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21 Nov

Farfetch CEO José Neves on Following His Luxury North Star

by Beautifaire101
Beauty, Featured
Farfetch CEO José Neves on Following His Luxury North Star
Farfetch has hit something of a soft patch — and is on the outs with investors, again — but José Neves said the platform continues to be very much within the sweet spot of luxury growth and technology. “We doubled this business within the last three years, so we grew greater than some other online luxury company or etailer,” Neves, who's founder, chairman and chief executive officer, told WWD in an interview. “Nobody doubled. Even probably the most successful brands haven’t doubled.”  But Wall Street is a really what-have-you-done-for-me-lately crowd and shares of Farfetch fell 11.3 percent to $8.11 on Friday after the corporate’s third-quarter gross merchandise volume slipped 4.9 percent to $967.4 million (a 4.2 percent increase in constant currencies) as...
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14 Oct

‘It Could Occur To Any Of Us’: This CEO

by Beauty Tips
Nails, Featured
‘It Could Occur To Any Of Us’: This CEO
40% of Americans are one paycheck away from being homeless. If that’s hard so that you can picture, you’re not alone. Katrina Bostick, who began her profession in social work, had seen her fair proportion of human tragedy and yet she still didn’t realize how close she was to the homelessness epidemic. “Like lots of us, I had a particular picture in my head once I heard the term homeless,” Bostick said. “The pictures are devastating—people living in underpasses, sleeping on sidewalks and the like.” For this reason perception, she said she mostly focused on helping other groups that needed assistance other than those that were houseless while completing field work for her master’s degree. But with the...
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27 Sep

Off The Clock With Mented Cosmetics, Co-Founder and CEO,

by Beauty Tips
Makeup, Featured
Off The Clock With Mented Cosmetics, Co-Founder and CEO,
We’ve often heard from founders that running a business could be a 24-hour experience. Still, recently, lots of us are denouncing hustle culture for a balance of our own. As women who wear multiple hats, how we spend each moment of the day matters. For Black women, time is precious, but often we forget that the time we spend outside of constructing our empires is just as necessary. On this ESSENCE.com series, we’ll get the news on how a few of your favorite entrepreneurs and executives are spending day without work the clock to refuel, recenter and to recollect their north stars. Meet KJ Miller, Co-Founder and CEO, Mented Cosmetics, Philadelphia, 35 In 2017, KJ Miller and her graduate school classmate Amanda E....
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26 Sep

CEO Claire Spofford on Bringing J. Jill Out of

by Beautifaire101
Beauty, Featured
CEO Claire Spofford on Bringing J. Jill Out of
J. Jill is escaping the retail mire. While most retailers grapple with bloated inventories, succumb to massive markdowns, and feel increasingly nervous about Christmas, J. Jill is keeping its cool. The specialty retailer catering to middle-aged and older women has inventories above last yr, though under relative control, and moved into the black last quarter when it posted record adjusted EBITDA and better margins. J. Jill isn’t about to be lured into what’s sure to be one other promotionally charged holiday season. Having a business with a reasonably even balance of sales volume quarter to quarter makes for a “less stressful” holiday season, executives contend. The main target stays on selling at full-price “premium” casual merchandise appropriate for on the job and after-hours....
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