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Ganni
Ganni is a Danish contemporary ready-to-wear fashion brand. Founded in 2000 by gallerist Frans Truelsen, it started gaining cult popularity as a designer label in the late 2010s under the tutelage of husband-and-wife duo Nicolaj Reffstrup and Ditte Reffstrup. History Ganni was founded by Frans Truelsen as a line of cashmere apparel in 2000. In 2009, the Reffstrups took over the company with Ditte Reffstrup serving as creative director and Nicolaj Reffstrup as CEO. Ditte Reffstrup started her career as a clothes buyer for Danish and Parisian brands. Nicolaj Reffstrup, who graduated from Copenhagen Business School and earned his master's degree at IT University of Copenhagen, is a former technology entrepreneur. Private equity firm L Catterton acquired a 51% stake in the company in 2017. Business model Ganni was described by Harper's Bazaar as a luxury brand with lower-end prices, sitting between fast-fashion retailers like Zara and haute couture brands such as Dior ...
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L Catterton
L Catterton is a U.S.-headquartered private equity firm. Since 1989, the firm has made more than 250 investments in brands across all segments of the consumer industry. L Catterton is led by its co-Chief Executive Officers, J. Michael Chu and Scott Dahnke.Why A Private Equity Firm Backed By Bernard Arnault Is Putting $400 Million Into Norwegian Cruise Line
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History


Founding & early history

Catterton was founded in 1989 as Catterton-Simon Partners by Frank Vest and
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Sweet Spot (economics)
In economics, finance and other fields, the term sweet spot refers to the setting of a policy that results in the optimum balance of costs and benefits. For instance, the bank rate can be raised to keep inflation in check, but doing so may lower economic output by reducing investment through increased cost of capital In economics and accounting, the cost of capital is the cost of a company's funds (both debt and equity), or from an investor's point of view is "the required rate of return on a portfolio company's existing securities". It is used to evaluate new .... The sweet spot for the bank rate is where its effects on investment are low while the inflation rate remains steady. In a more general sense, the term can be applied to any optimization issue. For instance, the sweet spot for pricing a product in the market is a balance between its affordability and its profit margin. Setting a product's price too high may lower sales at a high margin, while setting it too low may pr ...
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NAACP
The National Association for the Advancement of Colored People (NAACP) is a civil rights organization in the United States, formed in 1909 as an interracial endeavor to advance justice for African Americans by a group including W. E. B. Du Bois, Mary White Ovington, Moorfield Storey and Ida B. Wells. Leaders of the organization included Thurgood Marshall and Roy Wilkins. Its mission in the 21st century is "to ensure the political, educational, social, and economic equality of rights of all persons and to eliminate race-based discrimination". National NAACP initiatives include political lobbying, publicity efforts and litigation strategies developed by its legal team. The group enlarged its mission in the late 20th century by considering issues such as police misconduct, the status of black foreign refugees and questions of economic development. Its name, retained in accordance with tradition, uses the once common term ''colored people,'' referring to those with ...
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Black Lives Matter
Black Lives Matter (abbreviated BLM) is a decentralized political and social movement that seeks to highlight racism, discrimination, and racial inequality experienced by black people. Its primary concerns are incidents of police brutality and racially motivated violence against black people. It started following the killings of Trayvon Martin, Michael Brown, Eric Garner, Pamela Turner and Rekia Boyd, among others. The movement and its related organizations typically advocate for various policy changes considered to be related to black liberation. While there are specific organizations that label themselves simply as "Black Lives Matter," such as the Black Lives Matter Global Network, the overall movement is a decentralized network of people and organizations with no formal hierarchy. The slogan "Black Lives Matter" itself remains untrademarked by any group. Despite being characterized by some as a violent movement, the overwhelming majority of its public demonstrat ...
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Ukraine
Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian invasion, it was the eighth-most populous country in Europe, with a population of around 41 million people. It is also bordered by Belarus to the north; by Poland, Slovakia, and Hungary to the west; and by Romania and Moldova to the southwest; with a coastline along the Black Sea and the Sea of Azov to the south and southeast. Kyiv is the nation's capital and largest city. Ukraine's state language is Ukrainian; Russian is also widely spoken, especially in the east and south. During the Middle Ages, Ukraine was the site of early Slavic expansion and the area later became a key centre of East Slavic culture under the state of Kievan Rus', which emerged in the 9th century. The state eventually disintegrated into rival regional po ...
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Russo-Ukrainian War
The Russo-Ukrainian War; uk, російсько-українська війна, rosiisko-ukrainska viina. has been ongoing between Russia (alongside Russian separatist forces in Donbas, Russian separatists in Ukraine) and Ukraine since February 2014. Following Ukraine's Revolution of Dignity, Russia Annexation of Crimea by the Russian Federation, annexed Crimea from Ukraine and supported pro-Russian separatists in the War in Donbas (2014–2022), war in Donbas against Ukrainian government forces; fighting for the first eight years of the conflict also included List of Black Sea incidents involving Russia and Ukraine, naval incidents, Russian–Ukrainian cyberwarfare, cyberwarfare, and Russia–Ukraine relations, heightened political tensions. In February 2022, the conflict saw a major escalation as Russia launched a 2022 Russian invasion of Ukraine, full-scale invasion of Ukraine. In early 2014, pro-Russian Ukrainian president Viktor Yanukovych was ousted from office as a r ...
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2022 Russian Invasion Of Ukraine
On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An estimated 8 million Ukrainians were displaced within their country by late May and 7.8 million fled the country by 8 November 2022, while Russia, within five weeks of the invasion, experienced its greatest emigration since the 1917 October Revolution. Following the 2014 Ukrainian Revolution, Russia annexed Crimea, and Russian-backed paramilitaries seized part of the Donbas region of south-eastern Ukraine, which consists of Luhansk and Donetsk oblasts, sparking a regional war. In March 2021, Russia began a large military build-up along its border with Ukraine, eventually amassing up to 190,000 troops and their equipment. Despite the build-up, denials of plans to invade or attack Ukraine were issued by various Russian gove ...
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Copenhagen
Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan area has 2,057,142 people. Copenhagen is on the islands of Zealand and Amager, separated from Malmö, Sweden, by the Øresund strait. The Øresund Bridge connects the two cities by rail and road. Originally a Viking fishing village established in the 10th century in the vicinity of what is now Gammel Strand, Copenhagen became the capital of Denmark in the early 15th century. Beginning in the 17th century, it consolidated its position as a regional centre of power with its institutions, defences, and armed forces. During the Renaissance the city served as the de facto capital of the Kalmar Union, being the seat of monarchy, governing the majority of the present day Nordic region in a personal union with Sweden and Norway ruled by the Danis ...
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Paloma Elsesser
Paloma Kai Shockley Elsesser (born April 12, 1992) is an American fashion model. Early life Elsesser was born in London, England to an African-American mother and a father of Chilean and Swiss descent. Her Grandfather is Swiss and came from a Swiss-Romande town named where her surname is derived from. She was raised in Los Angeles, California and moved to New York City, New York in 2010, to attend The New School to study psychology and literature. Her sister, Ama, is also an actor and model signed to IMG, while her brother Sage Elsesser is a rapper and professional skateboarder. Career Elsesser was discovered on Instagram by makeup artist Pat McGrath. She has modeled for Nike, Inc., Fenty Beauty, Proenza Schouler, and Mercedes-Benz. She has appeared in editorials for fashion magazines such as ''American Vogue'', ''Vogue España'', ''Teen Vogue'', ''Elle'', '' W'', ''Wonderland Magazine'', and ''Glamour''. In 2018, Elsesser appeared on the cover of ''British Vogues April issue ...
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Upcycling
Upcycling, also known as creative reuse, is the process of transforming by-products, waste materials, useless, or unwanted products into new materials or products perceived to be of greater quality, such as artistic value or environmental value. Description Upcycling is the opposite of downcycling, which is the other part of the recycling process. Downcycling involves converting materials and products into new materials, sometimes of lesser quality. Most recycling involves converting or extracting useful materials from a product and creating a different product or material. The terms upcycling and ''downcycling'' were first used in print in an article in SalvoNEWS by Thornton Kay quoting Reiner Pilz and published in 1994. ''Upsizing'' was the title of the German edition of a book about upcycling first published in English in 1998 by Gunter Pauli and given the revised title of ''Upcycling'' in 1999. The German edition was adapted to the German language and culture by Johannes ...
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Levi Strauss & Co
Levi Strauss & Co. () is an American clothing company known worldwide for its Levi's () brand of denim jeans. It was founded in May 1853 when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business. Although the corporation is registered in Delaware, the company's corporate headquarters is located in Levi's Plaza in San Francisco. History Origin and formation (1853–1890s) German-Jewish immigrant Levi Strauss started his trading business at the 90 Sacramento Street address in San Francisco and then moved the location to 62 Sacramento Street. In 1858, the company was listed as ''Strauss, Levi (David Stern & Levis Strauss) importers clothing, etc. 63 & 65 Sacramento St.'' (today, on the current grounds of the 353 Sacramento Street Lobby ) in the San Francisco Directory with Strauss serving as its sales manager and his brother-in-law, David Stern, as its manager. J ...
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Copenhagen Fashion Week
Copenhagen Fashion Week is an international fashion event, held twice a year in Copenhagen Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan ar .... History The first Copenhagen Fashion Week was held in 2006, the result of a merger of previous Danish clothing trade fairs, Dansk Modeuge and Dansk Herremodeuge, which date back to the 1950s. Copenhagen Fashion Week is owned by the Danish Fashion Institute. In 2017, Copenhagen Fashion Week went through a strategic process with the participation of key stakeholders in the fashion industry. The aim of the strategy was to strengthen Copenhagen as the epicentre of Scandinavian fashion and to establish Copenhagen Fashion Week as the leading fashion week in Scandinavia. In 2019, Copenhagen Fashion Week became the only fashion week in Scandinavia ...
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