Sunday, 6 July 2025
Saturday, 5 July 2025
ZARA 50TH ANNIVERSARY
Zara at
50: how the brand rose to the top – and what it’s doing to stay there
As fashion
empire hits middle age, it’s cutting costs and closing stores, shifting to
larger outlets and new products
Sarah Butler
Sat 5 Jul
2025 10.00 CEST
In Arteixo,
northern Spain, workers are putting the final touches to a gigantic white box
of a building, fixing windows and planting greenery in the new global
headquarters of the fashion brand Zara, which turned 50 this year.
The site,
complete with a private high street where the retailer will test out its latest
store concepts, is not far from the small store on the corner of a nondescript
street in the centre of nearby La Coruña where, in 1975, Amancio Ortega opened
his first fashion store.
From those
humble beginnings grew Inditex, a fashion empire that today boasts seven brands
including Zara, Massimo Dutti, Bershka, Pull & Bear and Oysho. It has more
than 5,500 stores in 98 countries and an online presence in 116 more – from the
US and UK to Zimbabwe and Uzbekistan.
Zara, which
has been worn by the Princess of Wales, Taylor Swift and, controversially,
Melania Trump, was the first brand in the group and remains by far the biggest.
It is budget friendly but not super cheap, drawing in shoppers with affordable
tailoring and on-trend items, especially dresses – most famously the 2019 polka
dot viral dress.
Ortega, who
at 89 is still regularly seen at the head office chatting with staff, was a
local clothing manufacturer who had worked his way up from being a delivery boy
at a shirtmakers when he opened his first shop. He is now the 12th richest
person in the world according to Forbes, with a net worth of about $120bn
(£880m).
More than
160,000 people work for the company he founded, more than 5,000 of them at the
Inditex HQ in Arteixo, a complex which includes the new, soon to be opened Zara
head office. Together they helped ring up sales of €38.6bn (£33.3bn) last year
and profits of €7.6bn.
As the
Guardian was given rare access to the building’s gleaming white corridors,
staff whizzed past on electric scooters or even bikes to navigate the vast
site.
But as the
company hits middle age, Inditex faces challenges. Sales growth slowed to 4.2%
in the most recent quarter, a slowdown from 10.5% in the previous quarter.
Like many
other retailers, the company is reducing its overall store estate – with a net
136 stores closed in the past year.
The slowdown
comes only a few years after a changing of the guard at Inditex, when the
founder’s daughter Marta Ortega Pérez stepped in as chair while former lawyer
and banker Óscar García Maceiras became chief executive.
Local boy
García Maceiras, who joined in 2021 from Spain’s Banco Santander, is seen as an
outsider with quite a lot to prove.
When we meet
in his spacious office, the conservatively dressed CEO, in tight-fitting blue
suit and shirt, is bullish about the company with which he shares a 50th
birthday year. “We remain very confident in our capability to keep on growing,”
he says.
While store
numbers are reducing globally, the amount of space devoted to Inditex fashions
around the world will increase by 5% this year as it shifts to ever larger
outlets.
In the UK,
for example, next month Zara will reopen its doors at Manchester’s Trafford
Centre with a store that is 40% bigger than before, while Pull & Bear is
doubling the size of its outlet there. Meanwhile, Bershka will open its first
store in Manchester.
Bershka is
also opening a new store in Glasgow this summer while Stradivarius, another
Inditex brand, is opening there and near Newcastle later this year. The group
is also looking for a site for The Apartment, a new concept that combines
premium Zara clothing and , in a store laid out like a stylish influencer’s
home. Right now there are only three in the world – in La Coruña, Paris and
Madrid.
The UK
expansion comes despite retailers’ warnings that a rise in taxes might depress
new store openings and hit jobs.
“We keep on
considering the UK a very relevant and attractive market,” García Maceiras
says.
Similarly in
the US, Inditex’s second-biggest market, he says the company will flex its
supply base, which includes factories in 50 countries, to deal with whatever
tariffs the Trump administration settles on. Inditex doesn’t use factories in
the US or Americas at present – but García Maceiras doesn’t rule it out for the
future.
Part of the
challenge for well-established fashion brands is the rise of online fast
fashion specialists Shein and its fellow Chinese-founded digital behemoth Temu.
García
Maceiras shrugs off such upstarts, saying Inditex is competing on style rather
than low prices and that the fashion industry has so many players that success
is not dependent on a single rival.
“This is a
market so highly fragmented that your level of success could depend basically
on your own capacity of spotting trends and executing those,” he says.
“The fashion
sector is connected with the inspiration and aspiration, and that is something
that requires permanent innovation and a permanent mindset of listening to
customer needs and customer desires in order to spot trends.
“The idea
for us going forward is to keep on innovating every day, to adapt with an
enormous level of flexibility to what our customers are looking for.”
This is
where Inditex thrives – with an almost unique model based on producing about
half its stock in relatively small amounts and less than a month before it hits
the shop floor. Even if something is incredibly successful, it will never be
reproduced exactly again.
When the
weather or the economic climate turns against them, most retailers must plough
ahead with plans made more than six months in advance. At Inditex, every store
receives a tailored assortment delivered twice a week. Local managers have
considerable control over what flows into their stores – feeding back what is
selling, and what customers are asking for.
Its new
larger stores are, meanwhile, designed to house an ever broadening array of
products and services. That includes more premium product to tempt in a broader
range of shoppers.
The new
stores are also given an upmarket feel, using material made from recycled
ceramics that looks like marble, and split into departments to house
sportswear, footwear and other growing categories.
Technology
is also helping lower costs and aiming to improve service. In Manchester,
shoppers will be able to return or pick up goods bought online with a scan of a
barcode thanks to robot-operated systems, while a new gadget will automatically
sort unwanted items from the changing rooms.
Many of the
tills will automatically scan in basket loads of purchases with the use of
smart radio-frequency tags.
The group is
also trying out different kinds of services including cafes, now in a handful
of stores in Spain, Japan, South Korea and China.
García
Maceiras says constant change is the key to the business staying healthy into
middle age. “This is a business in which you should take nothing for granted.”
Friday, 4 July 2025
Why 50,000 Iconic French Shirts, Intended for America, Sit in Storage
Why
50,000 Iconic French Shirts, Intended for America, Sit in Storage
Hit by
President Trump’s tariffs, the Saint James clothing factory has put its
inventory of striped shirts and sweaters intended for U.S. retailers in its
warehouse in France.
By Liz
Alderman
Photographs
and Video by Violette Franchi
Liz
Alderman, who writes about business and economics in Europe, reported from
Saint-James, France.
July 3, 2025
https://www.nytimes.com/2025/07/03/business/trump-tariffs-st-james-fashion-france.html
As fabric
spooled out of a bank of knitting machines in a flare of blue-and-white
stripes, workers at the Saint James clothing factory in France’s Normandy
region stacked them into piles and cut along patterns to make the company’s
iconic Breton sailor’s shirt, worn by celebrities and adored by fans worldwide.
Luc
Lesénécal, the company’s chief executive, surveyed an enormous workroom
splashed with a rainbow of yarns. Seamstresses had recently put the finishing
touches on 50,000 striped shirts and sweaters to fill orders for American
stores like Nordstrom and J. Crew.
But his
plans to ship for the fall retail season have been thwarted by President
Trump’s up-and-down tariff threats. Instead of loading the merchandise into
cargo planes, Mr. Lesénécal has parked his entire U.S. export in the company’s
warehouse, where it will sit until Wednesday, the deadline Mr. Trump has set
for Europe to come up with a deal or face tariffs of up to 50 percent.
“This is
yo-yo politics we’ve been dealing with,” Mr. Lesénécal said, gesturing around a
factory the size of three football fields, where 300 longtime employees turn
out 1.5 million shirts, sweaters, scarves and coats a year. “If we don’t have
visibility, we can’t move forward.”
He is not
alone. European industry has been whipsawed since Mr. Trump announced a barrage
of trade actions aimed at rewiring the global economy. America’s imposition of
10 percent tariffs on most goods from the European Union, and scattershot
threats to push the rates to 20 or 50 percent, has led companies to freeze
projects, seek exemptions and prepare to raise prices.
The European
Commission, the trade bloc’s executive branch, is working to persuade Mr. Trump
not to impose the harshest tariffs and is seeking a trade deal before the
deadline. The bloc already faces 50 percent tariffs on its steel and aluminum,
and 25 percent for cars and car parts.
“A trade war
makes both sides of the Atlantic poorer and is just stupid,” the Belgian prime
minister, Bart De Wever, said at a recent meeting of E.U. negotiators in
Brussels.
The zigzag
tariff policy, labeled “strategic uncertainty” by the U.S. Treasury secretary,
Scott Bessent, has confounded European executives. As president of a French
trade group representing businesses with a “Made in France” label, Mr.
Lesénécal now spends twice as much time as he used to dealing with tariff
issues.
When Mr.
Trump first announced that he would add an extra 20 percent tariff to goods
from the European Union on April 2, Mr. Lesénécal was bewildered.
The base
tariff on the classic Saint James sailor shirt, which costs $139, was 16.5
percent. “Our tariff jumped to 36.5 percent,” he said. “One week later it went
back down, but it was still 10 percent more than what we’d been paying.”
For now, he
is absorbing the additional 10 percent to avoid alienating the 150 American
retailers that sell his clothing. He can do that because Saint James is an
employee-held business, without shareholder pressure.
But the
prospect of higher tariffs looms, he said. The United States accounts for less
than 10 percent of Saint James’s exports, but the higher duty would be a
barrier to the U.S. market, where it has been present for 30 years.
“We don’t
want to leave the United States,” Mr. Lesénécal said, citing a loyal clientele
from Miami to Martha’s Vineyard, Mass. “Our clothing is an icon of ‘Made in
France,’ and Americans want the ‘art de vivre’ that it represents.”
Few items
are as French as the striped sailor shirts and sweaters that are made in the
Saint James factory, which sits in the shadow of the Mont-Saint-Michel abbey
near the English Channel and traces its roots back more than 130 years.
Craftsmen originally spun local wool into yarn to make fishermen’s
undergarments so tightly woven that neither water nor wind could penetrate.
In the
1950s, they evolved into rugged sailor sweaters and peacoats made for the
French Army. Saint James veered toward the public in the 1970s, emblazoning its
tops with a blue-and-white striped pattern, originally used by Napoleon III to
spot sailors who fell into the sea. The motif, copied by other retailers,
became a cult fashion item after Brigitte Bardot and Pablo Picasso wore striped
shirts everywhere. A billboard hangs on the factory floor showing Brad Pitt and
George Clooney riding a motorcycle in Saint James stripes.
As a French
heritage brand, the company could not open a factory in the United States
without losing its cachet. “That would be like trying to harvest a Bordeaux
wine in California,” Mr. Lesénécal said. “It would lose its essence.”
Recently, he
and his U.S. manager, Benjamin Auzimour, crafted a letter to American clients,
who place orders six months in advance. Should Europe’s deal with the United
States result in a tariff higher than the 10 percent Mr. Trump recently added,
the letter read, the excess would have to be borne by the retailer. “The risk
is that some of them may say consumers won’t buy at higher prices,” Mr.
Lesénécal said.
If U.S.
clients balk, he might redirect the clothing in the warehouse to other
countries, including Japan, where Saint James garments are popular — and there
is no excess tariff.
A temporary
loss of U.S. exports would not devastate the company, he said. But he has
frozen plans to open two new U.S. stores. In addition to the risk of tariffs
rising, he said, the U.S. dollar has weakened, raising his export costs.
“Maybe I’d
rather open more stores in markets where there is greater economic security,”
Mr. Lesénécal said.
The tariff
tension has a particular resonance in Saint-James, a town whose identity has
been entwined with America’s since the U.S.-led liberation of France in World
War II. Among the neat stone houses, American flags flutter alongside those of
Canada and Britain, which ousted German troops from Saint-James in July 1944.
The Brittany American Cemetery and Memorial, with more than 4,000 white crosses
commemorating fallen U.S. soldiers, is lovingly cared for by locals.
The Saint
James factory itself sits atop a World War II airfield that belonged to the
U.S. Army Air Force, marked with a warplane propeller and a plaque paying
homage to the United States. So it was surprising, said the U.S. manager, Mr.
Auzimour, to hear Mr. Trump claim that the European Union was created to
“screw” the United States.
“No one here
has forgotten what America did to secure Europe’s freedom,” he said, bowing his
head at the American cemetery. “We remember why the European Union was really
created: to prevent wars from happening again.”
Mr.
Lesénécal is hoping that the trade war will end without major economic
casualties. U.S. retailers have delayed putting in firm orders for the 2026
spring season until they have more certainty.
“I need to
order wool and cotton thread from Australia and New Zealand,” Mr. Lesénécal
said. “How can I do any of that when we don’t know what our business will be?”
“It’s a
domino effect,” he added. “We need stability.”
Liz Alderman
is the chief European business correspondent, writing about economic, social
and policy developments around Europe.
Thursday, 3 July 2025
Wednesday, 2 July 2025
Preserving the old motels on Route 66.
Vintage
Motels: America's Most Inspiring Motels Beautifully Restored With Respect For
History Hardcover – October 14, 2025
by Ellie
Seymour (Author)
Vintage
Motels explores 40 historic motels across the USA, transformed into boutique
hotels. Stunning photography and rich storytelling capture their mid-century
charm and modern revival.
A
nostalgic road trip through America’s most charming motels—revived and
reimagined. Vintage Motels showcases 40 historic motels across the USA, each
transformed into an inviting boutique hotel while honoring its past. Through
rich storytelling and stunning photography, this beautifully designed hardcover
book captures the spirit of these mid-century roadside gems. Each motel is
featured across 4 to 6 pages, with a detailed narrative (500 words) and a mix
of archival and contemporary images. Perfect for design lovers, travelers, and
history enthusiasts, Vintage Motels is an inspiring tribute to the golden age
of American road travel.
King Charles axes ‘embarrassing’ train over soaring costs
Royal train
to be retired as King Charles seeks to modernise monarchy
Palace
accounts show Treasury funding to remain at £86.3m, while duchy of Cornwall
will waive some charity rents
Rachel Hall
Mon 30 Jun
2025 22.00 BST
The royal
family’s private “royal train” will be decommissioned as part of King Charles’s
drive to modernise the monarchy and reduce costs.
The train
has been used to transport members of the royal family around Britain’s railway
network since 1840, but it has become increasingly costly to maintain and
store. Rolling stock from the 1980s would need to be updated for modern railway
networks, and two new more fuel-efficient helicopters offer a suitable
alternative.
James
Chalmers, the keeper of the privy purse, said: “The royal train, of course, has
been part of national life for many decades, loved and cared for by all those
involved. But in moving forward we must not be bound by the past.
“Just as so
many parts of the royal household’s work have been modernised and adapted to
reflect the world of today, so too the time has come to bid the fondest of
farewells as we seek to be disciplined and forward in our allocation of
funding.”
Chalmers
said a search was under way for a long-term home for the train’s historic
parts.
The annual
royal accounts for 2024-25, published on Monday, show that the sovereign grant,
which is distributed by the Treasury to fund the official duties of the royal
family, will remain at £86.3m for a fourth consecutive year.
The grant
will increase to £132m annually between 2025 and 2027. This is partly to take
advantage of record offshore windfarm profits for the crown estate, which hit
£1.1bn in the last financial year, and also to cover the remaining £100m costs
for the final two years of Buckingham Palace’s £369m, 10-year refurbishment.
The accounts
also show that royal travel costs increased by £500,000 to £4.7m and payroll
costs were up £2m to £29.9m.
There was an
increase in the number of travel journeys costing over £17,000, from 24 in
2023-24 to 43 in 2024-45, reaching a total expenditure of £2.7m. Travel costs
for the king and queen’s state visit to Samoa cost £401,000 in public money.
As part of a
sustainability drive, one of the royal Bentleys is now powered by biofuels,
with the other due to transition this year, and a move to electric vehicles is
under consideration.
Separate
accounts also published on Monday reveal that the duchy of Cornwall, which
provides Prince William with a private income of nearly £23m a year, will waive
rents for grassroots groups such as wildlife trusts and the St Petrocs
homelessness shelter, and reduce rent for local charities by 50%.
This follows
a Channel 4 Dispatches and Sunday Times investigation last November into the
prince’s duchy and the duchy of Lancaster estate, which found that the estates
had secured rental agreements worth millions of pounds with the armed forces,
the NHS and state schools.
Will Bax,
the duchy of Cornwall’s new secretary and keeper of records, said the duchy was
also looking at including schools in the community groups that would be
eligible for the rent waiver. Commercial relationships with public bodies such
as the Ministry of Defence and the Ministry of Justice will not change.
Bax said:
“It would be remiss not to address the media scrutiny the duchy has experienced
this past year. We’ve used these challenges as an opportunity to stop and
reflect. Both the duke and I are clear that we want the duchy to be world-class
in our approach to supporting people, communities and nature to flourish, and
to realise that aim we must operate and communicate in a modern, socially
minded way.
“It’s clear
we’ve entered an era of deep change, but we change not because we disrespect
our past but precisely because we do respect it.”
The accounts
show the duchy generated profits of £22.9m, down £700,000 from £23.6m in the
previous financial year.
The annual
review for the Prince of Wales omits his income, expenditure and tax payments,
a move away from the transparency implemented by Charles as the previous Prince
of Wales.
Tuesday, 1 July 2025
Palm Beach Has Never Been Richer. The Locals Aren’t Pleased.
Palm
Beach Has Never Been Richer. The Locals Aren’t Pleased.
Donald
Trump’s presidency has turned this Florida island into the nightlife
headquarters of MAGA, but the town’s old guard — much of it Republican —
doesn’t love the new vibe.
By David
Segal
Reporting
from Palm Beach, Fla.
June 22,
2025
https://www.nytimes.com/2025/06/22/business/palm-beach-trump-maga.html
behind
elaborate landscaping. To learn what belongs to whom, and how much it cost, a
guide is needed, and Dana Koch, who has been selling real estate here for 22
years, knows the area cold. He’s a veteran docent in a zoo where the creatures
are billionaires and it’s difficult to see the cages.
“Howard and
Beth Stern live here,” he said, pointing to a gate flanked by shrubbery. “This
whole place, he paid about $50 million for it years ago. Now it’s worth $200
million.”
On it goes,
an inventory of rich and famous people, a patter that rambles along, like Mr.
Koch’s car, at about 10 miles an hour. Jon Bon Jovi lives there. That’s where
Roger Ailes slipped in the shower and died. William Lauder built this, after
buying Rush Limbaugh’s place for $155 million and tearing it down.
Some homes
are identified by job (N.F.L. owner, sugar magnate) others by names, (Dr. Oz,
Tom Ford, Charles Schwab). That lot once belonged to Jeffrey Epstein, whose
place was razed. A new house is under construction, and the owners, Mr. Koch
speculates, are going to apply for a new address.
These have
been busy months for Mr. Koch, 52, who is not related to the famous Republican
donors. (“Same name, different bank account.”) Palm Beach is, of course, home
to President Trump’s private club, Mar-a-Lago. After the election in November,
there was a “Trump bump,” with $100 million worth of property on Palm Beach
going under contract in the span of a week. Late last year, the Fox News host
Sean Hannity purchased a $23.5 million mansion in nearby Manalapan, then spent
$14.9 million on an oceanfront townhouse in Palm Beach in January. (He’d
previously spent $5.3 million for a townhouse here in 2021.)
The real
surge happened later on, with sales of single-family homes rising by 67 percent
in the seven months between November and May compared with the same period last
year. This Trump-ward migration had little to do with Mr. Trump, real estate
agents say. Most of these purchases were made by people waiting for
post-election clarity about taxes, regulations and the direction of the
economy, a quadrennial phenomenon.
But for
years, Trump-adjacent celebrities and multimillionaires have been moving to the
area, one of the world’s priciest ZIP codes. Sylvester Stallone, who once
praised Mr. Trump as a “mythical character” at the America First Policy
Institute gala on the island, spent $33.5 million for an oceanfront estate in
2020. The Citadel chief executive, Ken Griffin, a onetime Trump supporter
turned critic, has reportedly spent years and $450 million snapping up 25 acres
of parcels in what’s called Billionaires Row. Construction is now underway on a
50,000-square-foot home for his mother.
But the true
economic — and cultural — impact of the second Trump administration here isn’t
in the dust of construction sites. It’s the noisy influx of young Republican
partyers, favor-seekers and pols who have altered the delicate social ecosystem
of one of the richest enclaves in the world, home to more than 50 billionaires,
according to a review of Forbes data by The Palm Beach Daily News.
The
newcomers regard Mr. Trump as a living tourist attraction and Palm Beach as his
buzzy natural habitat. They are now wedged into booths at recently opened
private clubs and joyfully cannonballing into the island’s once-placid infinity
pool.
An $85
Million Patch of Dirt
Palm Beach
is an 18-mile sliver of land off the east coast of South Florida, shaped like a
diver knifing through water, arms overhead. The start of its gilded age begins
in 1894 when a Standard Oil partner named Henry Flagler opened the Royal
Poinciana Hotel, and the area soon attracted others from his demographic who
began building luxury estates of their own. This includes La Querida, a
15,000-square-foot mansion in the Mediterranean Revival style and built by an
heir to the Wanamaker department store fortune. It was later sold to Joseph P.
Kennedy, and remained in the family when his son became president.
“It was the
original ‘Winter White House,’” said Mr. Koch, gesturing toward 1095 North
Ocean Boulevard from behind the wheel of his BMW. He describes the properties
with a mix of pride and ironic distance, a tone that says, “Sure, the numbers
are insane, but isn’t this great?”
At one
point, he drove by a single acre of undeveloped land. It looked like any other
mundane patch of earth.
“I sold this
for $85 million last year,” he said. “The dirt.”
Mr. Trump
has played a key role in these stratospheric sums, though indirectly. During
his first term, he signed the Tax Cuts and Jobs Act of 2017, which sharply
limited the amount of state and local tax that could be deducted from federal
taxes. For high-net-worth individuals, moving to a state with no state income
tax, like Florida, was suddenly an idea worth many millions of dollars. Then
came Covid.
“It’s not
just the billionaires who moved here,” said Holly Meyer Lucas, a real estate
agent in South Florida. “It’s the sons of billionaires, the daughters, the
family office staff. The ripple effect has kept prices soaring for years.”
Mr. Koch
slowed down to point out a six-bedroom house on a 10,000-square-foot plot that
was acquired for $26 million in January 2021. Five months later, it was flipped
for just under $42 million. Now it’s worth at least $60 million, he said.
It was
nearly 3 p.m. by then, and a modest bit of traffic had formed in the Royal
Poinciana Way Historic District, near a statue of Henry Flagler.
“It’s called
the ‘trade parade,’” he said of the mini snarl of vehicles. “There’s been so
much turnover on these properties that we have a very large number of
contractors and subcontractors who start leaving this time of day.”
For decades,
Palm Beach was a redoubt of old-money families, with names like Whitney and
Harriman. When Laurence Leamer, author of “Mar-a-Lago: Inside the Gates of
Power at Donald Trump’s Presidential Palace,” first arrived in Palm Beach in
the mid-1990s, he didn’t understand why so few neighbors would speak to him.
That December, he brought home a Christmas tree.
“There were
all these people in black tie, on their way to their clubs, and they thought,
‘Oh, God, so Larry isn’t Jewish after all,’” he said in a phone interview.
Everyone quickly became a lot friendlier.
A strain of
country-club antisemitism had been embedded in Palm Beach for years, many
residents say, and it surfaced, inevitably, in the country clubs. Only one, the
Palm Beach Country Club, was dominated by Jews. This quiet prejudice reached a
head in the mid-90s, when Jews began moving to the island in large numbers, to
the subdued consternation of many old-line Palm Beach residents, who wondered
why these people didn’t stick to Miami.
‘A Lot of
Name-Dropping’
Enter Donald
Trump. He’d bought Mar-a-Lago in 1985, and turned it into a membership club a
decade later. He welcomed anyone who could afford the $25,000 initiation fee.
“It became
an overwhelmingly Jewish club,” Mr. Leamer said. “The Jews didn’t want to admit
it because they didn’t want to say they belonged to Catskill South. But that’s
what it was.”
It was also,
soon enough, the hoppingest spot on the island. At the time, Mr. Trump owned
casinos and had pull with the best entertainers in the industry. Billy Joel
performed. So did Tony Bennett, Celine Dion and Rod Stewart.
“And Trump
was a wonderful host,” Mr. Leamer said. “He would stand at the door, greet
everyone. He didn’t do this to change the world. He did it to make a buck. But
who cares? The results were terrific.”
Mar-a-Lago
has evolved. After 2016, and the start of Mr. Trump’s first term, locals who
had flocked to it for a quality meal and a bit of networking found it was soon
overstuffed with people they didn’t like. Getting a reservation for dinner
became a chore. Many in the old guard quit, replaced by the new contingent,
even after the initiation fee was doubled to $200,000 in 2017.
Today, the
initiation fee is $1 million, according to Bloomberg, and the Moorish mansion
is busier than ever. Those on the inside say an evening there is a singular
delight.
“It’s a lot
of name-dropping, a lot of clout chasing. Everybody’s trying to get close to
the president and his inner circle,” said Melissa Rein Lively, founder and
chief executive of America First PR, which she describes as America’s No. 1
anti-woke public relations firm. She visits the club from South Beach Miami.
The MAGA
crowd at Mar-a-Lago and around the island is something new and, like everything
that is new in a place that has a style of its own, not exactly welcome.
“It’s like
new convertibles, fake nails, fake boobs, fake hair, fake eyes and big
jewelry,” said Celerie Kemble, an interior decorator who grew up in Palm Beach
and prefers her memories of a place all about bare feet and sand-filled cars.
“These people are dressing up to get coffee.”
The
differences are not just aesthetic. Hundreds of nonprofits descend on Palm
Beach annually for what’s known as “the season,” from late November to early
May. The calendar is jammed with opportunities to dress up and write a check.
But giving
to nonpolitical local causes, like museums and hospitals, is not a high
priority for many of Mr. Trump’s most ardent followers here, according to Mr.
Leamer. Or for Mr. Trump. While a candidate in 2016, he shut down his personal
foundation after it was revealed that he’d used money from it to settle legal
disputes against his businesses.
He’d also
spent $10,000 in foundation cash for a portrait of himself, now hanging at
Mar-a-Lago. It works in a setting where Mr. Trump gets some of his most
boisterous ovations. At dinners and galas at the club, Secret Service agents
tell guests to stay in their seats when the president walks in and please,
ladies and gentlemen, do not take any photographs.
This rarely
works.
“It’s like
you’re asking kids not to eat sugar, right?” said Andrés DePew, a 27-year-old
entrepreneur who founded a chapter of the Conservative Political Action
Conference in his native Colombia.
Mr. DePew
has posted many images of his own from Mar-a-Lago, part of an Instagram feed
crammed with parties, dinners with other young, photogenic conservatives. Clad
in Ralph Lauren and Dolce & Gabbana, he looks pensive and thrilled at the
same time. On one memorable night, he met Mike Tyson and Russell Brand (“Great
guy”) along with Michael Flynn, a former U.S. national security adviser; Bo
Loudon, an 18-year-old conservative influencer; and one of the Real Housewives
of Beverly Hills. For dinner, he likes Renato’s, an Italian restaurant that
doesn’t skimp on old-world flair. On Worth Avenue — one of the great
gold-plated retail strips in the world, with Gucci, Louis Vuitton, Bottega
Veneta and many others — he’s a fan of Maus & Hoffman, a men’s wear store
that sells an Italian hopsack blazer for $3,295.
Sales of
clothing, jewelry and everything else behind glass here were up 30 percent from
December to May compared with the same period last year, said Marianna Abbate
of the Luxury PR & Hospitality Group, which polls Worth Avenue retailers.
She said that the vast majority of the shoppers lived elsewhere, in the
relatively less well-heeled West Palm Beach, which is just across the bridge,
and points south, down I-95.
For revelers
in search of more rarefied, less politicized air, there’s the Carriage House.
It’s one of a relatively new style of private club catering to a younger
audience seeking a bit of New York City’s always-on energy. The Carriage House
doesn’t have a golf course or a beach. It’s a lunch, dinner and drinks venue
that offers a group of people “carefully curated to reflect the Club’s
sophisticated yet playful atmosphere,” as it says on the website. A membership
reportedly costs $400,000.
Meals are
extra.
Put Off, but
Not Going Anywhere
Republicans
outnumber Democrats in Palm Beach County two to one, according to data from the
Supervisor of Elections. If the resistance to the MAGA tide has a spiritual
home here, it is Leta Austin Foster & Daughters, a twee little store that
sells bedding, children’s clothing, gifts and interior design services near
Worth Avenue. In June 2020, the only person to show up at a Black Lives Matter
protest in front of Town Hall was Ms. Foster, then 80. Many retailers boarded
up their stores, braced for vandalism that never happened.
Ms. Foster’s
daughter India grew up on Palm Beach, and one recent afternoon she sat on a
staircase in the store and mused about the changes she’s seen over the years.
On the plus side, the place has gotten younger. When she moved back in 2006,
after living in San Francisco, she looked up some stats and found that less
than 1 percent of the island’s population was under 35 years old.
“Here’s a
young person,” she said to a 20ish customer, and everyone else within earshot.
“This never happened before.”
But many of
the members of Gen Z and plenty of millennials she meets grate on her. One guy
told her that he is “part of the new world order.” So as gorgeous as Palm Beach
is, India Foster isn’t sure she can handle the rightward tilt of the place for
the rest of her life. (And at least for her business, the influx of young MAGA
types has not helped the bottom line.)
Still, in
interviews with a dozen people, only one had imminent plans to move away: a
Republican.
J. Richard
Knop was sitting in the den of his home when Mr. Koch stopped by to show what
$21.9 million will now buy you on the island. (Answer: a five-bedroom,
six-and-a-half-bathroom house on a 6,500-square-foot lot, with a pool and
plenty of bougainvillea.) Mr. Knop’s life circumstances had changed, he said,
and he has moved in with his fiancée, who lives in Northern Virginia. It will
bring him closer to Washington, where he spent years as a lawyer and deal maker
in the defense industry.
Mr. Knop was
an investment banker for defense contractors, and did multimillion-dollar deals
with former employees of the Defense Department, the C.I.A. and elsewhere who’d
left government to create their own companies.
“My career
was in the swamp,” he said with a smile.
The MAGA
day-trippers notwithstanding, many Republicans here still tend to be the
variety that gets their news from The Wall Street Journal, not Newsmax. Some of
them are deeply put off by Mr. Trump’s assault on corporations, Mr. Leamer and
others said, along with his bullying of law firms, his slamming of European
allies. But they will benefit from much of the president’s agenda, like tax
cuts for the rich, and their beloved island will continue to prosper, whether
they like him or not.
“I think
this town is a little bit aghast at itself,” said Ms. Kemble, the interior
decorator. “But the fact is, everybody here is safe because of their money.”
David Segal
is a business reporter for The Times, based in New York.






