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It’s the end of an era for surf-and-skate-inspired clothing enthusiasts, as some once-beloved stores close their doors. Liberated Brands, which owns Billabong, Quicksilver, Volcom, Roxy, and other brands, filed for Chapter 11 bankruptcy in Delaware this week. As a result, 120 stores across the U.S. owned by the company will close. The company will also close its international offices, and has laid off 1,400 employees. In a declaration filed along with the Chapter 11 petition, CEO Todd Hymel blamed the rise of fast fashion brands, as well as high interest rates and inflation, for the brand’s demise. “The average consumer has shifted their spending away from discretionary products such as those offered by Liberated, Hymel said in the court filing. Consumers can cheaply, quickly, and easily order low-quality clothing garments from fast fashion powerhouses and have such goods delivered within days.” Just a few years ago, Liberated was booming. From 2021 to 2022, it more than doubled the number of retail locations it owned, going from 67 stores to 140 locations. It also took on additional brand licenses under New York-based Authentic Brands Group (ABG). But in recent years, inflation and supply chain issues began to hit the company hard. As more people pulled back on discretionary purchases or turned toward budget brands, more Liberated-owned stores began underperforming. In December 2024, ABG withdrew its licenses. In a statement, Liberated said it has worked tirelessly over the last year to propel these iconic brands forward, but a volatile global economy, consumer spending changes amid a rising cost of living and inflationary pressures have all taken a heavy toll.” Luckily, fans of the surf-and-skate-inspired clothing won’t have to look too hard to find it after the bankruptcy. The individual brands are already sold at other retailers including Dick’s Sporting Goods, PacSun, and Kohl’s. As Liberated winds down, it will be looking for more wholesale partners to continue selling the products. Meanwhile, the fast fashion industry, which targets young shoppers, is certainly booming. The clothes are cheaply made and affordable, but the industry’s high energy use, toxic chemicals, and the reality of how many briefly worn items end up in landfills all point to how detrimental fast fashion is for the planet. However, 2022 data from ThredUp suggested there’s an addictive nature to fast fashion brands like Shein, Temu, and others, despite the fact that the environmental strain is massive.
Category:
E-Commerce
Entrepreneurial couples and co-founding duos share a unique bond whether theyre bound by marriage or business. Their synergy often stems from shared passions, complementary skills, and the drive to build something meaningful. But the reality is that co-founding a business with someone romantic partner or not isnt always easy. From aligning strategic visions to juggling multiple responsibilities, the pressures of scaling a company can wear on even the strongest partnerships. Yet, entrepreneurial couples offer a blueprint for success precisely because their personal and professional lives are deeply intertwined. As such, they have to adapt, compromise, and communicate on a profound level, and any co-founding duo can learn valuable lessons from how these couples navigate the challenges that come their way while maintaining empathy for one another. Business partners, much like married couples, face a distinct set of hurdles that can test the very core of their relationship. In many ways, running a startup with someone mirrors the commitment of till death do us part. Youre tied together not just by formal agreements but also by the emotional investment you each bring to the table. Its not surprising, then, that up to 43% of startup founders ultimately buy out their co-founders due to interpersonal rifts and power struggles. After all, co-founding a business is essentially a marriage in its own right one sealed by a business license instead of a marriage license. Yet, when it works, it can be remarkable. In fact, teams with more than one founder outperform solo founders by an overwhelming 163%. One of the biggest pitfalls for co-founders, much like for couples, is misaligned vision. Whether youre running a household or running a company, there must be a shared sense of purpose and direction. Many disputes boil down to role ambiguity, unclear expectations, and competing definitions of success. If one partner aims for aggressive growth while the other prioritizes sustainable expansion, friction is inevitable. Communication breakdowns and power struggles often follow, which can leave each partner feeling unheard. Time and again, in my work with both entrepreneurial couples and co-founding duos, we see that a foundational alignment on key initiatives and a willingness to resolve conflict collaboratively go a long way toward fostering a healthy partnership. So, how exactly do entrepreneurial couples make it work, and what can every co-founder learn from them? Here are a few tips: Be proactive Dont wait until problems arise One of the biggest lessons we can learn from entrepreneurial couples is the importance of addressing potential pitfalls before they become major issues. Whether its clarifying roles or scheduling regular check-ins, proactive communication is the glue that holds a relationship together. Rather than assuming everything is fine, schedule structured time to discuss both strategic decisions and personal stressors. By surfacing small grievances early, you prevent them from snowballing into larger conflicts. Understand How Your Familial Dynamics Affect Your Leadership Style Our upbringing and family backgrounds shape not only how we relate to our loved ones but also how we lead, collaborate, and handle conflict. Perhaps you grew up in a home where disagreements were swept under the rug, or maybe you learned to be hyper-assertive just to have a say. These patterns can quickly resurface when the stakes are high in a co-founding situation. Entrepreneurial couples have an edge because theyre forced to recognize and often reconcile these familial tendencies on a daily basis. In my work with both couples and co-founders, Ive found that while the details of each therapy session may vary, the underlying principles remain the same: acknowledging deeply rooted family dynamics is the key to maintaining unity in any partnership. Identify your emotional triggers Even the most forward-thinking founders can falter if theyre not aware of the emotional triggers that fuel their reactions. Stress, fear, or insecurity can all ignite disproportionate responses. The first step is noticing the signs: a racing heartbeat, clenched fists, or a sudden urge to interrupt someone. Once you identify these red flags, you can practice pausing to breathe and reframing the situation. For entrepreneurial couples, this might mean stepping away to gather your thoughts, while for any co-founding duo, its about creating space for empathy and calm conversations. Create a strategic alignment plan Finally, business partners who take time to create a clear strategic alignment plan from outlining shared goals to defining individual roles set themselves up for smoother collaboration. This roadmap not only keeps you accountable but also helps you spot misalignments before they evolve into gaps that you cant reconcile. Entrepreneurial couples have to merge life plans and business ambitions in real time, so they often learn to break down goals into manageable steps and assign responsibilities based on each partners strengths. By taking a similar approach, youll enjoy a much more harmonious working relationship with your co-founder along the way. For entrepreneurs of any kind, remember that the strength of your relationships can make or break your success. Your most valuable asset isnt just the product or service you offer; its the people who help bring your vision to life. Invest in those partnerships first, and watch how every facet of your business thrives as a result.
Category:
E-Commerce
Are you suffering from Zoom fatigue?” Exhausted from being on video calls multiple times a week, or even every day? Well, it may be because you’re sick of looking at your own face, according to a new study. That study, from researchers at Michigan State University and published in the journal PLOS One, discovered that facial appearance dissatisfaction” could explain the weariness people are experiencing when using videoconferencing technology. Our increased reliance on virtual meetings in the workplace, especially with the rise of remote work, means we are spending a lot more time on camera, which has significant implications for workplace productivity and individual well-being, according to the researchers. Our study highlights that dissatisfaction with facial appearance contributes to Zoom fatigue, leading to reduced adoption of virtual meeting technologies,” said study author Chaeyun Lim of Michigan State University. The study also looked at impression management features, which are tools that enable users to adjust their self-video to manage their appearance, and found that dissatisfaction with facial appearance “also drives the use of impression management features, emphasizing the need to address worker well-being in virtual communication environments.” In other words, researchers found that individuals who didn’t like how they looked had more Zoom fatigue and saw virtual meetings as less useful, leading them to be less interested in adopting the technology. Taken together, the findings shed light on why some people are less likely to want to attend virtual meetings. The study involved 2,448 U.S.-based workers answering a 15-minute survey. The group included professional, technical, and scientific workers who worked remotely at least part of the time and regularly attended virtual meetings for work. It’s not the first study about negative feelings associated with virtual meetings. Another study from Austrian researchers in 2023 examined the effects of videoconferencing directly on the brain and heart. In that study, electrodes were stuck on the heads and chests of 35 students who took part in 50-minute lectures through videoconference and in person. According to the brain and heart readings, students had significantly greater levels of fatigue, drowsiness, negativity, and sadness, and less attention, after videoconferencing than after in-person lectures. So, what’s the solution? Individuals and organizations can adopt practices such as scheduling regular breaks, according to Graz University of Technology’s René Riedl, co-senior author of the Austrian study. Based on our research results, we recommend a break after 30 minutes, because we found that after 50 minutes of videoconferencing, significant changes in physiological and subjective fatigue could be observed. Moreover, utilizing features like speaker view to mitigate the intensity of perceived continuous eye contact could be helpful.
Category:
E-Commerce
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