True Religion Looks to Allen Onyia to Reassert Itself in Streetwear

LOS ANGELES — True Religion said Wednesday it hired Allen Onyia, the founder of the online magazine UpscaleHype, to serve as artistic director of the brand.
Onyia cofounded the site UpscaleHype in 2008 with his brother Kyle Onyia, focused on coverage of high-end men’s wear and celebrity fashion. The site includes some commerce with items such as Fear of God sneakers, along with accessories and UpscaleHype-branded product for sale.
The hire is a bid to tap an aesthetic relevant today in streetwear and what the company said is a move to reposition itself back in the category.
“The whole point of this [hire] is it really signals a sea change for the company and its progression into the future,” said chief executive officer Chelsea Grayson. “This is a real line in the sand and I was intent on that when I joined the company.”
The significance of Onyia’s hire is in the company’s aim to return to its roots in streetwear, Grayson added. It’s one of several steps being taken that includes a transition to limited-edition drops. On the product side, there will be less denim and more crewneck T-shirts, crewneck long-sleeve shirts, sweatshirts, outerwear and elevated fabrications, Grayson added, noting that pricing will

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Carl Icahn prods Caesars Entertainment to sell itself

Activist investor Carl Icahn on Tuesday urged Caesars Entertainment Corp. to sell itself, after disclosing a 9.78 percent stake in the US casino operator. “Board should conduct a strategic process to comprehensively assess the best path forward for Caesars and believe that shareholder value might be best served, and enhanced, by selling the company,” Icahn…
Business | New York Post


Nixon Foundation distances itself from Roger Stone

Don’t get me Roger Stone! The Nixon Foundation distanced itself from the newly indicted Roger Stone on Friday, dismissing reports that the self-proclaimed “dirty trickster” was a campaign aide to the 37th president. “This morning’s widely-circulated characterization of Roger Stone as a Nixon campaign aide or adviser is a gross misstatement,” the foundation for President…
News | New York Post


How GoPro rebooted itself: CEO Nick Woodman talks strategy — MashTalk


For GoPro, things are looking up.

After a tumultuous couple of years — which saw the action-camera company enter and then leave the drone business, get squeezed harder by increasingly competitive smartphone cameras, and ride a steady wave of criticism of its product line — GoPro appears to have found its footing with the well-received Hero 7 Black camera and a return to profitability.

At the center of the company’s renewal is founder Nick Woodman. Woodman joined MashTalk to talk about what it’s been like to be CEO through such a roller-coaster time. After promising expeditions into media, drones, and 360 video didn’t work out as planned, he’s discarded unrealistic visions for tighter focus. The new GoPro may be less ambitious, but it’s much more confident about what it can offer: high-quality action cameras with a compelling mix of features, value, and usability. Read more…

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Ratings giant Nielsen wants to sell itself, could fetch $10B

Nielsen Holdings, the TV-ratings research firm, is restarting a process to sell itself, with first-round bids due Friday in an auction that could fetch more than $ 10 billion, The Post has learned. Private equity firms The Blackstone Group and Hellman & Friedman are expected to make a non-binding offer that is a premium to Nielsen’s…
Business | New York Post


Europe is showing itself too soft to use its ‘soft power’

European Union leaders have long called for the bloc to behave more independently and strengthen its international role. Their failure to build a way to bypass US sanctions on Iran has brutally exposed how far they are from that goal. In September, Federica Mogherini, the EU’s top foreign policy official, announced plans for a special-purpose…
Opinion | New York Post


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