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It’s finally here, Rihanna’s Savage X Fenty is set to open its very own retail stores. On Friday, Jan. 7, Rihanna announced in a tweet that the $1 billion lingerie brand will expand to include brick-and-mortar stores starting with a handful of cities in the U.S. 2022, we coming in HOT! we bout to bring you a whole new #SavageXFenty experience with the launch of our brick-and-mortar retail stores! pic.twitter.com/KbAI937ZBx — Rihanna (@rihanna) January 7, 2022 “2022, we coming in HOT! We bout to bring you a whole new #SavageXFenty experience with the launch of brick-and-mortar retail stores,” the singer wrote in a tweet accompanied by an exclusive mockup of the upcoming store.
Jan 7, 2022
From a college dorm to the world’s largest retailer, Hylux founder Lamar Letts is making major moves for his brand. Back in 2016, Letts pivoted from participating in sports to pursuing entrepreneurship as a college student who launched his own vitamin-enhanced water brand. After introducing his brand onto Amazon earlier this year, the millennial founder’s products have now made their way onto Walmart.com — making Letts one of the youngest founders to have products sold nationwide via the world’s largest retailer. After his heart injury — known as myocarditis — put an end to his track career, Letts found a way to recover and persevere as a student entrepreneur at Northeastern University. Through Hylux, he was able to fill a void in the food and beverage space for sports drinks and give athletes a drink they can depend on. According to him, growing up with a family with roots in the food industry is what influenced him to want to create something revolutionary at the intersection of...
Jul 22, 2021
Camille Rose — one of the largest Black-owned hair-care brands in the U.S. today — is not new to mass retail partnerships, as it has existing relationships with retailers like Target, Sally Beauty, CVS, and more. After being in business for over 10 years, Camille Rose has announced today that it has scored its most distinguished partnership deal to date with Ulta Beauty, launching in both physical U.S. stores and online, according to Glossy. Retail Brew reports that after becoming the most-requested brand from Ulta shoppers, the retailer reached out to form the new partnership. “Ulta will heighten our awareness and provide a different consumer, one who may be more ingrained in the beauty experience,” founder Janell Stephens told the outlet. The news of this new partnership arrives after Ulta announced a grand diversity plan to do a bigger push behind Black-owned beauty brands and double the amount of brands stocked at its store locations. Similar to the retailer’s action plan, we’ve...
Apr 12, 2021
Power couple Ciara and Russell Wilson are flexing their entrepreneurial skills yet again with a new business venture that’s merging fashion and philanthropy together. Today, the Grammy-winning singer and star NFL quarterback announced their latest business project called The House of LR&C, a retail concept that focuses on merging the couple’s philanthropic commitments with their interest in the fashion world, VOGUE reports. The fashion house is meant to be home to several brands in the near future including Wilson’s existing men’s apparel line, Good Man Brand, but is reportedly starting with sustainable streetwear line, Human Nation. According to VOGUE, the brand ties in a give back component with the Wilsons’ Why Not You Foundation to engage its consumers, which is expected to be a common thread among its future brand partners. Through this newly-launched enterprise, the Wilsons aim to democratize the fashion industry for young people while also inspiring them to get involved in...
Dec 1, 2020
The beauty industry is not exempt when it comes to diversity. Due to consumers’ demand for more inclusivity stores are offering more brands to provide a more accurate reflection of their shoppers. Retail company Nordstrom has announced the unveiling of its “An Inclusive Beauty” category for both in-store and online after the request for more Black-owned and founded brands. “We heard from our customers that they are looking for Black founded brands as well as beauty products created for everyone’s needs no matter their skin or hair type, tone, complexion, or texture, said Autumne West, Nordstrom’s national beauty director, in an interview with BLACK ENTERPRISE . “We worked to broaden our assortment based on this customer feedback.” Their new category has been able to propel numerous Black-owned businesses which include Afro-Dominican entrepreneur Lulu Cordero with Bomba Curls. “They appreciated the fact that Bomba Curls is a brand on a mission to broaden the spectrum of beauty and...
Oct 30, 2020
August is set aside to help shed light on Black ownership and encourage others to support Black-owned businesses. This month marks the fifteenth anniversary of the holiday, National Black Business Month , which was started by Frederick E. Jordan and John William Templeton in 2004 . However, supporting Black-owned businesses can be difficult if you don’t know where they are. We’ve rounded up a list of five apps or websites that will help direct you to Black-owned businesses. From restaurants to hair care, there’s a little bit of something for everybody. 1. EatOkra (iOS and Android) If you’re in the mood for food, consider checking out EatOkra. Founded by Anthony and Janique Edwards in 2016, this app helps you locate Black-owned restaurants in 35 different cities, including Washington, D.C., Philadelphia, Minneapolis, Chicago, and more. Don’t get offended if you log on and notice that a beloved Black restaurant from your city is missing. EatOkra relies on users to help direct it to...
Feb 26, 2020
Atlanta has become one of the fastest-growing startup scenes in the country. According to a report by the CBRE Group , the city has one of the most competitive tech markets in the country and is ranked in the Top 10 Tech cities list. Founders from around the country are bringing their ideas to the burgeoning technology scene for a chance to be the next Jeff Bezos or Steve Jobs. The city is also home to the $100 billion home improvement retailer, The Home Depot. The brand and its internal technology team are blazing a trail into the technology field one hire at a time. In 2018, the company kicked off a three-year strategic plan with an $11.1 billion investment in the company. The plan includes seamlessly connecting the customer experience in-store and online, creating an industry-best supply chain, and speeding up the checkout process for customers. An internal and external upgrade in technology was needed for the company to meet these goals. As part of the initiative, the company...
Oct 2, 2019
Target Retail Accelerator and Techstars are teaming up for another year to help startup companies in retail. The program is usually US based, but this year it’s going international. Target will be working with METRO, a Germany-based wholesale company, to conduct a 14-week program for founders abroad. Each startup in the program receives $120,000 and will split time between Germany and Minneapolis. Target and METRO are sharing the cost of the investments for the companies. The first three weeks of the program will take place in Berlin and the following three weeks will be in Minneapolis. Founders can choose which location to work from for the remaining weeks of the accelerator. The program is from May until August and application are due February 24. For more on how to apply check out the application here.
Feb 6, 2019
Starting July 9, 2018, Paula Price will serve as Macy’s, Inc. Chief Financial Officer. Price succeeds Karen Hoguet, who plans to retire at the end of the 2018 fiscal year. Before this upcoming role, Price has had 30 years of experience in finance roles, especially in retail and consumer-facing business. She currently lectures full-time at Harvard Business School in the accounting and management department. In her new role as CFO, Price will be leading finance, accounting, investor relations and internal audit functions, according to Business Wire . The role will be based in New York. After obtaining an M.B.A. in finance and strategy from the University of Chicago, a bachelor’s degree in accounting from DePaul, and being certified as a public accountant, she held roles as chief financial officer of Ahold USA, senior vice president, controller and chief accounting officer for CVS Caremark Corporation and even senior-level roles at companies such as JPMorgan Chase, Diageo, Kraft Foods...
May 31, 2018