Ronald W. Burkle, chairman and chief executive officer of Yucaipa Cos., the Los Angeles investment firm, may like to dabble in the fashion category — but he doesn’t like to talk about it.
Despite investments in some high-profile names, the billionaire Burkle still remains something of a newcomer to the sector. And his choices so far defy a discernible pattern or specific strategy. One thing is certain: He has a taste for risk, investing in the cash-hungry label or the turnaround project. That wouldn’t necessarily classify Burkle as a bottom-fisher, but he seems more than willing to invest in the not-so-sure thing in exchange for longer-term ownership.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)