News ⚡ — Wednesday October 23
Nicolas Ghesquière calls out Trump. Organic farming is net negative due to reduced crop yield. Mark Parker steps down as President, CEO, and Chairman of Nike.
1. 🤘 Nicolas Ghesquière calls out Trump despite new LVMH factory in Texas | NY Times
Louis Vuitton women’s wear artistic director Nicolas Ghesquière pulled no punches by calling out Donald Trump who attended the opening of a new LVMH factory in Texas. In an Instagram post, he said “Standing against any political action. I am a fashion designer refusing this association #trumpisajoke #homophobia” on Instagram, alongside the cover of the 1984 disco jam “High Energy,” which featured in the SoBe music compilation titled “Gay Classics, Volume 1: Ridin’ the Rainbow.” The move to denounce Trump teeters a fine line between his employer and the figure. However, within the LVMH camp, many have recognized the optics created by the President’s association.
2. 🌽 New studies suggest that organic farming and reduced crop yield is worse for climate change | Technology Review
New studies suggest that organic farming’s reduced crop yield is not necessarily better for climate change. Organic farming does allow for less greenhouse-emitting gasses to be released, however, to generate a similar yield requires significantly more landmass. Organic farming cuts emissions for livestock by 5% and 20% for growing crops but results in 40% less yield.
3. 👋 Mark Parker is stepping down as the CEO, President, and Chairman of Nike | Nike Inc.
Mark Parker of Nike is stepping down from his role at Nike. Since 2006 he has been the CEO, and since 2016, the Chairman, President, and CEO. His move will see him transition into an Executive Chairman position while John Donahoe will assume the role of President and CEO. Donahoe assumes the role after leaving ServiceNow, as well as serving as the President and CEO of eBay from 2008 to 2015.
4. 📱 Squarespace acquires Instagram story layout app Unfold | TechCrunch
Squarespace, the design-centric CMS and website builder platform has acquired Unfold, a layout app used by many for creating stories on Instagram, Facebook, and Snapchat. No terms behind the deal were discussed but it’s expected that Unfold co-founders Alfonso Cobo and Andy McCune will link with the NYC-based company.
5. 📸 New security scanners including those seen at LAX can wipe out unprocessed film | PetaPixel
New tubular security scanners used by the TSA can wipe out unprocessed film due to increased radiation output. For anybody that comes across the scanners, they can request a hand check by a security officer.
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