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Founder Michaël Azoulay talks American Vintage and its conquest of the US

Business
It has been quite a journey for the brand from front to kerb parking sign Marseille, France, inspired by the American lifestyle. Founded by Michaël Azoulay in 2005, American Vintage now employs 850 people worldwide, both directly and indirectly, and has "a turnover of 140 million euros, 130 brand shops and 1,500 retailers worldwide". Having emerged "stronger" from the Covid crisis and ready to face today's uncertainty and inflation, the brand with its beautiful basics infused with a casual and relaxed style, already very well established in Europe, has now entered the United States. Michael Azoulay tells FashionUnited about this new adventure and his new projects. FashionUnited: American Vintage is very well established in Europe. You recently decided to enter the export market, via the United States. A bold move,…
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The Consolidated Appropriations Act of 2021

Business, Games, News and Technology, Sport
On Dec. 21, 2020, Congress approved a 2,124-page, $2.3 trillion funding package consisting of a $900 billion end-of-the-year COVID-19 stimulus bill attached to a $1.4 trillion omnibus spending bill to fund the government through Sept. 30, 2021. After a delay, former President Donald Trump signed the bill six days later.1 The CAA stimulus legislation included $300 per week in additional jobless benefits, direct payments of $600 to individuals, $325 billion in small business loans, more than $80 billion for schools, and $69 billion for vaccine development and deployment. Below are the details on what the CAA legislation included.2 The CAA included direct payments of $600 per person including dependents 16 and under, as well as unemployment benefits of $300 per week.The stimulus package provided small business relief funding totaling $325…
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Community Development Lending

Business, Games, News and Technology, Sport
Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) were set to receive $9 billion in additional funding through a new Neighborhood Capital Investment program to help low-income and minority communities deal with the economic impact of COVID-19.2 TransportationAlthough state and local government assistance wasn't included in this legislation, some local help was provided through $45 billion in transportation funding to include transit agencies, airlines and airline contractors, airports, state departments of transportation (DOTs), the motorcoach industry, and Amtrak as follows. $15 billion airline payroll support$1 billion airline contractor payroll support$14 billion for transit$10 billion for state highways$2 billion for airports and airport concessionaires$2 billion for the private motorcoach, school bus, and ferry industries$1 billion for Amtrak2 VaccinesFunding for COVID-19 vaccine procurement and distribution to the tune of $69.5…
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