mr. d'angelo: in retail? oliver: right. mr. lo: in joe's jeans, you see companies managing brands, optimizing a disillusioned that works for each of those brands. scarlet: and they're not tied to one company, one bread in particular. joe d'angelo, thank you for joining us. mr. d'angelo: thank you. oliver: coming up on bloomberg markets, an explosion of unicorn startups has many investors thinking their billion-dollar plus valuations. is it a sign of a bubble, something worse? we will explore in today's quick take. ♪ scarlet: you are watching bloomberg. i am scarlet fu. oliver: and i am oliver renick. this is your global business report. newlet: the doors to the shanghai theme park cap finally opened. emissionolkswagen's scandal might be in the rear, but the automakers struggled to shift gears and accelerated growth. oliver: in today's quick take, the rise and fall of unicorns, and the hurdles ahead as valuations did below the coveted billion-dollar mark. flagyl banks held policymaking zen all held off on any change. thomas that'