Nothing could be more business-like than the construction of the stout dams, and nothing more gently rural than the limpid lakes, with the grand old forest trees marshalled round their margins like a veteran army that had marched down to drink, only to be stricken motionless at the water’s edge.

Private-equity nabobs bristle at being dubbed mere financiers.[…]Much of their pleading is public-relations bluster. Clever financial ploys are what have made billionaires of the industry’s veterans. “Operational improvement” in a portfolio company has often meant little more than promising colossal bonuses to sitting chief executives if they meet ambitious growth targets. That model is still prevalent today.

The label has often collaborated with other designers, like Australian shoemaker Teva and American woolwear veteran Pendleton.

Veteran

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