Tuesday, June 20, 2017

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The surprise for Huntsman’s elite clientele was who bought it: Pierre Lagrange, a high-profile, London-based financier and co-founder of hedge fund GLG Partners. The longhaired Lagrange was already well known to the British tabloids as the defendant in possibly the most expensive divorce in the country’s history. The Huntsman purchase read as a coda, as Lagrange installed his male lover, Anglo-Sudanese women’s-wear designer Roubi L’Roubi, as the firm’s creative director. Whatever Lagrange’s motivation at the time, he says he was attracted to Huntsman because it embodied the idea of subtle quality, “something you keep forever.” More important, he has genuinely revitalized the venerable brand. Though he declines to give figures, Lagrange has invested in head count, among other things, and has added 10 tailors and eight cutters. He is also taking the business to its customers. “I applied the idea from my investment practices,” Lagrange says. “We needed to be closer to our clients.” This has meant a new, heavy schedule of trunk shows and tailor visits around the world, and greater visibility for the brand. In 2016, Huntsman established its first overseas outpost, near Carnegie Hall on New York’s West 57th Street. Lagrange has doubled down on Huntsman’s bespoke-suit heritage.

For the original version including any supplementary images or video, visit http://www.barrons.com/articles/savile-rows-top-tailor-invades-new-york-1497660583

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REUTERS/Jean-Paul Pelissier A person casts a ballot at a polling station, during the second round of French parliamentary election in Marseille, France June 18, 2017. REUTERS/Jean-Paul Pelissier French President Emmanuel Macron speaks with supporters as he leaves city hall, after casting his ballot in the second round of the parliamentary election, in Le Touquet, France June 18, 2017. REUTERS/Philippe Wojazer French President Emmanuel Macron holds his ballot as he prepares to vote at a polling station in the second round parliamentary elections in Le Touquet, France, June 18, 2017. REUTERS/Christophe Archambault/Pool French President Emmanuel Macron speaks with people as he leaves city hall, after casting his ballot in the second round of the parliamentary election, in Le Touquet, France June 18, 2017. REUTERS/Philippe Wojazer By Ingrid Melander and Maya Nikolaeva | PARIS PARIS Voters turned out in low numbers on Sunday in the second round of France's parliamentary election, where President Emmanuel Macron is expected to win a landslide majority that should allow him to embark on far-reaching pro-business reforms. The vote comes just a month after the 39-year-old former banker became the youngest head of state in modern French history, promising to clean up French politics and revive the euro zone's second-biggest economy. Macron's centrist Republic on the Move (LREM) party is little more than a year old, yet pollsters project it will win as many as 75 to 80 percent of the seats in the 577-seat lower house. Turnout, though, was on course for a record low, a sign of voter fatigue after seven months of campaigning and voting - and also of disillusionment and anger with politics that could eventually complicate Macron's reform drive. Interior Ministry data showed turnout reached 17.75 percent by 1200 (1000 GMT), its lowest ever at that time of day for a second round of parliamentary elections since at least 1997. "People know it's already a done deal," Alex Mpoy, a 38-year-old security guard told Reuters TV, echoing the apathy of many voters who intend to abstain.

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