Economics/Class Relations

Trump Organization on Trial

Nicholas Carlson October 24, 2022

 

Hello, Insiders. Former President Donald Trump’s real-estate and golf-resort empire goes on trial today in Manhattan court. As Laura Italiano and Dave Levinthal report, this is a low-level corporate fraud case. (Don’t confuse it with the New York attorney general’s $250 million fraud lawsuit.) But it still comes with high stakes: If his company is convicted, Trump’s operation could be banned from doing business with the federal government.


Read our report here – and be sure to keep up with our politics team’s ongoing coverage. (Follow @PoliticsInsider while you’re at it!) And with that, let’s get started on your Monday news.

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The big story
Stefanie Keenan/Getty Images for LoveShackFancy; iStock; Rebecca Zisser/Insider
There’s something about LoveShackFancy that seems to inspire an all-consuming passion in its shoppers. 

 

Rebecca Hessel Cohen founded the brand in 2013, and since then it has cemented its place as a must-have for prep schoolers and Southern sorority sisters. Its legion of fans track new clothing drops and flock to store openings with Swiftie-levels of devotion.

 

But senior reporter Anna Silman writes that, as the company grew from trunk shows in the Hamptons to a bona fide fashion empire, Cohen’s blind spots became glaring. While LoveShackFancy has recently made efforts to respond to criticisms around diversity, its old-school appeal to “unabashed femininity” still feels like a relic from a time before conversations about race, gender, class, and body positivity.

 

So the question remains: Can Cohen have her three-tiered cake and eat it too?

 

Read our full story here. 

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Today’s sound bite
“During the pandemic, companies have asked so much more of their managers, and a lot of that [work] is falling to women.” 
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Today’s team
Nicholas Carlson (@nichcarlson), Hallam Bullock (@hallam_bullock), Lisa Ryan (@lisarya), and Shona Ghosh (@shonaghosh).
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