Rothy’s Expansion — Florida Real Estate — Fragrance Boom

Good morning and completely satisfied Friday, everybody. Welcome to this week’s version of Insider Life, which is rife with a few of our high reads spanning actual property, model, and journey. Today we will let you know why you won’t need to put money into Florida actual property, present you some cities that may pay you to dwell there, and let you know why perfume gross sales have been booming.

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During laborious instances, economists have turned to one thing known as the “lipstick index,” a concept that even when instances are powerful, folks will nonetheless carve out room for small luxuries — like a tube of lipstick. In 2020, although, it wasn’t lipstick that noticed a surge in demand — it was fragrances. Why fragrances grew to become an reasonably priced luxurious throughout the pandemic.

Courtesy of Shane Neman

People have relocated to Florida in droves for the reason that onset of the pandemic, thanks partly to its comparatively low value of residing and balmy local weather. But one real-estate investor is doing the precise reverse — he is planning to promote a number of of his properties within the Sunshine State. Inside his determination to step again from Florida.


Rothy’s, the sustainable-shoe model, added a half-million new prospects in 2020. Now, it is trying to develop its buyer base even additional by launching a line of males’s footwear — which its CEO says will assist convey its 2021 income to north of $140 million.Rothy’s plans to double gross sales.

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Rent the Runway has formally entered the $30 billion resale market. Now, all prospects are capable of purchase or lease second hand garments from the retailer, a big shift from when solely paying members of its garments rental companies had that possibility. Get the total rundown right here.


If you possibly can work remotely, you may need to try Oahu, Hawaii, or Tucson, Arizona. Those two cities — in addition to 12 different cities throughout the nation — can pay you as much as $20,000 simply to maneuver there. See what different cities are providing incentives for distant staff.

Kent Nishimura / Los Angeles Times through Getty Images

What as soon as was seen as one other of Tesla CEO Elon Musk’s pipe goals may now turn into a actuality: Tesla could possibly be opening a Fifties-style diner at its Los Angeles supercharger station. Here’s what a Tesla supercharger diner could be like.

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Society’s notion of age gaps in relationships is altering. Whereas as soon as folks did not bat an eye fixed at {couples} with giant age gaps — suppose 38-year-old Jerry Seinfeld approaching 17-year-old Shoshanna Lonstein in 1993 — {couples} with just a few years in between are actually going through elevated scrutiny. Experts informed Insider the explanations behind that cultural shift.Plus…

Millennials who lately purchased properties are sharing their greatest regrets. Here’s what they stated.Louis Vuitton is going through backlash for promoting a shawl impressed by the standard Palestinian keffiyeh. We clarify why.Jeff Bezos appears to be creating a large Beverly Hills property price as a lot as $175 million. A take a look at what we all know thus far.London has a “floating” sky pool that lets folks swim 100 ft within the air between two skyscrapers. See pictures of it right here.

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