Why should you pay $20 million to a 32 year old trader? He uses the office space, the IT, the business card with a
Big business vs entrepreneurship
Valentino, Bottom line vs. famous and happy
Valentino’s partner comments that the new investor/owners are more ‘concerned with the bottom line.’ His strategy was always to make Valentino ‘famous and happy.’
Warren Buffet
In the strange world department, note that American Express and Wells Fargo were both organized by Henry Wells and William Fargo, Amex in 1850
Christian Louboutin, French shoe designer
Luxury brands change to focus on profit
If there is one thing that has changed in luxury in the last 30 years, it is the single minded focus on profitability. In
Selima Stavola, Dress designer
The moment it becomes a manufacturing empire with a label, it’s not a person. I take pride in my work, great pride, and I
Attacks on Wal-Mart
Recently, I heard a professor on a radio program tsk-tsk that Americans don’t understand the real costs of shopping at Wal-mart, claiming they suffer
Bank of America
The firm (Bank of America) has spent too much time getting big rather than boosting profits. Since 1997, its balance sheet has expanded 27%
Mark Cuban
What’s fucked up is, the people who run public companies don’t think this way. They’re just trying to get rich. The idea of running
A good way to move up in the corporate world, according to a recent report in the journal of Applied Psychology, is to favor