Chanel's CEO says she's been the 'first woman, the first brown person, the first Asian, the first Indian' in every job – and wants to lift others up | Why Europe is a magnet for more Americans | The Washington Post lays off staff from tech arm | Semafor

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You Might Like � � � You Might Like � � � � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium Chanel's CEO says she's been the 'first woman, the first brown person, the first Asian, the first Indian' in every job – and wants to lift others up - Business Insider    The CEO of Chanel said she got about 7,000 emails and letters from women and girls praising her appointment, she told The Wall Street Journal. The French luxury retailer appointed Leena Nair as only its second female boss in its 113-year history in January 2022. "I've been the first at every job I've done. The first woman, the first brown person, the first Asian, the first Indian—but I don't want to be the last, and I am going to try and make it easier for those who come after me," Nair told the Journal, adding that one of her mottos is "lift as you climb." Fortune's Global 500 rankings of the world's companies by revenue, released earlier this month, found that just 29 – or 6% – have a female CEOs. That's up from 24 last year. Continued here Why Europe is a magnet for more Americans - The Economist    “WHAT I ENVY you is your liberty,” says Count Valentin de Bellegarde to Christopher Newman, the protagonist of Henry James’s novel “The American”. Rich, self-made and free of class prejudice, Newman moves to Paris for fun, only to be sucked into the intrigues of the French aristocracy. The template still describes one type of American expat: the well-off innocent who comes to Europe for amusement or edification. Another sort, however, comes not to enjoy the old world but to escape the new one. “I didn’t know what would happen to me in France,” said James Baldwin, a black writer, of his decision to emigrate in 1948, “but I knew what would happen to me in New York.” More Americans are moving to Europe lately, and many are fleers rather than seekers. The statistics are messy: governments have difficulty keeping tabs on foreign residents. But in some countries the trend is clear. In 2013-22 the number of Americans in the Netherlands increased from about 15,500 to 24,000; in Portugal it tripled to almost 10,000; and in Spain it rose from about 20,000 to nearly 34,000. In other places, such as France, Germany and the Nordic countries, the number grew moderately or held steady. Britain thinks the number of resident Americans rose from 137,000 in 2013 to 166,000 in 2021 (the latest estimate). Meanwhile, more and more Americans say they want out of their own country. Few of those who vowed to leave if Donald Trump were elected in 2016 actually did so. But Gallup, a pollster, found in 2018 that the share of Americans who said they would like to move permanently to another country had risen from 11% under Barack Obama to 16% under Mr Trump; by 2022 it was 17%, Joe Biden’s election notwithstanding. A survey by YouGov last year found that those considering emigration were mostly liberals. Continued here You Might Like � � � � � � � � � The Washington Post lays off staff from tech arm | Semafor -     The Washington Post has quietly laid off staff from Arc XP, the technology arm of the paper that Post leadership had previously considered selling or spinning off. Last year, the Post declined offers to sell Arc XP, the company’s in house publishing tool and software business, saying it would instead invest $50 million in the business in 2023. But on August 22, the paper told several top marketing staffers, program managers, and product designers at Arc XP that the Post would be eliminating their roles in the coming weeks. The move displeased staff, who have been furious with recurring layoffs at the paper over the past year. In a statement, the company’s union said it was frustrated with the cuts, saying the paper did not give staffers an explanation for why their roles were being eliminated. The union added that the cuts contradicted the paper’s previous claim that there would be no further layoffs this year. Continued here

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