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Channel Talk
November 02, 2023

In an era marked by an increasing focus on environmental sustainability, the entrepreneurial journey of Alexey Savin stands as a shining example of determination and innovation. As the co-founder of Hay Straws, he set out to address the global plastic straw dilemma, offering a sustainable alternative that has gained remarkable traction.

Gymshark’s Story with Cash: A Case Study in Payables Management. Consider Gymshark, a sports clothing brand that achieved a valuation of $1.3 billion within eight years. A key element of this growth was its efficient management of payables.

Cozey, a direct-to-consumer brand that began a major push into the U.S. market this summer, has broaden its assortment of home furnishings with a line of occasional furniture pieces.

The three-piece Mensa collection features a credenza, with room for vinyl record storage; an adjustable side table; and a storage coffee table. All three pieces are made with wood veneer and steel legs and come in oak, walnut or black wood finishes.

For anyone watching the beauty industry closely, it feels like another brand or retailer shutters almost every day. Operating in a crowded marketplace like beauty is inherently challenging, but add in a global pandemic followed by inflation, sky-high interest rates, unanticipated legal trouble and rapidly changing technology that impacts how one reaches their consumer, and the cause of these closures becomes more clear.

Timepiece start-ups like Baltic, which went from Kickstarter campaign to producing $50K collector grade watches, and Christopher Ward, who is on track to reach more than $40 million in sales this year, are leveraging collector communities and innovation to take on high luxury watchmaking.

Digitally native food and beverage brands are reliant on social media, particularly Meta. So they’re disproportionately affected when data privacy rules hurt the social media advertising flywheel. But those effects are marginal compared to changes in how people shop and discover grocery brands nowadays.

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Food for Thought

In today’s rapidly evolving business landscape, firms are increasingly embracing digital advancements that can transform working capital management, streamline their accounts receivable (AR) and accounts payable (AP) systems and bolster their fraud prevention efforts.

Needing to expand subscription capacity, Dollar Shave Club announced this week that it had migrated from a homegrown ecommerce system to a new one.

The direct-to-consumer (DTC) brand migrated over one million subscribers from its homegrown ecommerce stack to third-party platforms for subscription management, customer support and marketing automation.

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Spotlight on Brands

Heliotrope: For over ten years, Heliotrope San Francisco has dependably created high-quality, all-natural products - made in Northern California in small batches - using simple, organic ingredients.

BASBAS: Artistry in a Bottle: The Story of BASBAS, Paul Geller, and the Spirit of Ibiza

MAKEUP MANDY: Beauty Beyond Makeup: Amanda Jacobellis's Entrepreneurial Evolution

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