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Lululemon’s troubles are far from over. The athletic apparel retailer lowered its full-year guidance and issued a weak current quarter outlook on Thursday as interim CEO Meghan Frank blamed “negative commentary in the media” and recent product launches that failed to wow shoppers. “We experienced spikes of negative commentary in the media and on social channels with regard to our brand, which had an impact on traffic and overall top line performance,” Frank told analysts during the company’s earnings call while explaining why the company’s performance declined at the end of its fiscal first quarter. “And second, not all of our…
For the first time in 15 years, the Central Saint Martins B.A. graduate show decamped from its usual home in King’s Cross and ventured south of the river to Peckham. Despite the tempestuous weather, the streets surrounding the venue fizzed with summer: Jewel-toned Buzzballs adorned the pavement, and frissons of Afro Dance and dubby hooks sliced the air from cars whizzing by. Up a flight of Pepto Bismol-pink stairs (past a small group of protesters), across a panoramic rooftop, and down once again into a cavernous parking garage—the CSM bachelor’s program students had set up for a spectacle: this is…
We all know the best recommendations come from trusted confidants. Road tested and preapproved, this info is immediately stored for future use. Even better? Recommendations for generic products that compete with (or even outperform) pricier versions. So when my friend Heidi served up one of the most well-balanced margaritas I’ve had in a while, I needed the scoop. Was it homemade or from a mix?Turns out I had Trader Joe’s to thank. One of my favorite stores came through once more, this time in the form of a 32-ounce jug of Organic Margarita Mix. It boasts a small ingredients list,…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. It has been a resilient day for the markets . The AI and tech trade was under significant pressure at the open following sharp post-earnings pullbacks in Club stocks Broadcom and CrowdStrike . We thought both quarters were solid, but the upside on each was not enough to keep their parabolic rallies going. Money didn’t leave the market; it found other areas. As tech suffered, healthcare, financial, and communication services had…
Every season, designer Jasmin Larian Hekmat finds creative inspiration in various far-flung destinations, and the natural beauty they behold. (It’s a smart move, given that many of her customers also don her pieces on vacation—call it wanderlust dressing.) For pre-fall, though, it was less about designing a love letter to a specific setting, and more about finding ways to incorporate nature-inspired elements into her signature dresses and bags. “Everything in the collection traces back to this poetry of nature, and the tactile beauty of things she can find,” said Hekmat.Earthy elements were present throughout. The light-blue Mellie dress, for one,…
Anna & BelAnna & Bel occupies a quiet Fishtown corner where Susquehanna meets Belgrade—the intersection that gives the hotel its name. The restored 18th-century property, once a women’s asylum, reopened in 2024 as a 50-room boutique hotel with a heated courtyard pool, the Corsica- and Sardinia-inspired restaurant Bastia, and Caletta, an intimate cocktail bar. Rooms are plush and considered, with hidden kitchenettes or minibars, Nespresso machines, and a minibar stocked with thoughtful snacks. The leafy courtyard loosely conjures New Orleans, thanks to a ring of balconies overlooking the umbrella- and lounger-trimmed pool. For the splashiest stay, book the Anna Suite…
(Left to right) Supabase’s Paul Copplestone, CEO and co-founder, and Ant Wilson, CTO and co-founderCourtesy: Supabase Inc.Vibe coding needs infrastructure. Supabase is trying to provide it. The startup, which makes backend tools for building artificial intelligence apps, said on Thursday that it raised $500 million at a valuation of $10.5 billion, the latest sign that venture investors are seeking to pour money into all corners of the AI market that are showing signs of growth. Supabase’s valuation has roughly doubled since its last funding round in October, riding the wave of AI-assisted coding, which allows developers and people without technical…
For resort, Alessandro Dell’Acqua dipped back into his bag of tricks, tweaking the recipe rather than reinventing it. In today’s retail climate, he argued, customers need a reason to walk into stores, but not so much novelty that they lose sight of what they came for. The balance lies somewhere between surprise and familiarity: a recognizable signature, seasoned with just enough fresh spice to keep things appealing.Being Neapolitan, Dell’Acqua might appreciate a culinary comparison. Think of his style as a classic pizza margherita with an extra flourish of mozzarella, a more generous scattering of basil, and perhaps olives and lemon…
“When we avoid difficult conversations, we trade short-term discomfort for long-term dysfunction.” ~Peter Bromberg Have you ever looked around at other people’s lives and wondered, “How do they do that?” How do they seem so steady, so connected, so… together? From where I stood, there appeared to be a certain kind of person—someone confident, kind, thoughtful, and at ease in her relationships. And because she enjoyed her relationships, she seemed to enjoy her life. I was not her. For a long time, I thought I was the “nice” one in my relationships because I avoided confrontational conversations. But because I…
Blackstone is restricting withdrawals from its flagship Blackstone Private Credit, or BCRED, fund following a spike in investor redemption requests, as fears over liquidity pressures rattled private markets.The asset management giant capped investor withdrawals from the $79 billion nontraded business development company at 5% of shares, after redemption requests hit 10% during the second quarter.It comes after U.S. private markets giants sold off on Wednesday after Switzerland’s Partners Group said it was curbing redemption requests in one of its European private equity vehicles.Partners Group said on Thursday it was prepared to restrict withdrawals in more of its funds, warning that…
