womeninbusiness
According to the Government of Canada, the COVID-19 pandemic led to a surge in new business creation, with over 1,100 new businesses established in 2020. "Many of these businesses didn't look like traditional small firms," the Committee on Small Business said in a statement. "As the pandemic drove commerce online, these new enterprises were primarily concentrated in the non-store, online retail sector... Young entrepreneurs dealt with a tough job market by pivoting towards entrepreneurship to develop businesses and products to serve their communities." Cate Basic is among those who left their ...
IBTimes
Philanthropist Melinda French Gates announced Monday she was leaving the nonprofit foundation she established with her ex-husband Bill Gates -- an organization that has become one of the most influential in the world. The announcement from the 59-year-old French Gates comes three years after her divorce from the 68-year-old Microsoft co-founder. Under the agreement between the former power couple, French Gates -- whose resignation will take effect on June 7 -- will receive $12.5 billion for use on her philanthropic efforts "on behalf of women and families." "After careful thought and reflectio...
IBTimes
A new study by finance advice platform Stephen Eve Financial Planning found that more than four million British employees are happier in companies with female founders. The study, which examined the Glassdoor ratings of the UK's 40 fastest-growing companies, found that 13% of the UK workforce, equivalent to 4.1 million people, reported a better work-life balance in female-led businesses. The findings not only analysed Glassdoor ratings that referenced a work-life balance, but the study also considered diversity and inclusion, career progression and workplace culture. Of the 40 fastest-growing ...
IBTimes
The media industry has recently been debated due to its lack of diversity. According to a report by the Sutton Trust, only 0.02% of journalists are Black, and 80% of top editors attended private schools. However, a new journalism school in the UK aims to tackle this issue by teaching children from diverse backgrounds the skills they need to thrive in the industry. The Cocoa School of Journalism and Creative Arts is the brainchild of Serlina Boyd and her daughter Faith. The community has reportedly received the school well, with fifty enrolments for two courses since opening its doors on April ...
IBTimes
Japan Airlines has appointed its first female president and CEO, Mitsuko Tottori. The historic appointment of Mitsuko Tottori as the first female president and CEO of Japan Airlines is a beacon of hope, marking the first time in seven decades that a woman has led the flight company. Hiring Tottori as the newest CEO has also boosted Japan Airlines to the list of Japanese companies led by women, less than one per cent. Unlike most business leaders, Tottori is new to the corporate sector and has climbed the ranks since her career as a cabin crew member. Tottori, now aged 59, started working for J...
IBTimes
Basma Hameed is the CEO of Basma Hameed Clinic, home to an elite team of professionals internationally recognised for their ground-breaking scar camouflage work. When she was just two years old, Hameed suffered an accident that left her with third-degree burns. While the toddler received treatment at the hospital, Hameed was told that her face would be visibly scarred for the rest of her life. "As you can imagine, growing up was very challenging. I couldn't walk into a room without people staring at my face. This resulted in me turning to makeup at an early age, and what started as a simple fa...
IBTimes
According to new research by Bloomberg, two European countries have zero female CEOs listed. The study highlighted which nations on the continent lack female representation, and it named Ireland and Luxembourg as the two countries without female business leaders. The controversial findings came as a reminder to boost women's roles in business. They exposed that Europe has a long way to go until women have equal opportunities in high-earning jobs. "Only two European Union states have no women leading any of its listed companies, said Bloomberg Researchers Olivia Fletcher and Jonas Ekblom. "Almo...
IBTimes
Cassey Ho, a renowned pilates and fitness instructor, made her mark in the fitness industry with the launch of her Blogilates YouTube channel in 2009. With a staggering nine million subscribers and the establishment of two eight-figure fitness brands, Ho's journey is a testament to her entrepreneurial prowess. In a TikTok post, Ho shares her experience as an entrepreneur working in a toxic environment: "Four years ago, the toxicity in our office became so unbearable that I was scared to walk into my office." "No one tells you that the most painful thing about being an entrepreneur isn't that y...
IBTimes
The manual labour sector is notorious for lacking female workers, who comprise less than two per cent of the hands-on industry worldwide. While women account for 47 per cent of all employed persons globally, according to a 2023 report published by the Bureau of Labour Statistics, women in manual roles make up just 1.25 per cent of the workforce. The National Online Manpower Information Service report also confirms that, as of last year, less than five per cent of international on-the-ground workers executing manual labour positions, which includes careers in electrics, plumbing, carpentry, eng...
IBTimes
The Sports Bra is gearing up to expand and franchise after Reddit co-founder Alexis Ohanian was announced as the company's first-ever investor. The Sports Bra, a pioneering establishment, was the first of its kind to exclusively showcase women's sports when it debuted in Portland in April 2022. The 776 Foundation, led by Ohanian, is set to significantly bolster the expansion of The Sports Bra. Moreover, any returns on investment will be directed towards the advancement of girls' and women's sports, further amplifying the impact of this investment. On his decision to invest in the women's sport...
IBTimes
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