🪞 “Mirror, no Mirror?” — Aritzia’s mirrorless fashion. Nobel’s Creative Destruction prize. Strava’s Garmin lawsuit. +Failure Day

The Best One Yet

Nick & Jack Studios

News, Business

4.7 • 9.5K Ratings

🗓️ 14 October 2025

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Canada’s Aritzia is now as valuable as The Gap or Levi’s… But it’s doing it with mirrorless dressing rooms.

Strava sued Garmin as the running app preps to IPO… It’s social networks vs. satellite networks.

The Nobel Prize in Economics goes to “Creative Destruction”... so we read the paper from the 3 professors.

Plus, it’s International Day of Failure… which we epically failed at.

$ATZAF $GRMN

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Transcript

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0:00.0	This is Nick. This is Jack. It's Tuesday, T-Boy Tuesday, October 14th. And today's pot is the best one yet of this is a T-boy. The top three pop business news stories you need to know today.
0:13.0	And he's welcome back to America's favorite business show. Jack, what do you say? Should we hit our three stories? They're so good. For our first story, it's the fastest growing fashion retailer in
0:22.3	America, and it's from Canada. Yeah, it's Eritzia. Hey, Eritzia's clothing is thriving right now,
0:29.5	even though their dressing rooms have zero mirrors. For our second story, Strava just announced
0:35.1	it's interviewing banks for its IPO, but first, it is suing
0:38.8	Garmin. I'm sorry, Jack, two fitness tracking companies in a lawsuit. That's a cardio
0:43.1	clash in the courtroom, baby. And our third and final story is the Nobel Prize in Economics.
0:48.8	It just got awarded to three professors for their work on creative destruction.
0:54.2	Ah, creative destruction. It sounds scary, but it's the reason your income is a hundred
0:59.2	times more than your great, great granddaddies. But yet is before we hit that wonderful
1:03.7	mix of stories. Like we said, love the mix for T-boy Tuesday, Jack. Today's pod is actually
1:09.8	the worst one yet. Bessie, this ain't a T-boy, it's a T-Way. Because today is the International Day of Failure. Yes, it is. True story. A full 24 hours focused on failing. In Finland, Failure Day? It's a national holiday. The Finns celebrate a whole day of doing the wrong thing. But here, it's just a podcast intro. Yes, it is, yeah. Our government doesn't recognize Failure Day. Yes. Yet he's Lord Bratman, a listener to the show, first told us about this wonderful Finnish tradition years ago. Now it is an annual T-Boy tradition. And we recently interviewed the founder of Waymo, who told us that failure is the fuel of success.
1:47.2	Failure is the fuel for future success. So we commend the Finns for encouraging opening up about
1:53.2	failure, not just success. Because for every fundraise, there were also 100 fundraise fails.
1:58.8	So yeties, if a chatbot stole your big idea today?
2:01.6	Yeah, that's fine.
2:02.6	If you sold your Nvidia stock back in 2019...
2:05.6	Don't worry about it, it's cool.
2:07.6	If you were the one who redesigned the Cracker Barrel logo...
2:09.6	Oh, don't worry.
2:11.6	All is forgiven today.
2:13.6	In fact, Nick and I made the biggest failure day fail of all.
	...

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