ps Archive

Where Have All the Unicorns Gone?

LONDON, United Kingdom — Privately-held start-ups valued at $1 billion or above were once as rare as unicorns, hence the label widely used for such companies in Silicon Valley and beyond. But in 2015, unicorns weren’t such an uncommon beast. In fashion alone, Warby Parker, Farfetch and Rocket Internet-backed Global Fashion Group earned a valuation of $1 billion or above for the first time last …

Social Goods | Tamara Mellon Sues Jimmy Choo, Philip Green Under Fire, Modest Models

“Jimmy Choo Co-Founder Sues Shoe Company Alleging Boycott“ (Bloomberg)“Jimmy Choo was sued by the co-founder of its eponymous shoe line who alleged the company launched a campaign to punish her as she prepared to start a new venture.” “UK Lawmakers Set to Debate Philip Green’s Role in BHS Debacle“ (Bloomberg)“UK lawmakers are turning up the heat on the embattled billionaire Philip Green, moving to discuss …