The only daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley.
Gundlach Says the Fed Shouldn’t Hike Anymore After Today
Asian Equities Face Headwinds as Fed Hikes, Cuts Growth Forecast
NZ Economy Grew Twice as Much as Forecast in Third Quarter
Bill Ackman Says Fed’s 2% Inflation Target ‘No Longer Credible’
Here’s What Wall Street Is Saying About the Fed’s Rate Hike
Chicago City Council Approves Bally Casino to Plug Pension Hole
Pot Fraud Case Crumbles as Prosecutors Ask to Withdraw CannTrust Charges
US Is Seizing 48 Websites in Sting of Cyberattack-for-Hire Services
Two Ebola Vaccines Show Lasting Immune Response in Study
New York’s Uber and Lyft Drivers Aren’t Getting a Pay Raise This Holiday Season
Pelosi Attacker Evidence Ruled Sufficient to Go to Trial
Indonesia Struggles to Build Military That Can Stave Off China
NYC’s Mercedes House Rental Apartments Sell for $100 Million
Social Media Influencers Charged With $100 Million Stock Scheme
Eddie Murphy to Receive Cecil B. DeMille Award At Globes
Q&A: Roger Deakins on Cinema’s Past And Future
If Putin Is Being Less Dumb About Ukraine, We’re in Trouble
The Fight to Build Japan’s Military Is Just Beginning
Here’s to Crypto Going the Way of Esperanto
Sam Bankman-Fried’s Arrest Shows Crypto Cops Are Catching Up
Elon Musk’s Twitter Is a Shakespearean Psychodrama Set in Silicon Valley
Long Covid’s Effects Go Beyond Respiratory Issues
Iran Kicked Out of UN Women’s Body After Protest Crackdown
Netherlands to Cap Rents of Thousands of Homes at $1,172
Australian Startup 5B Gets BP Backing to Install Solar Farms in Minutes
Nuclear Fusion Breakthrough Set to Send Billions of Dollars Flowing to Atomic Startups
NYC Helicopters Are Back, Sending Noise Complaints Soaring 678%
NYC Wants to Cut Average Commute Times to 30 Minutes as Part of Revival Plan
Chicago Taps Brakes on Gentrification With a Tax on Teardowns
Sam Bankman-Fried’s Arrest Shows Crypto Cops Are Catching Up
How 2022 Became A Very Bad Year for Crypto — And Its Biggest Players (Podcast)
How the ‘Alameda Gap’ in Liquidity Is Impacting Crypto Markets (Podcast)
Photo illustration: 731; photo: SIPA/AP Photo
Angelina Rascouet
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One of the few female CEOs leading a fashion brand, Francesca Bellettini started her career as an investment banker before switching industries. She worked at Prada and Helmut Lang prior to joining French luxury group Kering—first at Gucci, then Bottega Veneta and finally Saint Laurent. She’s led the label since 2013, working first with designer Hedi Slimane and, since 2016, Vaccarello, who’s known for elegant rock ’n’ roll looks. He has a penchant for stiletto heels and pairing iconic black smoking jackets with velvet leggings.
Bellettini’s distribution strategy hasn’t relied as much on China—a country that’s dealt with severe lockdowns during the pandemic—as other rival luxury brands. Global sales growth through the end of September outpaced that at Gucci, Kering SA’s biggest label. Her goal is for Saint Laurent to do €5 billion ($5.27 billion) in annual sales in the medium term—which analysts say would be in five years, about a decade after the company crossed the €1 billion mark. She’s looking to appeal more to men, who make up about a quarter of the brand’s clientele, and she wants to sell more shoes to everyone. At 9% of revenue, the footwear business has room to grow, as does ready-to-wear at 12%. Leather goods such as bags, wallets and belts account for 72%.