) anymore … We have slowly increased the temperatures for 401 (k) for 40 years and are approaching the point that they no longer make sense for employees other than those who are lucky have the best plans or good employer matches. "

Has an iconic hair care line resulted in thousands of women losing their hair? (The New York Times): "DR. Wesley recommends washing the scalp at least three times a week to remove sebum that contains cortisol and DHT, both hormones that contribute to hair loss and gradual hair loss. Normal old water – there is no label reading required – can be used for this job work perfectly. When you buy products, you select products that expressly state that they are fragrance-free. Companies do not have to specify the ingredients used in the fragrance, and many are irritating. "

With indoor dining upended, some restaurants call it Quits (The Wall Street Journal): “The uncertainty surrounding indoor dining is making difficult choices in restaurants across the country. State aid has been used up and landlords and suppliers are taking breaks because fewer guests are willing to eat in the house. Thousands of restaurants have closed so far, and by the end of the year up to 10% of independent operators could shut down new corona viruses. "

What luxury can do about the tourism crisis (The business of fashion): “In 2019, around 40 percent of purchases of personal luxury goods were made by traveling consumers. The overall market is expected to shrink by up to 35 percent this year. Most of these traveling buyers come from China, which corresponds to 35 percent of luxury purchases in 2019, of which only 11 percent were made in mainland China. Luxury brands that count on traveling shoppers reaching their sales destinations in Europe and the United States are doing the best now, engaging them in their home countries, especially in China, where consumers have made more local purchases in recent months. By 2025, Bain assumes that 26 to 28 percent of luxury sales will take place in China, compared to 11 percent in 2019. "

Laughing at Quibi is a lot more fun than watching Quibi (WIRED): “Over the past five years, a cascade of Jackass Icarus tales has outraged and excited the public who consumes them. From Fyre Fest to Theranos to the rich parents behind Operation Varsity Blues, this is a flush era for Grifting, Trick and Cheating. One of the central joys of recording these stories is to watch the players in the center how they get their comeuppance. It is moral fables that are finished with finals that cause shivers. While the emotional response it evokes is like a scam story, Quibi is not a scam. For example, the joy of Quibi's weaknesses differs from the joy when Elizabeth Holmes & # 39; Hybris was finally exposed. What is the difference? Quibi is a good, clean fool, a majestically pure bastard. No malice, no harm – just a flop. It is "snackable". It is a symptom of a fundamentally absurd system, an example of the decay of Hollywood patronage and American cacistocracy. "

♥ It will be a Long While many of us previously needed a dress for special occasions, one of my favorites is that Rachel Zoe Suzette lace shift dress (checked Here) is currently discounted at very good Amazon in selected colors / sizes.

What does a fashion magazine bring now? (The New York Times): "Fashion magazines are vehicles for luxury fantasies … The new coronavirus pandemic and lock commands have derailed these dreams. As a result, fashion magazines have been derailed both in production and in purpose. From a creative point of view, editors and publishers stated that they were taking advantage of the chaos. It's an excuse to try new things. shake up familiar graphics and outdated formats; Introducing more originality at a time when the line between editorial content and advertising is more blurred than ever. "

Meet your career coach – you may know her as a mother (The Wall Street Journal): “Since many university graduates have been looking for protection at home, parents intervene to control their job search. Approximately half of the senior citizens said they had parents or relatives to look for work, but only 26% of the family members mentioned were a useful resource … Entry-level positions in May decreased by almost 70% from 45,531 in May 2019 to 14,752 open positions . "

The biggest scandal in the porn industry is also an unsolved mystery (Vanity Fair): “Traci Lords was the largest porn star in the world in the mid-1980s. Then, in July 1986, it was dramatically revealed – the FBI collapsed Traci's door – that she was a minor virtually throughout her adult career … Traci's story … telling it right provides the key … to understanding the late 20th century and American pop culture of the early 21st century. "

Welcome to the new buffet, which is no longer a buffet (The Washington Post): "Buffets – along with salad bars, hot bars, continental breakfast, spice stations and everything else that allowed customers to help themselves – were one of the earliest victims of the pandemic … the problem is people in all of our wonderful and crazy unpredictability … Buffets … Require vigilance on both sides of the line. Chefs and managers must monitor food to ensure that hot dishes stay hot and cold dishes stay cold. You need to regularly replace the usual utensils to keep them clean and hygienic. You need to throw food that has been sitting at room temperature for two hours or more. But even with careful management, a buffet is only as hygienic as its customers, and here the horror stories multiply faster than bacteria on Tilapia at room temperature. "

The end of the $ 600 unemployment bonus could marginalize millions (The New York Times): “The benefit program, Federal Pandemic Unemployment Compensation, expires at the end of July … Most are left with regular unemployment benefits, which in many countries are only a few hundred dollars a week. That means over 20 million Americans could soon see their weekly income drop by half or more. Congress returned from the break this week to consider a new aid package that could at least partially extend the additional unemployment benefit. But Congress seems unlikely to act before the benefits expire. And because of the outdated computer systems in many government employment offices that do the processing, it can take weeks for payments to resume. This means that millions of people are likely to see their income decline at least temporarily. "

With the end of weekly unemployment benefits of $ 600, Congress faces a dilemma (The Wall Street Journal): “… Analysts say weekly federal spending of $ 15 billion has supported an economy that has been shaken by the effects of the pandemic. Critics say, however, that the money paid in addition to regular government unemployment benefits prevents some Americans from returning to work if companies try to reopen and hold back the recovery. A study by the University of Chicago found that 68% of unemployed workers who are entitled to benefits receive more unemployment benefits than their lost earnings – the median 34% more than their previous weekly paychecks … The Department of Labor reported … that over 30 million Americans At the end of June, they received unemployment benefits either through regular government programs that cover about 90% of the workforce or through a new pandemic relief program. However, economists warn that inconsistent government reporting with the new program is likely to mean that the number is excessive. The states have drawn $ 16.32 billion from the federal government to pay the $ 600 bonus for the week of July 11. That would mean $ 27.2 million $ 600 payments, but the amount is likely to include some back payments. "

♥ Recently ordered: Uniqlo Tucked Shorts (the Uniqlo sales department has just been updated and is worth a visit!), J. Crew front pocket cropped sweater blazer, Pendleton Long-Sleeve Thermal Henley, and TOMS Alpargata slip-on.

Have a nice Weekend!

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