Monthly Archives: March 2017

Fabletics Continues to Grow

Fabletics is succeeding where other fashion brands have failed. With Amazon controlling over 20 percent of the fashion e-commerce market, it’s nearly impossible for another company to thrive. Fortunately, Kate Hudson’s Fabletics is doing just that. In the three years since its launch, Fabletics has grown into a $250 million business.

Fabletics has essentially corned the market on the ‘activewear’ movement. Before Fabletics was launched, the founders wanted to create a place where customers could find high-value activewear that was also affordable. To achieve this, Fabletics uses a subscription mechanic that interacts directly with customers. The overall goal is to provide members with inspirational brands that push the individual’s fashion comfort zone.

In today’s markets, having a good product at a good price no longer guarantees success. Consumers prefer brands that go the extra mile for them. So things like customer experience and brand recognition outweigh price and quality in the consumer’s purchase decision. Basically, it’s customer-first-culture that defines high-value brands.

Like other successful e-commerce businesses, Fabletics has moved onto opening physical stores. Currently, Fabletics has sixteen stores in major cities all over the country. But successfully operating these physical stores into today’s world is not easy.

Many shoppers use a technique known as “showrooming.” People only browse stores’ inventory but then buy the same items they saw in the store somewhere else for cheaper. To solve the showrooming problem, Fabletics introduced “reverse showrooming.” Reverse showrooming is a strategy that enables Fabletics to build relationships with visitors and members alike.

The hope is that by having events and other activities open to the public, the Fabletics stores will be able to get to know the local markets better. As a result, most of the people that visit the physical stores are already Fabletics members, and about one-fourth of visitors will become members that day.

For anyone looking to exploring whether or not they’d like to become members, there are plenty of online reviews that offer non-sponsored opinions about Fabletics. One such review complemented Fabletics on the quality of its products.

Most brands that offer low priced brands tend to be made from lower quality materials. In comparison, the quality of the products that Fabletics offers is actually pretty good. For example, the quality of the leggings actually rivals those of Lululemon Underwunders. The leggings are thick, so there’s no possibility of see through problems, and they hold their compression over time.

Another real-life shocker, the styles on Fabletics is amazing. There is a much wider variety of styles than one would think. Fabletics has everything from simple tank tops to cut-out and sheer fabrics. Fabletics has something for everyone.

The biggest surprise of Fabletics is pricing. Whereas other high-value brands products range in the $80 to $100 range, Fabletics products are in the $40 to $50 range. For the same amount of money spent on 1 pair of Lululemon leggings, Fabletics members can get 2 pairs of leggings.

AHBE Seek Justice for a Breach of Contract from Insurance Company

The former ownership group of Atlanta Hawks Basketball and Entertainment LLC filed a lawsuit against an insurance company. The New Hampshire Insurance Company breached the contract that involves the settlement of claims that were made by the former general manager of the company, Danny Ferry.

AHBE means the former Hawks ownership group. It includes Bruce Levenson as the controlling partner. The lawsuit involved the AHBE but excluded the current Hawks ownership group, which is led by Tony Ressler, the principal owner.

Ferry and Hawks reached an undisclosed agreement worth $18 million contract in 2012. After two days, the Ressler group got an approval for the sale of Atlanta Hawks Basketball and Entertainment LLC.

The Lawsuit

In September, AHBE filed a lawsuit in the Superior Court of Fulton County against the insurance company described as AIG. The lawsuit entailed a civil action for bad insurance faith and a breach of contract. AHBE claimed that it was insured under a policy that covered losses related to employment practices was not limited to acts like “Workplace Torts” and “Wrongful Termination.”

Based on the court’s document, the lawsuit cited that the confidential limits of liability and policy were adequate to act on the claims of AHBE. Furthermore, the litigation cited that AIG had refused to acknowledge the activation of the policy.

Based on the lawsuit, AIG had denied paying for the covered losses without justification in bad faith. The representative firm for AHBE cited that the complaint should speak for itself. The lawsuit is seeking an extra 50 percent fine of the unpaid loss and the lawyer’s fees.

Bruce Levenson

Bruce Levenson is the previous owner of Atlanta Hawks LLC, reveals ESPN. He collaborated with Ed Peskowitz to establish United Communication Group (UCG) in 1977. Bruce, according to PR Newswire, has exhibited philanthropic acts to the Hoop Dreams Foundation and Community Foundation of Washington, D.C. Additionally, Bruce has acquired a Bachelor degree in Arts from Washington University and a J.D. from American University.

Read More; http://time.com/3296175/bruce-levenson-atlanta-hawks-racist-email-kareem-abdul-jabbar/

Sawyer Howitt Money

There are many people who are struggling with their finances to get to the next level. If you want to take things to a new place in your business, learning from the best is one of the best things that you can do. Sawyer Howitt is a great example of someone who has accomplished things at a high level in business. Not only is he great at what he does, but he is also looking to take things to the next level in a variety of ways. There are a lot of people who are excited about the changes that are starting to take place in this area. Not only that, but investing in your business is a great way for you to understand how to add value to your life in the future. A successful business is one that can work on its own without capital or without your input.

Connect with Sawyer Howitt on LinkedIn to learn more about his educational and career background.

Related: http://www.r2sports.com/website/media-report.asp?TID=13700&UID=230192&resultsOption=byPlayer&reportType=results

Don Ressler: Fashion Meets Forward Business

As health consciousness and personal fitness continue to to rise, most individuals have struggled to find the appropriate attire to reflect their healthy lifestyle on latimes.com. Whether its grab-and-go clothing designed to keep you comfortable or trendy new yoga apparel, the huge gap in stylish workout clothing has sparked a huge interest in those seeking valuable fitness apparel.

Global entrepreneur, Don Ressler noticed this huge gap and decided to help take action. Don decided to invest in a fast growing fitness apparel clothing brand idea. Titled Fabletics, this newly designed clothing brand works effectively to produce comfortable clothing for the everyday fitness folks.

The Fabletics brand was originally an idea sparked by Kate Hudson. Combining fabulously created garments and workout gear together, the Fabletics name has since grown into a mega brand. Dominating both the fashion industry and the athletic world, Kate Hudson and Don Ressler managed to create an unique and innovative brand unlike any other.

Read more: New Sizes for JustFab

Don found his love for athletics in college. Staying physically
fit became a weekly regimen for him and his wife. The entrepreneur has since grown to become one of America’s most wise businessmen.

Don Ressler has helped create and co-found some of the most notable brands on the market today. Specializing in ECommerce and strategic marketing matters and planning, Don is slowly revolutionizing the ECommerce industry. JustFab, Intelligent Beauty, TechStyle Fashion Group and a host of other businesses have thrived under the direct guidance of Don Ressler.

The businessman has worked with some of the most influential and notable names in the entertainment industry on Pando. From Kimora Lee Simmons to Kate Hudson, Don has built reputable brands with the most iconic and fashion forward names in the industry. His experience in technology and marketing has helped carry his business in uncharted territory.

Maximizing opportunities in all markets, Don has helped Kate Hudson and the Fabletics brand greatly increase their revenue. Fabletics has expanded from strictly online sales. The company now operates an estimated 16 stores throughout the country.

With last year total sales tripling, Fabletics is expected to
surpass its competitors. As the brand grows, Fabletics and Don strive to stay true to their passion. Providing fabulous clothes for reasonable prices and promoting a healthy lifestyle is the core of Fabletics. This belief is also the centerfold behind the creative minds of the company.

Dallas Based Investment Firm Highland Capital

The Dallas based investment firm Highland Capital Management has established itself as one of the leading financial services companies in the world. With offices in areas such as New York City, Sao Paulo Brazil, Seoul South Korea and Singapore, the firm has been able to establish a considerable presence internationally. The firm offers a wide range of financial services that help numerous investors more efficiently manage their assets. One of the things that has set Highland Capital Management apart from other investment firms is its offering of collateralized loan obligations. This has been available to help numerous investors better manage debt and credit. Highland Capital Management is one of the leading investment firms when it comes to managing credit based securities. As a result, it is one of the most diversified and versatile financial services companies around.

 

When Highland Capital Management first began, it was founded as a life insurance company. Therefore, it was a firm that offered a specific type of financial services. It was co founded by financial professionals James Dondero and Mark Okada. These two individuals were very experienced in managing credit based assets as well as insurance. As a result, they looked to build a company that complemented their expertise as well as meeting a common need among consumers. During the first few years of the firm’s existence, it looked to expand and begin offering a wider range of financial services to its growing client base. Therefore, the firm would begin looking for ways to become more versatile to remain competitive.

 

By the year 1993, the firm expanded to offer a number of new financial services to its current and prospective clients. It began offering things such as asset management, wealth management, hedge funds, private equity securities and also financial advisory. With this wide range of services, the firm was able to help its clients in a number of different ways. It also allowed the firm to grow and further establish itself as one of the most comprehensive financial services firms in the nation. In the year 1996, the firm began offering a new option known as collateralized loan obligations which allowed it to become the first company to offer them. This allowed the firm to establish itself as the leading credit management investment firm in the nation. The firm would name itself Highland Capital Management in 1997. It continues to provide a wide range of financial services to a number of different clients such as corporations, pension fund investors and government entities.