Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek".
Shoe designer and creative Salehe Bembury takes us on a journey from his childhood growing up in Manhattan, to an invaluable degree in industrial design, to working with some of the biggest names in fashion...before breaking off to make his own name. We see how Bembury is able to walk the line of business convention while taking his art to new heights, turning ordinary items into extraordinary footwear. Follow along as he lays out the blueprint for his career, and takes us all the way from his first sketch to his thriving personal brand, Spunge.
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Sweden’s central bank abandoned its efforts to cool household debt growth and the financial regulator’s plan was killed by a court. That’s left the new government with the responsibility of coming up with an answer no matter how unpalatable it may be for voters.
Finance Minister Magdalena Andersson said on Thursday there’s a need for broad talks in parliament to address Sweden’s household debt headache. Measures could include lowering tax deductions on interest payments, a step that’s likely to be unpopular with voters. So far, most politicians, including Andersson, are rejecting such a move even as the subsidy cost could almost double by 2019.