According to an analysis by The Wall Street Journal, about a quarter of companies in the S&P 100 announced this year that they were bringing in a new finance chief or the current one was departing. Included among them are Google, Walmart, Comcast, and Disney. "I've never seen so much volatility," Peter Crist, chairman of executive search firm Crist|Kolder Associates, told The Journal. An increase in mergers and acquisitions, as well as several retirements, may be behind the high volume of executive shake-ups in 2015.
Quitting Adore Me is like pulling the lever and waiting for a potential $10,000 jackpot. The company has made a habit of paying the lump sum out to departing employees who worked hard during their time with the lingerie startup, Bloomberg reports.
The practice started with former employee Julie Tracy, who was leaving Adore Me to travel the world. Tracy had only worked at the company for three years, and the sum was part good will, part a way to coax Tracy back once her travels were over
After three years working at a startup, Julie Tracy wanted to leave her company so she could travel. Her employer, online lingerie retailer Adore Me, gamely threw her a going away party at a bar across the street—a pretty standard affair until this happened: "This enormous foam check starts coming at me through the crowd," she recalls.
It was followed by an actual check—for $10,000. It was from Adore Me's chief executive officer. "I burst into tears," Tracy says. "There's probably 1,000 pictures of me sobbing. I was totally blown out of the water. It was amazing."
As 2015 comes to a close, it's time to start thinking about who to watch next year. These retailers should be on your radar in 2016. Some brands are coming back from rough years and are promising turnarounds. Others have demonstrated explosive growth and will likely continue to thrive in the new year. And some of these brands are popular with teens — the next generation of consumers.
It's no secret that the plus-size market is underserved.
The category is worth $17.5 billion, according to industry-research firm NPD Group .
The deficit of stylish apparel that these women face is likely rooted in retailers' and designers' fear.
These retailers should be on your radar in 2016.
Some brands are coming back from rough years and are promising turnarounds. Others have demonstrated explosive growth, and will likely continue to thrive in the new year.
And some of these brands are popular with teens — the next generation of consumers.
It’s engagement season! Something about the holidays has everyone looking to get hitched. So how about you? Newly engaged? Want to be? Even if you’ve been betrothed for a while, there’s just that frisky, sexy, cool element to almost being a newlywed. So why not highlight those in-limbo moments before you tie the knot? Start at the beginning and seriously upgrade your underpinnings. Let’s refresh your top drawer beyond those boring, all-black-lace duds.
Nothing ruins the perfection of cozying up in an oversized sweater like an uncomfortable bra. Whether you want to avoid lumps and bumps or are looking for a standout option, there are plenty of bras perfect for wearing under sweaters. The first step to choosing the right bra for your sweater's style is, of course, to find your right size. Head to your nearest lingerie store and ask for a fitting. It's really the best way to ensure you're getting a size that you won't make you fidget all day.
It's no secret: the retail industry is struggling. With people choosing not to spend their money on clothes, retailers need to know where to look.
But while mall stores struggle, fast-fashion giants such as H&M, Zara, and Forever 21 are thriving.
This is in part because of strategies that are based in data and analytics. By understanding what the consumer is craving, these companies can drive sales.
Once you fill take a quick ~preferences~ quiz on the kind of lingerie styles you love, Adore Me curates a collection based on your taste. You can sign up to be a VIP member to get perks (like $10 off any style, anytime and every sixth bra-and-panty set free) or just sign up as a non-member and order whatever you want.
It's not Christmas Eve without proper holiday pajamas. Wait up for Santa in style with this cozy sleepwear, or better yet, package a pair under the tree if you're still angling for a spot on the nice list.
Morgan Hermand-Waiche was a Harvard Business School student when he went lingerie shopping for his girlfriend, only to find that the most appealing items were prohibitively expensive. Turned off by the price, he was nonetheless turned on by a business idea: selling sexy bras and panties at a fraction of the cost.
Today, the founder and CEO of e-commerce startup Adore Me has brought fast fashion and affordability to the $17.1 billion lingerie business. To motivate customers—70% of whom are millennials—to shop and shop often, Adore Me introduces as many as 30 new items a month.
The New York tech scene is exploding with talent, from serial entrepreneurs and investors who have been building companies for years to a crop of young founders who are embarking on their first startups.
In fact, some of the coolest new companies on the east coast are being built by people who are in their 20s and 30s.
To arrive at our annual ranking of the fastest growing New York businesses, we looked at companies with $10 million or more in revenue and measured their three-year annualized growth rate. We partnered with the accounting firm Anchin Block & Anchin to verify the financial documents submitted by companies. This year's results show how advertising tech firms are fueling the economy.as and panties at a fraction of the cost.
Watch out, Victoria's Secret. There's a new lingerie company in town.
Adore Me, which was named Inc.'s No. 2 retail company and No. 14 overall company on its prestigious Inc. 5000 list, is growing at a lightning fast pace.
Inc. notes that in three years, the company has grown a whopping 15,606%
In 2012, the company brought in $1.1 million. By 2013, the company brought in $5.6 million.
New York tech moves as fast as the city, with new rounds of fundraising, acquisitions, and startups forming daily, so we culled through the NYC tech and startup scene — aka "Silicon Alley" — to bring you the Silicon Alley 100, our annual list of the people who matter most.
We looked at who's done cool, inspiring, and amazing things in the past year, including companies that have been acquired or gone public, promising new startups, top VCs, and anything shaking up the industry. We ranked our list based on who has done the coolest stuff this year. Getting acquired or going public — that's cool. Founding a neat startup or building impressive hardware is cool too.
Starting a small business is intimidating enough. Add to the equation that you'll be competing against lingerie powerhouse Victoria's Secret— which accounts for a whopping 62 percent of the market — and it could be downright terrifying.
But Morgan Hermand-Waiche, a Harvard graduate who founded online start-up Adore Me four years ago, saw it as an opportunity.
Victoria's Secret dominates the lingerie market.
But an e-commerce retailer called Adore Me is trying to move in on Victoria's Secret's market share.
"We aim to slay Victoria's Secret," Sharon Klapka, Adore Me's director of business and brand development, told Business Insider.