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From Duchess to Founder and Investor: Meghan Markle Enters a New Era

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Meghan Markle is investing in the following chapter of her life. While rumors swirl about her anticipated lifestyle launch, the Duchess of Sussex is devoting her time and resources to investing in other brands. Since publicly announcing her relationship with Prince Harry, Markle has been living in the worldwide highlight. While that focus has led to scrutiny and harassment, it has also helped the previous Suits actress find latest ways to advocate and amplify causes.

In addition to her advocacy for mental health and combating cyberbullying, Markle has used her platform to promote emerging designers and small businesses. After seeing the overwhelming attention her sartorial selections were receiving, the duchess realized that one of the vital powerful things she could do was wear the brand’s product when making public appearances.

“At a time when I know the global spotlight is on and every detail of what I can or can’t wear is important to me, I support designers who I have really close friendships with and smaller, emerging brands that haven’t gotten the attention they deserve,” she said New York Timesexplaining how seeing brands gain traction after being featured on her has affected her. “(It) changed everything in terms of how I looked at putting an outfit together.”

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Markle recently announced an investment in certainly one of the numerous brands she likes to wear, the women-owned artisan handbag brand Cesta Collective. She joined the brand as an equity investor and strategic partner, and Cesta Collective is now a part of her growing portfolio of women-owned businesses she supports.

“Courtney and Erin (founders of Cesta Collective) have a really amazing and strategic business. The quality of the brand’s products, the supply chain, the ethical standards and practices — those are all things I consider before making an investment,” she said in a press release shared with theGrio. “Cesta really helped me understand how many women have been touched and uplifted by their work. That was incredibly important to me. Erin and Courtney have such a great lineage in fashion and have created beautiful products that are just as effective at helping so many others. That was something I could get behind and support.”

“Investing in them helped me prepare for the chapter where I invest in myself,” added the Duchess of Sussex.

Backing about five to 10 brands, Markle describes her approach to enterprise capital as a “dolphin tank” relatively than the common, cutthroat energy seen on “Shark Tank.” The welcoming environment Markle creates round her investment aligns not only together with her personal brand, but additionally together with her upcoming lifestyle brand.

As theGrio previously reported, the Duchess of Sussex has been teasing a future lifestyle brand called American Riviera Orchard. Earlier this yr, she unveiled a website and Instagram account under the brand’s name after filing an official trademark application, which lists food, tableware, cutlery, cookbooks and recipe books, coffee and tea sets, tableware, chargers, napkins, card holders, drinkware, table linens, placemats, kitchen and table linens, and more.

While the duchess hasn’t shared many details with the general public, she did give her friends, including clothier Tracy Robbins and photographer Delfina Blaquier, an exclusive have a look at her brand’s products.

“Meghan thinks the name American Riviera Orchard is perfect. It feels authentic to her (and) will reflect everything she loves — family, cooking, entertaining and home decor,” the source previously shared. “She’s excited about her latest personal venture. It’s something she’s wanted to do for a while. She’s excited to share her style and the things she loves.”

This article was originally published on : thegrio.com
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Business and Finance

Mary’s Pizza Shack Files for Bankruptcy Protection

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A California pizza chain has filed for bankruptcy protection, nevertheless it’s not closing its doors. Mary’s Pizza Shack has been operating for 65 years, but notified its customers that the corporate had filed for bankruptcy.

The company assures customers that each one restaurants will remain open and won’t close within the near future.


This article was originally published on : www.blackenterprise.com
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Boston’s Liquor License Law Will Benefit Black-Owned Restaurants

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The City of Boston is on a mission to pass laws that Change the landscape of Black-owned restaurants in Black and Brown communities with a brand new liquor licensing law.

The bill, first introduced in April 2023, officially passed each chambers of the state House in late July. But since the bill has two different versions, its fate remains to be uncertain. Royal Smith, a member of the Boston Black Hospitality Coalition who’s pushing for the bill to turn into law, also operates District 7 Tavern in town’s Roxbury neighborhood. The Baystate Banner reports that he’s optimistic that lawmakers will do the proper thing by officially allowing restaurants to obtain a license to sell alcohol.

“I’m excited to see what form this takes,” he said. “It’s really, really going to grow the city. It’s going to provide neighborhoods that people want to walk to.”

Still, Smith is waiting for official approval from Gov. Maura Healey. If the Massachusetts governor signs the liquor license bill, “five restaurateurs in each of 13 predominantly Black and Brown ZIP codes each year for three years” in town could be eligible to get latest liquor licenses for his or her businesses. If the bill passes, about 200 latest liquor licenses could be available for establishments in those parts of town.

The following ZIP codes are affected: Charlestown, Dorchester, East Boston, Hyde Park, Jamaica Plain, Mattapan, Roslindale, Roxbury, South End and West Roxbury.

“No matter where you live in the city, you should be able to go downstairs or up the block and have a good meal and a drink if you want to,” said state Sen. Liz Miranda, the bill’s sponsor within the Senate. She also represents Suffolk’s 2nd District, which incorporates parts of nine ZIP codes that will be affected by the laws.

“It’s about dreams becoming reality and about economic equality, racial equality, geographic equality,” she continued. “I think sometimes people get stuck on the word alcohol, and if you don’t like alcohol, you think that’s going to cause a lot of problems in our community, but it doesn’t.”

The neighborhoods in query have seen a decline in access to sit-down restaurants. Business owners are finding it difficult to remain in business without the advantage of alcohol sales.

They are unable to take care of transferable alcohol licenses, which cost roughly $600,000 on the secondary market.

For Smith, crucial thing is bringing more opportunities to Black and Brown neighborhoods across Boston, which is home to 2.1 times more white residents than every other race or ethnicity, in accordance with the 2022 Census report.

“There will be more options in Boston beyond Irish bars,” Smith said. “We want to make sure that for everyone who is affected by this bill, we’re not just opening up and then closing down. We want sustainability.”

He added: “If we do this right, it will ultimately change the Boston skyline.”


This article was originally published on : www.blackenterprise.com
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Bevel Announces $25K Business Grant to Double Dutch Aerobics Classes

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Bevel, a Black-owned Atlanta-based personal care brand, has announced that he has presented Double Dutch Aerobics with $25,000 Business Grant.

Bevel was the official skincare partner of the 4th annual Invest Fest, held August 23-25 ​​in Atlanta on the Georgia World Conference Center. The company’s CEO, Damon Frost, announced grant in a recent episode of the Market Monday podcast. Double Dutch Aerobicsalso based in Atlanta, was amongst greater than 300 vendors to take part in the annual festival and was chosen to receive a grant from Bevel.

The company was founded by Michelle Clark, Double Dutch World Champion, and Sean Clark, a Master Double Dutch aerobics instructor.

“At Bevel, we are committed to serving our customers with product solutions that meet their unique care needs, as well as charitable initiatives that we believe make a real difference in the community,” said Breann Davis, Bevel’s marketing leader, in a written statement. “We are grateful to Rashad, Troy and the entire Invest team for giving us the opportunity to partner with incredible companies like Double Dutch Aerobics and support the next generation of entrepreneurs who share our commitment to giving back to the community.”

The Clarks, originally from Brooklyn, New York, are a husband and wife team that owns the world’s first Double Dutch aerobics studio. They offer classes for each adults and kids. Certified DDA instructors have traveled the country, taking Double Dutch Aerobics to over 30 cities. During his travels, have successfully taught over 100,000 children and adults how to jump Double Dutch method.

Bevel was founded in 2013 by Tristan Walker and the corporate has revolutionized the standards expected within the grooming industry. Their products are created with the needs of Black and Brown men in mind, with products spanning the spectrum of hair, beard, shaving, skin and body care.


This article was originally published on : www.blackenterprise.com
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