Craft

• France counts no less than 1,500 of them, equivalent to an area of 500 km2, or 5 times the size of Paris.
• 72% of spending by French households takes place within them, according to the country’s economy ministry.
• If that is to happen, we French people will have to learn to look at what are now often commercial ghettos under a new light.

“Ugly France”: a subjective perspective

• First used in the pages of the cultural magazine Télérama in 2010, the expression encapsulates the forms that urban spread takes: road infrastructure, commercial zones and housing developments.
• Never mind that a third of the population resides in these districts, in a mosaic of different socio-economic classes and diverse and changing living arrangements.
• The sheer number of ads in all forms in the central areas of the capital constitute the perfect example.
• Artists, and photographers in particular, have produced much work that can enable us to appreciate this aspect of commercial zones.

When artistic production meets town planning

• The fascination of photographers for suburban spaces first manifested itself during the Photographic Project of DATAR (Interministerial Delegation for Urban Planning and Regional Attractivity).
• DATAR was created in 1963 with the aim of documenting the national politics of urban planning.
• In 1984, Bernard Latarjet and François Hers founded the project in order to “represent the French landscape of the 1980s” and to “recreate a culture of landscapes”.

New stories

• Initiated by the Forum Vies Mobiles (a mobility research unit), “The lives we lead” seeks to capture the diversity of contemporary ways of life in France.
• The photography series capture stories, following individuals from all backgrounds, in different regions.
• Far from simply documenting, the project focuses on narration, featuring the inhabitants of suburban zones with vivid evocative power.

The aesthetic of contrast

• They are animated by nostalgia, off-beat humour, or are inspired by cinematic influences.
• Commercial zones become stories, and their visual qualities, full of contrasts, are sublimated by the art.
• “Hexagone : le paysage fabriqué” de Jurgen Nefzger montre des paysages périurbains dotés points de repères et de monumentalité.
• Her series ‘Hyperlife’ reveal the social relationships that play out on the carpark of the Intermarché supermarket of Saint-Erme (Hauts-de-France).

• Brown-Forman Corporation (NYSE: BFA, BFB) announced that its Board of Directors has approved a $400 million share repurchase authorization, commencing October 2, 2023, through October 1, 2024, subject to market and other conditions.
• This share repurchase program does not obligate the company to repurchase a minimum number of shares of Class A or Class B common stock, and this share repurchase program may be modified, suspended, or terminated by the company at any time without prior notice.
• We always strive to deliver leading shareholder returns and believe this buyback authorization provides us the necessary flexibility to repurchase our shares when the market presents the right opportunity."
• Important Information on Forward-Looking Statements:
  This press release contains statements, estimates, and projections that are “forward-looking statements” as defined under U.S. federal securities laws, including statements regarding the company’s planned share repurchase program.

• Saluda Grade , a private alternative real estate advisory and asset management firm, announced today a successful exit for a portfolio company in Saluda Grade Ventures (SGV), its growth equity investment management business.
• SGV, through its Saluda Grade Alternative Lending & Fintech Growth Fund I LP & Saluda Grade Alternative Lending & Fintech Growth Fund II LP had invested equity capital into Spring EQ to fuel its growth in the home equity debt origination sector.
• Saluda Grade has developed a strong relationship with mortgage entrepreneur Jerry Schiano, Spring EQ’s chief executive.
• The sale of Spring EQ to an affiliate of Cerberus Capital Management, L.P. represents Mr. Schiano’s third successful monetization of a platform he launched and subsequently scaled into an attractive acquisition target.

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