No matter how you skin it, Paris is one of the smartest business women of the 21st Century. Even though the NY Times took a bite of her last month for not having “developed” enough as a pop cultural entity, i.e. she has been playing the same game for the better part of the last decade. Although this is a fair point, it is also fair to say that she has been playing it well. Here is her latest spread for V Magazine, but Daniele and Iango, with an interview by Derek Blasberg.