conglomerates are working in howard davidowitz's world. and is a creative business, this guy knows how -- it is all about taste, it is not about math. and his lawyers this guy is running in, it is going to continue to work. tom: vonnie, is in the louis vuitton store in new york a threat to society? vonnie: [laughs] that is for sure. yesterday we did nike "ne ekee" or whatever it was. vonnie: also, makeup and beauty, you cannot forget about that. what about when private equity gets involved? does private equity in the space know what it is doing? howard: that is a really great question here at what private equity knows how to do is get in and get the hell out in five years. the beauty business is on fire, because moneys business is really good to those are really good businesses. you've got private equity looking to alter -- you have got a lot of growth in those businesses. macy's just acquired a cosmetics company. there is a lot of growth there, so look ahead in private equity, wherever they go, there will be massive bankruptcies and massiv

we'll hear about that from howard davidowitz.with us , in a gorgeous, warm new york city. dow futures up 69. stay with us. "bloomberg surveillance." ♪ tom: good morning, everyone. surveillance." it is really something out there. it is an out of body experience, the elevation of temperatures. right now, first word news with vonnie quinn. vonnie: a human rights group says russia could be guilty of war crimes in syria. amnesty international says russian airstrikes have killed hundreds of civilians. holmes, mosques, and medical facilities have been destroyed. migrant worker was found alive in the rubble of the huge china landslide or than the hours after the disaster. shenzhenlide sunday in buried nearly 70 buildings. robert durst will face a murder charge in los angeles. he has been in a new orleans jail on a weapons charge since march. prosecutors say he killed a policewho was helping investigate the disappearance of his wife. a new zealand court world that the megaupload founder had a case to answer. fox business network says it w