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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Austrian real estate investor and billionaire Rene Benko wrote off the expected benefits of a merger with cycling retailer Wiggle Group before injecting more capital into his troubled sports retail business.
The sports retailer Signa Sports United booked a €566 million ($605 million) loss in the year ending September, in part due to a €244 million impairment on goodwill related to the purchase of cycling retailer Wiggle, according to the annual report of Signa Sports United published Tuesday.