womeninbusiness
Alli Webb is an American businesswoman, entrepreneur, and writer best known for co-founding Drybar, a hairstyling service chain. Webb worked for almost ten years, between 2010 and 2019, to transform her small business, a mobile hair styling side hustle, into a well-known chain of salons that developed into an empire comprising more than 160 locations across the globe. After Helen of Troy Limited bought Drybar for roughly $255 million in 2019, Webb was recognised as a female founder and successful entrepreneur. Webb, who spoke to CNBC Make It, said she "knew my life was going to change forever....
IBTimes
CEO turnover is at an all-time high, and the small percentage of women at the top are exiting the fastest, according to Russell Reynolds Associates' most recent quarterly turnover index. This trend highlights a significant issue within corporate leadership dynamics and raises questions about the sustainability and support systems in place for female CEOs. In the first quarter of 2024, CEO appointments and departures worldwide reached a record high. There were 52 departures and 68 new appointments among corporations listed on global stock markets such as the FTSE 100 and S&P 500. A staggering 1...
IBTimes
Kelly Gordon first stepped foot on a yacht in 2007. During her first boat ride, the now-42-year-old climbed the metal ladder's rungs, walked on the deck, and instantly became addicted to the salty sea air. Reflecting on her early days, Gordon told CNBC Make It, "I didn't even know port from starboard." Despite her initial lack of experience, Gordon immersed herself in the yachting sector, honing a range of skills over 11 years while pursuing her dream of becoming a captain. Alongside her maritime training, Gordon worked full-time as an adjunct chemistry professor at Carteret Community College ...
IBTimes
Elisabeth and Gina Galvin are a mother and daughter duo who founded snacking company Stellar Snacks in 2019. The artisanal snacking empire, based on two plants in Northern Nevada, boasts pretzels and roasted nuts. The mother and daughter business is dedicated to involving the community, protecting the environment, advocating for minorities and is home to more than 170 employees. Since the company first launched, Stellar Snacks has become a certified woman-owned business, listed under the National Women Business Owners Corporation (NWBOC) and stocked in 5,000 grocery and retail supermarkets acr...
IBTimes
Melinda French Gates wrote an explosive essay on Tuesday, criticising her ex-husband, Bill Gates, known for being a serial entrepreneur and the fifth richest man in the world, for his "frustrating and shortsighted" lack of philanthropic support for women's rights. After she unexpectedly left the Bill and Melinda Gates Foundation last month for a hefty price of $12.5 billion, French Gates announced that her new organisation would provide $1 billion to projects that support women, families and reproductive rights over the next two years. What's more, French Gates went on to blame her former husb...
IBTimes
Kamakshi Agarwala ditched her plans to pursue a master's degree in finance for a vision: To empower women through fashion and fitness, and launch an inclusive lingerie line. With this dream, Butt-Chique boutique was born. Agarwala founded Butt-Chique in 2020 after she recognised a gap in the activewear market - a lack of options that were both stylish and functional for women of diverse body types. The lingerie brand, which has attracted more than 90,000 followers on social media today, was born out of Agarwala's passion for fitness and fashion. "I wanted to break all the norms, I wanted equal...
IBTimes
An analysis conducted by the Trades Union Congress (TUC) shows a disturbing trend: A record number of women have been forced out of work due to long-term sickness. The study highlighted that there has been a 48% or 503,000 increase of inactive women in the work force due to long-term sickness over the last five years, totaling to 1.54 million – the highest number since records began. Among the leading causes based on lengthy NHS waiting lists are musculoskeletal issues, particularly neck and back pain, which affects 126,000 women. This news comes after Prime Minister Rishi Sunak vowed to stop ...
IBTimes
In entrepreneurship, Africa emerges as a global standout region, boasting gender parity in self-employment and entrepreneurial pursuits, as noted by Toni Weis, a financial specialist at the World Bank's Gender Innovation Lab. This achievement is particularly noteworthy when juxtaposed with neighbouring regions like the Middle East and North Africa. However, despite this progress, African women encounter significant challenges that impede their entrepreneurial success. Honorine Kadio, a networks and telecoms engineer for Orange in Côte d'Ivoire, sheds light on the pervasive issue of women losin...
IBTimes
Based on a review of roughly 1,800 US cities, women earn more than men in 42, according to a new GoBankingRates report that used data from the Census Bureau. The study analysed the median yearly incomes of men and women in cities with 20,000 or more residents. In Washington, the capital city, government employment has a more transparent pay process and a better gender pay parity between workers. While there is still a difference in pay between the sexes in the US, uniquely, there are also many cities with gender parity and higher wages for women. In the United States, women typically earn 84 c...
IBTimes
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
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