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Ken Fulk: “I dress every day – and have been doing it since I was a kid”

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My personal style signifier is a bow tie or tie. I dress every day – and have been doing it since I was a kid – and a tie is a great way to add a stylish or playful touch. I have a thousand in my collection and I often make them in vintage fabric, but I also like a preppy Ralph lauren tie that’s all about classic American style.

The Fulk Bow Tie Collection © Brian Flaherty

The last thing I bought and loved was a pair of jeans from Respoke, a company that turns vintage and new silk scarves – Hermès, Pucci, Gucci – into unique clothing and accessories. This particular pair of jeans has Hermès silk sewn into the sides at the outer seam, and there are unique hand-painted details as well. Every piece they make – from bobs to sneakers – is unique, which I love. respoke.com

And on my wishlist is a Hinckley picnic boat. They are made of Burmese teak with beautiful shiny and contrasting navy blue and white hulls. This boat comes straight from the Italian Riviera, except it is made in Maine. I would love to have one with us in Provincetown, Cape Cod. hinckleyyachts.com

The entrance to his house

The entrance to his house © Brian Flaherty

Books in the living room;  at the top is the Masters of Fashion illustration by David Downton

Books in the living room; at the top is Masters of Fashion Illustration by David Downton © Brian Flaherty

The best memories I took home are ashtrays – so old fashioned but often wonderfully designed. I have a huge collection of them over the years, but I’m always sure to ask before I take them. I particularly like the ones in the big hotels in Europe – my ashtray at the Savoy in Rome is a particular highlight.

My favorite room in my house is my living room, aka “the tree house”. Built in 1959, this hall has 9-meter-high barrel-ribbed ceilings, almost like a boat. It is made of unfinished redwood, which gives it that wonderful smell, and since the house is in a park-like setting. [San Francisco’s Clarendon Heights], you don’t feel like you’re in a city at all.

Fulk in his living room

Fulk in his living room © Brian Flaherty

The podcast I listen to is Bring a friend with Anne Devereux-Mills, Adimika Arthur and Arielle Fuller. They host a group of smart and interesting women who discuss a range of issues from different angles. I was a recent guest – the second man in the series; US Senator Cory Booker was the first – and learned so much. I’m also obsessed with Ira Glass stories on This American life.

A recent “find” is summer tomato sandwiches on potato buns with mayonnaise of Pop + Dutch in Provincetown. They are only available for a few weeks each year and they are beyond delicious.

A vintage portrait in the office

A vintage portrait in the office © Brian Flaherty

Fulk's study overlooks Japanese-style rockery
Fulk’s office overlooks a Japanese-style rockery © Brian Flaherty
Foulques's bathroom
Fulk’s bathroom © Brian Flaherty

My grooming guru is Doyle Lavarias, who gives me precision haircuts every three weeks. I’m obsessed with a great haircut and he always delivers – whether it’s in his individual shop or at my house. My wellness guru isn’t really mine, but I’m pretty dependent on Peloton instructor Cody Rigsby. I’m addicted to Peloton in large part because his classes are so fun and it feels like a personal relationship. Doyle Lavarias, 1135 Ellis Street # A103, San Francisco, CA (+1 1408-876 7187). Cody Rigsby, @codyrigsby

The last music I downloaded was Sing for me instead by Ben Platt. i loved her in Dear Evan Hansen on Broadway and this debut album is just as beautiful because her voice is so emotional.

Fulk in his dressing room

Fulk in his dressing room © Brian Flaherty

The design that changed everything for me was the home of Thomas Jefferson Monticello in Charlottesville, Virginia. It’s close to where I grew up – I went there a few times as a kid and it had a huge impact on my own design sensibility. It’s a neoclassical building, rooted in the past, and yet it still feels very modern.

In my fridge you will always find oat milk for my morning coffee and fractions of Ruinart rosé champagne for the guests. If you are offered champagne, never refuse – that’s what they say. I also always have some really good pickles and an assortment of jams. I’m obsessed with jam, and I usually have four kinds of Bonne Maman: cherry, blueberry, apricot, and raspberry.

The best gift I have given recently is a glorious painting called Nocturnal by artist Salvatore del Deo to my husband Kurt for his birthday. We’re big fans of 93-year-old Sal – so much so that we named our dog after him – and this particular landscape features spectacular sea and skies, just after sunset. I generally like to give experiences, but art brings a continuous joy that will endure.

The master bedroom, with its vintage dog portrait
The master bedroom, with its vintage dog portrait © Brian Flaherty
His vintage Rolex - a recent gift

His vintage Rolex – a recent gift © Brian Flaherty

And the best gift I received recently is a vintage Rolex in its original case from the year of my birth. A friend gave me this classic stainless steel watch as a thank you during the pandemic and it was so thoughtful and unexpected which made it even more special. It’s simple and practical – not flashy at all – so it’s perfect for me.

I recently rediscovered the Canasta card game and the card game in general. I like the social but competitive aspects of this particular game. The cards are old world, tech-free, and fun.

The gadget that I couldn’t do without is a juicer for fresh lime juice that I use to make margaritas. They are available in fun colors and this is just a simple old fashioned hand press – no electricity.

The best book I read last year is a first signed edition of Edgar Sawtelle’s story by David Wroblewski. I actually re-read this book because it’s a great Herculean read and I really wanted to enjoy it. It is the story of a dumb boy, his mythical dogs and his maturity in nature. It’s heroic and it was even better the second time around.

Libraries in the office
Bookcases in the office © Brian Flaherty
Cartier de Foulques bracelet

Cartier de Fulk bracelet © Brian Flaherty

An object that I will never part with is a silver bracelet on my wrist that my husband gave me on our first wedding anniversary almost 30 years ago. It’s very simple, with just a light gold ribbon. The other thing I wouldn’t part with is a platinum Cartier Love bracelet that I’ve been wearing for 17 years.

An indulgence that I would never give up is extravagant hotels. I’m a hotel junkie and I subscribe to the theory that the best room really matters. A beautifully designed hotel changes your whole outlook on a place. I would also have a hard time giving up the cashmere sweaters from Leret-Leret and Lingua Franca, embroidered to measure with symbols or clever sayings.

I have a collection of over 200 pairs of cufflinks. My dad gave me his collection and it blossomed from there. I have originals, stylish sets – and a pair of Playboy bunnies from the 1960s. My favorite is an eye-catching set of Fornasetti. I only wear vintage cufflinks, never new.

The Fulk cufflink collection

Fulk cufflink collection © Brian Flaherty

His Thom Browne blazer

His Thom Browne blazer © Brian Flaherty

The last item of clothing I added to my wardrobe was a Thom Browne rowing style blazer with green and cream stripes. It has frayed edges and a slightly deconstructed look.

The grooming staple that I never deprive myself of is Kiehl’s Ultimate Brushless White Eagle shaving cream. It contains menthol, which is mildly numbing, and if it were ever to be stopped I would buy it wholesale as it is vital to my daily routine. $ 18, kiehls.com

My favorite apps are Dark sky for the weather because I always travel, and 1stDibs because it allows me to buy very specific pieces – like a Jean Royère screen – wherever I am in the world. It is essential for my work.

The only artist whose work I would collect if I could is David Hockney. I love landscape and portraiture and he masters both, not to mention the breadth and length of his career. There is an optimism and joy in his art – especially in his beautiful swimming pools – which I would love to live with.

Fulk in the entrance of his house
Fulk in the entrance of his house © Brian Flaherty

My style icon is Gianni Agnelli – I love this Italian sensitivity and confidence. Cary Grant was also incredibly easygoing. I’m not the streetwear type, so I like their style of dress. Tom Ford once said that you shouldn’t wear soft-soled shoes when dressed, and I tend to agree. Watching together is important to me.

If I didn’t do what I do I would be a film director. Everything I do in my work is cinematic and every project starts with a script. Bringing things to life, in color, would be a natural extension of my design work.

The place I can’t wait to return is Villa Feltrinelli on Lake Garda in northern Italy. This is an extravagant and quirky family hotel that makes you feel like you are nowhere else. A gorgeous Riva boat takes you for lunch or a swim, and while you’re not looking, someone comes out to give you a towel you didn’t expect.



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New targeted support for creative workers and organizations

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Creative workers and Victorian organizations will have access to new financial support to help them meet the challenges of the pandemic and allow them to plan for a future reopening.

Arena theater company. Image James Henry


The $ 15 million package announced today will support some of the hardest hit parts of the state’s creative sector.

Individual creative workers and micro-businesses can apply for funding to develop new work, undertake professional development, and reach new audiences through a new $ 5 million round of the Sustaining Creative Workers initiative.

One-time grants of $ 5,000 will be available for creative practitioners, including independent traders and freelancers, and grants of up to $ 10,000 are available for collectives, micro-organizations and businesses. This cycle of the program will be offered in partnership with organizations from the creative industry.

Last year, the Sustaining Creative Workers initiative awarded 771 grants totaling $ 4.7 million to keep creatives working during the extended lockdown. The recipients ranged from contemporary musicians and performers to filmmakers and fashion designers.

Up to $ 10 million will target heavily impacted Victorian creative organizations of national significance, including those identified under Creative Victoria’s current Creative Ventures program and Creative Ventures program, and organizations within the framework of national performing arts partnership.

This will include key festivals, performing arts companies and others, ensuring that they can continue to operate and employ workers and plan a path for recovery as restrictions ease and conditions for commercial operations resume.

This funding recognizes the essential role these organizations play in the state’s creative ecosystem; providing jobs, facilitating work and serving as creative spaces and workplaces.

The government also announced the latest grant recipients under three Creative Victoria programs. Total funding of $ 3.1 million helps hundreds of artists, creative workers and organizations continue to generate new work, develop their skills and grow their businesses in a COVIDSafe way.

More details on the Sustaining Creative Workers initiative and how to apply will be available soon here.


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Global Functional Workwear Market Expected To Generate $ 749.3 Million In Revenue By The End Of 2026

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As the Covid-19 pandemic continues to hammer global supply chains, the functional workwear market is on a downtrend. International customers are postponing orders due to lockdowns in all countries and are looking for deep discounts. Retailers have responded to the Covid-19 pandemic with their doors closed. A variety of major retailers and brands have announced their temporary shutdowns in the United States in recent days. However, several countries have viewed the proper functioning of clothing and uniform facilities as a separate issue, which should bode well for the global demand for functional work clothing. Several hospitals today are demanding the continuous upgrading of functional workwear in the ongoing fight against the global pandemic due to which the global functional workwear market is expected to grow at a CAGR of over 3.5% as of today. during the forecast period (2020-2030)

For detailed information on improving your product’s footprint, request a sample here https://www.factmr.com/connectus/sample?flag=S&rep_id=338

Functional work clothing with protective features to drive market growth

The global functional workwear market is booming with the rapid adoption of functional workwear in manufacturing, industry and service sectors and is expected to reach a valuation of over US $ 49 billion as of today. during the forecast period. Companies identify the adoption of functional work clothing according to the demands of the profession. In addition, the demand for functional work clothing with protective elements that provide resistance to heat, sun, snow and wind continues to increase in the manufacturing sector.

An avant-garde combination of practical work clothes and stylish work clothes among the working population would improve the health and safety of the global workforce from harm. It is expected to boost the overall revenue generation in the global functional workwear industry in the near future.

For critical information on this market, request a methodology here https://www.factmr.com/connectus/sample?flag=RM&rep_id=338

Functional workwear market: segmentation

Fact MR’s study segmented the functional workwear market on the basis of product type, material type, demographics, end use, sales channel, and region.

type of product
  • Trousers
  • Jackets
  • Shorts & Skirts
  • Bib & Suspenders
  • T-shirts
  • Shirts
  • Belts and Straps
material type
  • Synthetic materials
  • Mixed materials
  • Natural materials
Demography
End use
  • Manufacturing
  • Construction
  • Mines and agriculture
  • Health care
  • Services
  • Internal security and defense

For In-Depth Competitive Analysis Buy Now – https://www.factmr.com/checkout/338

The report also introduced the major players in the global functional workwear market, which will remain active until 2026. These include companies such as VF Corporation, Fristads Kansas AB, Aramark, Rentokil Initial Plc., Engelbert Strauss GmbH & Co. KG, Ansell Limited, Carhartt, Inc., Sioen Industries NV, Lakeland Industries, Inc., Delta Plus Group, Duluth Holdings Inc., Superior Uniform Group, Inc., Mascot International A / S, Jonsson Workwear (Pty ) Ltd and Alsico NV.

Read more trend reports and the like from Fact.MR – https://www.globenewswire.com/en/news-release/2019/07/18/1884617/0/en/Airsoft-Guns-Market-Continues- to-See -Hegemony-of-electrical-variants-as-preference-for-selective-fire-capabilities-Prevails-Fact-MR-Study.html

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The publication The Global Functional Workwear Market Expected to Generate $ 749.3 Million in Revenue by the End of 2026 appeared first on The Swiss Times.

United States Watch Market (Digital, Analog, Fitness) Competition Forecast and Opportunity, 2027 – ResearchAndMarkets.com |

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DUBLIN – (BUSINESS WIRE) – October 8, 2021–

The “watch market in the United States, by product type (digital watch, analog watch and fitness watch), by end user (man, woman, unisex), by distribution channel (offline and online), by region, competition forecast and opportunity, 2027 “has been added to ResearchAndMarkets.com’s offering.

The watch market in the United States was worth $ 13.62 billion in 2020 and is expected to exceed $ 17.80 billion by 2026, due to favorable economic conditions, increased female workforce, the continuing evolution of fashion trends and the changing tastes and preferences of consumers.

Wearing a watch is a form of self-expression that reflects style and personality. Today, most of the people who wear watches wear them as an accessory, that is, a piece of jewelry that enhances style and appearance. In addition, the increase in disposable income and the affordability of many brands make them a popular fashion choice.

This is the other key factor, which is expected to boost US watch sales during the forecast period. On top of that, a beautiful watch dramatically improves the appearance and suits the clothes that individuals wear, and this is perhaps the most common reason why individuals prefer to wear a watch.

However, the changing fashion industry increasingly focused on health and fitness across the country are the major driving factors for the watch market in the United States during the forecast period. The demand for watches is increasing at a steady rate due to the growing consumer awareness of healthy and fit lifestyles. Many smartwatches include attributes that have been helpful to sports enthusiasts.

The US watch market is divided into the following segments such as by product type, end user, distribution channel, region and company. In terms of product type, the US watch market is divided into digital watch, analog watch, and fitness watch.

Of these, the digital watch segment dominated the US watch market with a market share of around 42% in 2020. Fitness watches were the fastest growing segment among all types. of products due to increasing consumer health awareness.

Based on the end user segment, the US watch market is segmented into men, women and unisex. Of these, the female segment accounted for the majority of the watch market share in the United States due to the increase in female labor force and changing lifestyle.

Some of the major players operating in the US watch market are Apple Inc., Fitbit, Inc., Fossil Group, Inc., Garmin Ltd., The Swatch Group (US) Inc., Movado Group, Inc, Citizen Watch Company of America, Inc., Huawei Technologies Co. Ltd, Casio America Inc., Seiko Corporation of America.

To stay competitive in the market, companies are constantly launching new products, adopting different marketing strategies and getting involved in other strategic alliances. Today, the majority of brands are at the forefront of innovation, ensuring that all of their watches offer a distinctive blend of tradition, elegance and performance.

Big brands like Fossil, which bought Misfit in 2015, a wearable technology company, have helped Fossil develop a scalable cloud and applications platform. This has helped the company to offer both traditional watches and fashion related accessories.

In 2020, Apple released the Apple Watch Series 6, which offers features such as blood oxygen monitoring for general fitness and well-being, ECG, elevated heart rate notifications, and low and irregular heartbeat notifications.

Scope of the report:

Years considered for this report:

  • Historical years: 2016-2019
  • Baseline year: 2020
  • Estimated year: 2021E
  • Forecast period: 2022F-2026F

Watch Market in United States, by Product Type:

  • Digital watch
  • Analogue watch
  • Fitness watch

Watch Market in USA, By End User:

Watch market in the United States, by distribution channel:

United States Watch Market, Market, By Region:

  • South
  • Where is
  • Midwest
  • Northeast

Competitive landscape

Company Profiles: Detailed analysis of the major companies operating in the United States Watch market.

  • Apple Inc.
  • Fitbit Inc.
  • Fossil Group, Inc.
  • Garmin Ltd.
  • The Swatch Group (United States) Inc.
  • Movado Group, Inc
  • Citizen Watch Company of America, Inc.
  • Huawei Technologies Co. Ltd
  • Casio America Inc.
  • Seiko Corporation of America

For more information on this report, visit https://www.researchandmarkets.com/r/w2p53

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211008005316/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Director

[email protected]

For EST office hours, call 1-917-300-0470

For USA / CAN call toll free 1-800-526-8630

For GMT office hours, call + 353-1-416-8900

KEYWORD: UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ELECTRONIC TECHNOLOGY RETAIL FASHION RETAIL SPECIALTY

SOURCE: Research and markets

Copyright Business Wire 2021.

PUB: 08/10/2021 10:10 am / DISC: 08/10/2021 10:11 am

http://www.businesswire.com/news/home/20211008005316/en


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Detroit, female doctor, mom launches the opulence of a luxury wine label

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Starting a wine or spirits label is no easy task, especially for a black woman with no previous experience or connections in the beverage industry. But Dr. LaToya Thompson tapped into his passion for science to launch Opulence.

Its luxury label consists of a Cabernet and Pinot Grigio, made from produce that Thompson handpicked on a trip to Napa Valley for the perfect pairings between the grapes. The new label makes Rochester’s sports physiotherapist an anomaly: although women make up 57% of wine buyers, they make up just 28% of winegrowers nationwide. Black wineries and brands are poorly represented, accounting for about a tenth of 1%. Despite these numbers, Thompson found the design process to completion more difficult than she expected.

“I hadn’t realized how much of a process it would be,” says Thompson, mother of three. Obtaining a state winemaker’s license took two years. “And it was difficult to find a distributor, as a new brand. I noticed that when I put my husband’s name on the email, even though I put ‘Dr. Thompson’ on it, I would get a response. I thought, ‘Is it because I’m a woman, or a black woman, that I’m having trouble?’ I think it was. ”She has found success with Great Lakes Wine and Spirits.

Like many, Thompson took to wine sipping it at social events. But her scientific training has always interested her in the journey from grape to glass. “The more I looked, the more time I spent looking at stuff.” She read a lot, took wine lessons and studied food and wine pairing until her husband, a businessman, pointed out to her that they should be making money, not spending so much, on wine. . “You really know this stuff,” he told her.

When it came to naming her brand, Thompson wanted drinkers to feel like they were having a luxurious experience, something she says is difficult for African Americans to comfortably embrace.

“Wine is sometimes associated with wealth. Some people think we shouldn’t be in this space, ”she said. “We often avoid the beautiful things. I think we deserve and should have beautiful things.

As the first black woman in the Detroit metro to own a luxury wine brand, she also wants to inspire others. That’s why it was only fitting that she launched her brand at House of Pure Wine in Detroit on Thursday night. Regina Gaines, owner of the downtown Detroit wine store, helped put Thompson in touch with the right people. The 3,100 square foot space was filled Thursday night with a trendy ensemble – mostly blacks and many women – as Opulence Wine sold out.

Opulence wines

Napa Valley Cabernet 2018
Lingering flavors of plum, black currant, currant with a hint of herbs and ends with firm tannins

2019 Lodi pinot grigio
Primary fruit flavors of white nectarine, pear, green apple and lime. It takes light honeyed notes; Floral aromas of honeysuckle with refreshing acidity.

Both are sold at ML Spirits in Birmingham and A-Star Convenience in Rochester Hills and on the Opulence wine website.


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New parent company: American Achievement Corporation and Iconic Group are now Balfour & Co. | Texas

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DALLAS, October 7, 2021 / PRNewswire / – For more than a century, American Achievement Corporation has provided products that mark special moments and achievements in people’s lives. Now, with a new owner, the company has solid financial stability, capital for product and technical innovation, as well as investments to help develop the family of brands. The new parent company name, Balfour & Co., sets the bar high for the industry with digital and traditional product innovation helping students and their families celebrate the most meaningful moments in their lives. Following new owners and several mergers, Balfour & Co. is one of the largest start-up service companies for schools, students and parents. The company operates throughout North America with around 5,000 team members.

Building on the longevity and solid foundation of the company’s largest brand, Balfour, the new company name Balfour & Co., unites all seven brands into one company and replaces the old parent company names American Achievement and Iconic Group. As a one-stop-shop, Balfour & Co. will provide the highest quality custom classy jewelry, yearbooks, graduation caps and dresses, debut photographs, announcements and apparel to the industry.

As announced in March, the group of investors – led by a subsidiary of Cerberus Capital Management, LP (“Cerberus”) – became the majority shareholder of the company. A recent significant investment from its new owners has positioned Balfour & Co. not only for financial stability, but also for a successful long-term growth strategy. This additional capital investment was in addition to its new line of credit from new owners. Due to the recent strong performance, this capital is not currently in use but is available for key investments in the future such as its ongoing digital reinvention, production innovation, a new manufacturing facility, the operational excellence and strategic acquisitions to drive long-term growth.

Chief Executive Officer Ryan Esko assumed his role in March 2021 and works with the leadership team to build a very strong but agile organization. Esko has a proven track record, leading consumer, fashion and retail companies to record sales, customer satisfaction and profits. In addition to its current management team, the company recently hired a new COO Dean Coulson, vice president of training and deployment Rachelle aikens, Vice President of Ecommerce and Product Merchandising Natasha Bacon, and Chief Information Officer Aravind Kashyap, to add to his team. Balfour & Co. also plans to hire additional talent in all aspects of its corporate operations to invest in its strategic plans.

“Bringing together our various businesses under a single company name (Balfour & Co.) is part of our strategy of teamwork and excellence for our customers on a daily basis. The additional investment from our new owners gives us the fuel to deliver excellence, to innovate further and to launch our next phase of growth, ”said Esko.

In addition to the large injection of capital, Balfour & Co. exceeded the sales and profit budget for fiscal 2021. “We are very grateful to our loyal customers, schools, employees and product representatives for their support and their unwavering confidence in us, “Esko says. With this major investment in the brand, Balfour & Co. plans to be there for them for the long haul.

For more information visit www.balfour.com.

About Balfour & Co.

Formerly known as the American Achievement Corporation and Iconic Group, Balfour & Co. is one of the largest startup services companies leading the industry in digital product innovation by helping students and their families to celebrate the most significant moments of their lives. Operating under the Balfour®, GraduateImages®, Photo University®, Gaspard®, ArtSculpted®, KeepSake® and Taylor Publishing Company®, the company provides personalized products such as jewelry and class clothing, yearbooks, graduation caps and dresses, ad products and photographs through digital marketing technology, personal deliveries to the school and personalized school assortments. To find out more visit Balfour.com, the destination of graduation products, and GradImages.com, the industry’s largest startup photography platform.

About Cerbère

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $ 50 billion in assets through complementary credit, private equity and real estate strategies. We invest across the entire capital structure where our integrated investment platforms and proprietary operating capabilities create an advantage to improve performance and generate long-term value. Our permanent teams have experience of working collaboratively across asset classes, sectors and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and our platforms, visit us at www.cerberus.com.

CONTACT:

Maru Acosta

561-705-0528

[email protected]

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-parent-company-american-achievement-corporation-and-iconic-group-are-now-balfour–co-301395414.html

SOURCE Balfour & Co.

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Is sportswear positioned to pursue a long-term winning streak? – RetailWire

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07 Oct 2021

The Bank of America (BofA) has identified five “megatrends” – some accelerated by the pandemic – representing favorable winds for the growth of athletic clothing and footwear in the years to come: health and wellness, women’s sport participation , hybrid work models, affordable luxury and durability.

Health and wellness – it’s a healthier new world: BofA cited a number of surveys over the past year indicating that people in many parts of the world are placing greater importance on their health due to the experience of the pandemic. Sports participation has also been stimulated. Government-led programs, including China’s recently announced five-year mass fitness program, are also expected to boost activity levels.

Female sports participation – she moves: Women’s participation in sports remains low. The 2021 report of the Erasmus Sport ICOACHKIDS project found that only 20% of girls in Europe played major sports compared to 80% of boys. Growth factors include continued efforts around gender equality, federal programs to promote women’s participation, and increased awareness of the health and self-image benefits of sport, especially for girls.

Hybrid working models – ditching shoes for sneakers: After the pandemic, WFH (work from home), which changed attitudes towards office clothing, is expected to be more common. According to a survey by Office Group in the UK, 68% of respondents said they dressed less formally when working from home in 2020, while 24% said they wore sportswear.

Sportswear as affordable luxury – the street meets fantasy: Luxury brands are embracing streetwear culture through collaborations with sportswear brands, raising buyers’ price expectations. BofA wrote: “Collaborative releases are often limited, which we believe builds brand warmth, especially among the younger generations. “

Sustainable product lines – from trash cans to sneakers: The number of sustainable references offered by sports brands increased on average by 58% between 2017 and 2020, according to a McKinsey study. BofA wrote: “We believe that sustainability is an emerging driver of brand differentiation and warmth, which resonates particularly with the younger generations who are most aware of the environmental impact.

DISCUSSION QUESTIONS: Do you think the growth of sportswear will overtake the overall categories of clothing and footwear in the years to come? Which drivers of the pre- and post-pandemic categories do you consider to be the most important?

Braintrust

“Sportswear is inherently more flexible than other types of clothing, so it has more room to grow.”

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At Paris Fashion Week, Ghanaian entrepreneur Roberta Annan launches € 100 million impact fund to invest in Africa’s creative industries

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Ghanaian businesswoman and entrepreneur Roberta Annan earlier this week launched a € 100 million fund to channel investments in African small and medium-sized creative and fashion businesses. The Impact Fund for African Creatives (IFFAC) will award grants of up to € 50,000 to selected projects to accelerate the development of the continent’s creative sector.

The fund was launched during a ceremony held on Monday, October 4, 2021, during Paris Fashion Week, in the presence of experts from the fashion industry. Chinelo Anohu, Senior Director of the Africa Investment Forum, was also present. The African Investment Forum, a flagship initiative of the African Development Bank, aims to channel investments to Africa.

Annan, who also founded the African Fashion Foundation, said that in addition to the grants, IFFAC will make an additional € 250,000-2 million in venture capital available to African entrepreneurs who complete their career. skills building program. “I have met so many amazing talent across the continent, such originality and innovation,” Annan said. “But I also noticed a lack of management skills, infrastructure and start-up capital needed to scale these creative ventures. This is the motivation behind IFFAC.”

Anohu said the Africa Investment Forum is in talks with IFFAC as it organizes projects that will feature at its upcoming AIF 2021 Market Days to be held in Abidjan, Cote d’Ivoire, from December 1 to 3.

“I applaud IFFAC for its plans to bring an early stage deployment of capital, as well as a structured training and mentoring program for artists and entrepreneurs like Nigerian designer Kenneth Ize,” said Anohu . “For all those investors in this room, who believe, like me, in the commercialization potential of Africa’s creative genius exports, I invite you to contact the Africa Investment Forum.”

Ize, a beneficiary of the Impact Fund program, also attended the launch, after becoming the first African to open Paris Fashion Week last week.

Africa’s creative industry is an increasingly important part of the investment mix for the future of the African economy; The Forum’s 2021 Market Days will feature agreements from the creative and cultural sector from across the continent, including film and television, as well as projects led by women, among other sectors.

While in Paris, Anohu also met European investors, including institutional investors, who are actively interested in the African creative industry, as well as other key priority sectors as part of the Forum. Unified response to Covid-19 pillars. These sectors include technology, renewable energy and agribusiness.

About the African Investment Forum

The Africa Investment Forum is a multi-stakeholder and multidisciplinary platform that advances private and public-private partnership projects towards bankability, mobilizes capital and accelerates transactions to financial close. A flagship initiative of the African Development Bank, the Forum was launched in 2018 with seven other founding partners: Africa 50; the African Finance Corporation; the African Import-Export Bank; the Development Bank of Southern Africa; the Bank of Commerce and Development; the European Investment Bank; and the Islamic Development Bank.


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Dolce and Gabbana’s luxury fashion NFT collection sets record and auction for over $ 6 million

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Italian luxury fashion brand Dolce & Gabbana (D&G) set a new record by selling non-fungible tokens (NFTs), worth around $ 6 million (around Rs. 44.8 crore). The famous fashion brand recently announced that it has auctioned off a collection of nine fashion-related NFT pieces, as well as real couture for 1,885.719 Ether, which works out to $ 6.6 million (around Rs . 50 crores). The high-end D&G pieces in this Collezione Genesi collection have been recreated as an NFT in the virtual world by UNXD, a curated marketplace for digital luxury and culture.

According to an NYT report, the Collezione Genesi collection is called the most complex fashion NFT ever created and offered in the metaverse. Of the nine D&G couture pieces, five were auctioned in their physical form as well as as digital NFTs.

These included gold and silver versions of The Dress from a Dream, as well as an embellished emerald green colored men’s suit called The Glass Suit and two gold-plated silver crowns set with gemstones – The Lion Crown and The Doge Crown. These are named after places in Venice, and have nothing to do with Dogecoin, until you ask.

The remaining four pieces in the collection were digital NFTs only, which included three intricately embroidered men’s jackets and The Impossible Tiara. The UNXD created these NFTs using the Polygon blockchain, replicating sketches by D&G designers – Domenico Dolce and Stefano Gabbana.

D&G’s official page has teased millions of its followers with glimpses of these weird elements on Twitter.

Calling the auction, “the most successful digital fashion drop of all time,” the fashion brand promised that more such NFT collections would also be released in the future.

The Doge’s Crown emerged as the highest bidder. The opulent NFT headdress with seven blue sapphires and 142 diamonds was purchased by Red DAO for 423.50 Ether, or $ 1.25 million (around Rs. Nine crore) at the time of the auction. However, after a significant increase in the value of Ether in recent days, 423.50 Ether on Thursday, September 7 is equivalent to $ 1.52 million (approximately Rs. 11 crore).


Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting Founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.



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3D body scanning startup Bodd tackles $ 950 billion problem for fashion retailers

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Tech startup Bodd is expanding the distribution of its Australian 3D body scanning and sizing technology to global markets and is looking for investors to support its unique idea.

Bodd uses data from 3D scans to create better retail experiences for consumers and brands in the fashion, uniforms, gym and drugstore industries. A 60-second non-intrusive scanner, made in Australia by Bosch, captures all of the data needed to create a bodily “passport”.

It allows businesses, provided the owner has given them permission to use the data, to make tailor-made offers ranging from clothing to product recommendations and personalized health results.

The Melbourne-based startup is looking to raise additional capital to strengthen its team and gain a foothold in the markets of North America, Europe and Southeast Asia.

Bodd CEO and co-founder Rob Fisher said supporting local manufacturing is a key focus for the company.

“We are incredibly proud of our data software and scanning technology. We have received significant support from Australian universities and research centers, especially UTS Sydney, which demonstrates the immense talent and capabilities we have here at home, ”he said.

“We have very good clients who are invested in local support. Stewart and Heaton is a leader in uniforms for local fire and protection services here in Australia, outfitting hundreds of thousands a year. Thread Group Australia, as another example, is a promising uniform manufacturer that designs and manufactures Australian-made, ethically-sourced uniforms and only works with companies that follow socially and environmentally responsible practices – a huge tick for we.

The Bodd scanner in action.

Bodd Co-Founder and CTO Dave McLaughlin said sustainability is just as important and the company’s goal is to create the world’s largest usable body scan dataset to solve problems. durability such as returns due to incorrect sizing.

“Sizing returns cost e-commerce clothing retailers $ 500 billion in returns and in-store retailers $ 450 billion,” he said.

“We know that our product can go a long way in reducing returns, helping to solve the global and systemic problem of fashion waste, with less returned and destroyed clothes. “

Bodd has hired accounting and consulting firm William Buck to lead his next capital raise as he seeks to go global.

Fisher said William Buck has helped them achieve substantial business maturity over the past 18 months.

“We have appointed a North American and European distributor and we are ready to enter global markets with our unmatched Australian product,” he said.

William Buck’s director of business consulting, Tony Hood, said Bodd’s product offers significant opportunities for long-term revenue growth.

“Some of the first companies to deploy Bodd’s scanners have achieved exceptional results, which is a testament to the company’s international potential,” he said.

“Uniform companies working with Bodd have, in some cases, achieved a 200% ROI, while fashion brands have seen their in-store conversion rates double. The backing and backing of an exceptional partner in Bosch is yet another indication of Bodd’s enormous potential.

In Melbourne, Bodd’s product has helped properly fit over 2,000 bespoke suits, including for AFL stars Mason Cox and Melbourne Demons captain Max Gawn, who won in 2021.


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