Red-Hot Housing Market — MGM’s Picasso Auction — Austin’s ‘New Normal’
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TGIF people! Welcome back to another edition of Insider Life. We have plenty in store for you this week, including some of our best retail, travel, real estate, and grocery reads. Today we’re telling you about a company that is sprucing up old Range Rovers and giving you a glimpse into what’s going on at brands like Stitch Fix and ThirdLove.
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Kingsley cars
Kingsley Cars is a UK-based company that turns old Range Rovers into $ 200,000 works of art. With a multitude of upgrades and adjustments, a Kingsley Rover is something beautiful: perfect paintwork, beautiful upholstery, and smooth driving.
Take a look inside one of the redesigned Range Rovers.
Marianne Ayala / Insider
Stitch Fix was supposed to revolutionize retail, but some stylists say it’s getting lost. As the company changes how stylists can structure their working hours, employees say this is crowding out talent. Also, some say Stitch Fix doesn’t have enough on-trend clothes for customers looking for post-pandemic, “back-to-life” outfits.
Learn more from Stitch Fix stylists.
DANIEL LEAL-OLIVAS / AFP via Getty Images
This fall, MGM Resorts will auction 11 Picasso paintings, valued at up to $ 104 million, originally collected by former casino mogul Steve Wynn. MGM said the upcoming auction is part of the resort’s shift towards contemporary art and works “by women and artists of color”.
See some of the artwork being auctioned.
Helena Wong
When Heidi Zak launched the online bra and underwear brand ThirdLove in 2013, Victoria’s Secret and its iconic angels were the dominant force in the lingerie industry. But ThirdLove took a different approach to lingerie – it made a name for itself by flaunting typical female bodies and snubbed male imaginations.
Zak talks about competition and body positivity in the lingerie industry.
benedek / Getty Images
Everyone wants to get a piece of the glowing housing market. A new report identified the best cities for investors to own to rent, and the list spans medium-sized cities from Memphis, Tennessee to Tampa, Florida.
These are the seven best cities to buy a rental apartment in 2021.
Jeff Spicer / BFC / Getty Images
Forbes reported this week that Rihanna’s net worth exceeded $ 1.7 billion – an achievement many people attribute to her unbridled inclusiveness. Each of their brands, including Fenty and Savage X Fenty, prioritize diversity and inclusion and can serve as a case study for CEOs.
What CEOs can learn from Rihanna.
motiv56 / Shutterstock.com
Ultra-rich Americans are giving up their US citizenship in droves. In 2020, more than 6,000 Americans gave up their citizenship – a 237% increase from the previous year. The increase is pronounced among some of the richest people who have migrated at increased rates since 2016.
That drives the rich to give up their US citizenship.
Marianne Ayala / Insider
Austin’s hot real estate market has achieved what realtors call the “new normal”. While the worst of the real estate buying frenzy may be over, experts say homes continue to get more expensive as people flock to the Texas capital.
Get the latest on the insane Austin housing market.
Plus …
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