Richardson was one of the most famous fashion photographers in the world, going on to work for the likes of Tom Ford, Vogue, Vanity Fair, and Yves Saint Laurent.

This is clearly an improvement on recent quarters, when the Minneapolis-based company suffered a series of missteps in terms of inventories and navigating the culture wars.

The video-sharing platform announced Monday that the fund — through which TikTok promised to pay creators $1 billion — will be discontinued in December.

Dollar Shave Club, the brand that pitched cheap razors with quirky commercials, is being sold by Unilever, its multinational owner.

Kim Kardashian’s shapewear brand Skims is launching a menswear collection.

LVMH founder Bernard Arnault is no longer the world’s second-richest person, with his total wealth falling below Jeff Bezos’ net worth amid signs of a slowdown in demand for luxury goods.

Consumers’ spending spree on high-end goods that kicked off during the pandemic has petered out.

Two of the heirs of German sandal maker Birkenstock are now worth a combined $3.4 billion after the company went public, Bloomberg reported.