Good morning, Broadsheet readers! Two women are leading JPMorgan's acquisition of First Republic, FIFA is threatening to not stream the Women's World Cup in some of Europe's biggest markets, and Michelle Pfeiffer is bringing transparency to the fragrance industry. Happy Wednesday!
- Scent of success. In a beauty industry oversaturated with celebrity-backed brands, having a founder who is passionate about the product—and not simply slapping their name on a line—is critical to standing out. Among the current crop of famous founders, almost no one is as knowledgeable about their product as Michelle Pfeiffer.
