Connect with us

News

Chris Christie Formally Enters ’24 Race, as He Takes Square Aim at Trump

Published

on

Chris Christie Formally Enters ’24 Race, as He Takes Square Aim at Trump

Chris Christie, the former governor of New Jersey who was eclipsed by Donald J. Trump in the 2016 presidential primaries, filed paperwork on Tuesday saying that he would seek the 2024 Republican nomination, setting up a rematch with the former president and expanding the field of G.O.P. candidates.

In making a second run for the presidency, Mr. Christie, 60, has positioned himself as the person most willing to attack both Mr. Trump, his former friend turned adversary, and Gov. Ron DeSantis of Florida, who has been in second place in nearly every public Republican primary poll for months. Mr. Christie’s presence in the race could be unwelcome for Mr. DeSantis, for whom every additional candidate harms his ability to consolidate support.

Mr. Christie, who is set to announce his run at a town-hall-style event in New Hampshire Tuesday evening, has already begun laying out an aggressive case against Mr. Trump based on the former president’s policies — namely, that he made a number of promises that he never delivered. That case is one that other hopefuls have generally sidestepped, instead largely avoiding saying Mr. Trump’s name. By contrast, Mr. Christie has gone directly at him.

He has mocked Mr. Trump’s dwindling crowd sizes, called him a loser and said that he crossed a line with his actions that led a pro-Trump mob to attack the Capitol on Jan. 6, 2021.

And he has described himself as able to capture the nomination. “I am the viable Trump alternative,” Mr. Christie recently told The Daily Beast.

Advertisement

Still, Mr. Christie’s path to winning the nomination is complicated. He is a northeastern Republican who has not been enmeshed in the culture wars of the Trump era. His main path would necessarily be through New Hampshire, a state where he waged a fierce campaign in 2016 but ultimately came up short. And to gain traction, he will need to rely on attention from candidate debates.

His campaign will depend heavily on media coverage and a nimbleness to travel to places where that is likeliest. New Hampshire is the state where he will begin his campaign, but not necessarily where he will hunker down.

He still needs to meet the criteria set by the Republican National Committee to get on that debate stage, which includes 40,000 unique donors.

Yet if he makes it, as a onetime friend of Mr. Trump, he has a keen understanding of the former president and how to get under his skin. Depending on how the race goes, Mr. Christie’s main impact could be in badly damaging Mr. Trump, whom he has been attacking with gusto. But he has been encouraged by a number of Republican donors and senior officials in recent weeks, particularly as Mr. DeSantis stumbled before even becoming a formal candidate.

Mr. Christie, a former federal prosecutor, will be in a unique position to attack Mr. Trump’s various legal travails, as he is the first former president to be indicted and is facing the potential for additional indictments in other cases.

Advertisement

Still, Mr. Christie will face questions about his conversion from Trump supporter to detractor. (Mr. Trump, after leaving office, referred to Mr. Christie as “an opportunist.”)

Mr. Christie was a favorite of some Republicans to run for the nomination in the 2012 campaign, when he was one of the country’s most famous governors, known for tangling with union leaders and selling himself as knowing how to balance a budget. But instead of running that year, while his star was rising, he chose to focus on running for re-election, receiving national attention for his response during the devastating Hurricane Sandy — and criticism from some Republicans for appearing with President Barack Obama in New Jersey days before the election at an event related to the storm’s aftermath.

The anger among Republicans presaged a political environment in which Republicans punished their elected officials for comity with Democrats.

By the time Mr. Christie announced he was running for president in 2015, when there was no longer a Democratic incumbent, his candidacy had been hobbled by the so-called Bridgegate political revenge scandal that swamped his administration two years earlier. Mr. Christie denied involvement in the alleged payback scheme involving closing lanes on the George Washington Bridge to get back at a political opponent of the governor, and convictions against two defendants were overturned in 2020 by the U.S. Supreme Court. But by then, Mr. Christie’s political fortunes had been damaged.

After dropping out of the 2016 race, Mr. Christie endorsed Mr. Trump that February, one of the first prominent national Republicans to do so. That endorsement was valuable to Mr. Trump as he tried to appeal to Republicans who were skeptical of him over his comments calling for a ban on Muslims entering the country, or his misogynistic statements about the Fox News host Megyn Kelly.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

News

Gantz threatens to quit Israeli government if no new war plan by June 8

Published

on

Gantz threatens to quit Israeli government if no new war plan by June 8

Unlock the Editor’s Digest for free

Benny Gantz has threatened to leave Israel’s emergency government if Prime Minister Benjamin Netanyahu did not commit to a new plan for the war with Hamas in Gaza and its aftermath.

In a televised statement on Saturday evening, Gantz, an opposition figure and former general who joined Netanyahu’s coalition in the aftermath of Hamas’s October 7 attack on Israel, said that his centrist National Unity party would leave the government if his demands were not met by June 8.

Gantz’s ultimatum brings to a head months of tensions within Netanyahu’s government over the handling of the war, and comes just days after defence minister Yoav Gallant slammed Netanyahu for the lack of a postwar plan for Gaza, the enclave Hamas has ruled since 2007.

Advertisement

This is a developing story . . .

Continue Reading

News

Six-month-old baby shot repeatedly during Arizona standoff with child’s father

Published

on

Six-month-old baby shot repeatedly during Arizona standoff with child’s father

A six-month-old baby is currently hospitalized after a man allegedly shot the infant several times during an armed home standoff in Surprise, Arizona, about 30 miles north-west of Phoenix.

At about 3am on Friday, the father of the child allegedly broke into the home where the child and mother lived, according to Surprise police. The child’s father did not live in the house, police said, adding that the man held the mother and child hostage for several hours before the mother managed to escape.

According to police, the mother contacted a construction crew and requested that they call 911. They added that she had minor injuries and it remains unclear how she managed to escape.

In a press conference on Friday, Surprise police spokesperson Rick Hernandez said: “She believed the baby was in danger … Officers responded to the residence and, upon arrival, they heard multiple rounds of gunfire coming from inside the residence.”

Hernandez continued: “That was when the officers forced entry. Upon forced entry, our understanding is that officers almost immediately located the injured child, took that injured child and got the child to care.”

Advertisement

“That baby sustained multiple gunshot wounds and was airlifted to a nearby hospital with serious injuries,” he said, adding that the child’s injuries, which were in its lower extremities, were believed to be non-life-threatening.

While police, including multiple Swat teams, were at the scene, the house caught fire as the child’s father was still inside.

Describing the scene to Arizona’s Family, the news outlet’s drone operator, Hector Holguin, said: “Next thing you know, there was smoke. And after the smoke, there’s a huge ball of fire coming from the back of the house and it just spread from the back all the way to the front … It just progressed. It collapsed the roof.”

As the house burned, a number of nearby residents self-evacuated when they were contacted by police while others chose to shelter in place, said Hernandez, adding: “As the incident progressed, many were asked to leave.”

skip past newsletter promotion
Advertisement

Firefighters were able to control the flames by using two ladder trucks to hose down the house as well as the house next door, and were largely able to put out the fire by 4:30pm, Arizona’s Family reports.

It remains unclear how the fire started or what condition the father is in. According to police, an investigation remains under way and the father is not in custody.

“Once the [tactical units] get the clearance to go into that residence, we might have an update on him,” Hernandez said.

Advertisement
Continue Reading

News

Pietro Beccari: ‘There is no household in the world that doesn’t have [contact with] Louis Vuitton’

Published

on

Pietro Beccari: ‘There is no household in the world that doesn’t have [contact with] Louis Vuitton’

It was the image that launched a social media sensation: football superstars Cristiano Ronaldo and Lionel Messi hunched over a chess game set atop Louis Vuitton’s signature luggage. 

That 2022 campaign image broke the record at the time for most likes on Instagram. Now the world’s biggest luxury house, with more than €20bn in annual sales, is looking to capitalise once again on one of the sporting world’s biggest duos in a new campaign featuring rival tennis virtuosos Rafael Nadal and Roger Federer. 

The pairing is a coup for Vuitton chief executive Pietro Beccari. It has been just over a year since he took on one of the luxury sector’s biggest jobs with a mandate to further grow the LVMH-owned brand — which had its origins as a 19th-century luggage-maker — by transforming it into a cultural juggernaut.

“There is no household in the world that doesn’t have [contact with] Louis Vuitton products,” Beccari tells the FT in a video interview from Paris. “There are not a lot of brands that can say they enter the lives of people like we do.”

Beccari is not just talking about sales of handbags and ready-to-wear fashion — though those more than doubled between 2018 and 2022, according to estimates from HSBC. Now, under the guidance of LVMH chief executive Bernard Arnault and Beccari’s leadership, Louis Vuitton is further pushing back luxury’s boundaries in a bid to reach an ever-wider audience.  

Advertisement

“We are in books, in writing, in editing. We are in music,” the 56-year-old Italian executive says. “We are very much in sports . . . so we are very much covering a spectrum of life that interests people. It is like a magnet for them to become attracted to the brand.”

Beccari’s popular approach to the luxury brand was epitomised by his appointment last year of musician and producer Pharrell Williams to design menswear. What Williams lacked in technical design knowledge he made up for in cultural cachet, transforming catwalk shows into entertainment events featuring elaborate stagings and musical guests such as Jay-Z. The appointment has divided the fashion world, however, with critics lamenting what they saw as the triumph of spectacle over craft at LVMH’s flagship brand. 

Pharrell Williams at Louis Vuitton’s autumn/winter 2024 menswear show in Paris © WireImage

For Beccari, however, weaving a deepening web of overlaps between popular culture, entertainment and brand identity is strategic and key to the megabrand’s future: “For every show Pharrell has done so far, we have always had new songs coming out” — the latest of which was produced for Miley Cyrus and played for the first time at Louis Vuitton’s latest autumn/winter 2024 menswear show. 

Within the same season, “Pharrell also launched the cowboy hat and now you’re seeing that in the US just about everywhere. Even Beyoncé has an album supporting cowboy culture [for which Pharrell has also written a few songs]”, says Beccari. “These are examples of our brand in luxury, not just in selling bags, but having an influence on culture.”

However, the increasing ubiquity of Louis Vuitton presents its own challenge as the brand attempts to balance accessibility against losing the veneer of exclusivity that is essential to commanding the prestige and price points of luxury. “We’ll see if I’m good at it or not in two to three years . . . but this is an eternal dilemma,” says Beccari.

Advertisement

One of his bets is on creating limited distribution of entry-level products, such as sunglasses and fragrance, in order to create scarcity. This has seen “incredible success”, he notes. “Normally a successful perfume would be in 80,000 or 90,000 stores. We limit it to around 400.” (Louis Vuitton’s store network is much larger than luxury peers such as Hermès and Chanel).

A classic black-and-white photo portrait of a man in a dark jacket and dark buttoned-up shirt
Louis Vuitton’s CEO Pietro Beccari © Nathaniel Goldberg

Louis Vuitton’s control of its distribution network and policy of never discounting its products are another advantage, according to Beccari. He also points to its care system, which allows customers to bring back products purchased from the brand to be repaired. 

“We need to preserve our desirability despite our visibility and that’s the biggest challenge that we have,” Beccari says. “We are making sure that the levers we put in place will pay off in the long term, and I believe that this campaign [with Nadal and Federer] will help increase the desirability of the brand in the long run.”

Still, taking Louis Vuitton to the next level is being made more challenging due to a sector-wide slowdown in luxury sales following a multi-year boom during the pandemic. Brands with a broader, more aspirational client base such as Louis Vuitton have been hit harder by the slowdown than competitors like Hermès, which cater to the top tier of wealthy clients. 

The darkening outlook in the key Chinese market, which fuelled growth for much of the past decade, also presents a challenge to the sector as a whole. “Beccari comes at a pretty difficult time because the industry is going through quite a bit of a slowdown, and notably the rebound in Chinese consumption is not at the level most industry managers would have hoped for a few months ago,” says Erwan Rambourg, global head of consumer and retail research at HSBC. 

Beccari, however, has a naturally competitive nature, having previously been a professional footballer in Italy’s second division in his early life, as well as a coach. Born in a small town in Italy’s Parma region, Beccari was recruited to LVMH from mass market shampoo-maker Henkel in 2006.

Advertisement

He quickly rose through the ranks at the luxury group, first leading fashion brand Fendi before being appointed CEO of Dior, the group’s second-biggest brand by sales, in 2018. Under his leadership, Dior’s sales quadrupled, according to HSBC estimates, by expanding its market share across women’s and men’s fashion, leather goods, jewellery and homewares. He also oversaw the renovation of Dior’s flagship at 30 Avenue Montaigne in Paris, which includes a museum, restaurant and private suite. 

Beccari has similar ambitions to leverage Louis Vuitton’s pedigree to expand its offering in hospitality. It already operates an airport lounge in Doha and restaurants in Osaka, Chengdu and Seoul. A large-scale project on Paris’s Champs Elysées, still currently under construction, is widely expected to include a Louis Vuitton-branded hotel.

“We have plans in the Champs-Elysées — it is not a secret,” says Beccari. “We are already active in lifestyle and believe that we need to be about much more than just buying bags.”

Two men holding tennis racquets against a snowy mountain backdrop
A behind-the-scenes photo of Roger Federer and Rafael Nadal © Annie Leibovitz

With Federer and Nadal, Beccari is making good on a project he first conceived back in 2007, when he was executive vice-president of marketing and communications at Louis Vuitton, with Antoine Arnault, Bernard Arnault’s eldest son and then-director of communications at Louis Vuitton.

It is a revival of the Core Values campaign that first began in 2007 and ran into the 2010s. The latest iteration shows Federer and Nadal, photographed by Annie Leibovitz, trekking through the jagged peaks of Italy’s Dolomites mountain range, both sporting branded backpacks (Federer in a classic monogram Christopher style and Nadal in a monogram Eclipse version).

Was it difficult getting the two superstars together? “Not at all,” insists Beccari. “They are good friends and see each other privately. It was a rivalry that became a friendship. They are proud of it and I think they set an incredible example.”

Advertisement

“We sell excellence, quality, success and optimism. In a way, the notion of travel and adventure in life is a mirror of that,” Beccari continues, and the driving force behind LVMH’s sponsorship of this summer’s Paris Olympics. 

For the executive, Nadal and Federer epitomise the Olympic spirit. “I think nobody more than them represents this extreme, ferocious competition that becomes friendship, which is exactly what sports should be.”

Find out about our latest stories first — follow @financialtimesfashion on Instagram — and subscribe to our podcast Life & Art wherever you listen

Advertisement
Continue Reading

Trending