When Amy Smilovic created the fashion line Tibi in 1997, she was living in Hong Kong. Navigating foreign trade rules added additional challenges to the already difficult task of starting a new business.
Smilovic joins to discuss how she was able to get the company off the ground before eventually relocating back the United States. She highlights that, beyond foreign trade rules, you also have to take language barriers into consideration.
In the 20 years since Tibi was founded, the retail industry has gone through massive changes. The rise of e-commerce has forced clothing brands to alter their sales strategies. Smilovic explains how Tibi made the adjustment to online, and predicts how much growth she expects to see in e-commerce.
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!
Susan Bourgeois, Louisiana Economic Development Secretary, talks preparations for Super Bowl LIX, plus Meta’s $10B data center coming soon to North Louisiana.
