Over a year has passed since the consortium headed by Bruce Levenson sold the Atlanta Hawks to a group headed by technology billionaire Tony Ressler; despite the long passage of time lawyers for Bruce Levenson recently revealed the founder of UCG is still looking to bring his ownership of the NBA franchise to a close. The final aspects of the ownership of the franchise that are still outstanding involve an insurance claim brought by Levenson’s Atlanta Hawks Basketball & Entertainment LLC consortium regarding the termination of the contract of former General Manager Danny Ferry.
The mutual termination of the $18 million six year contract of the contract of Danny Ferry came just days before the sale (http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/) of the Hawks franchise to the Ressler group was announced. Bruce Levenson and his team believe comments and actions made by Danny Ferry in the wake of the then Hawks ownership actively seeking a sale of the team triggered a constructive dismissal insurance claim made with AIG; despite attempts to resolve the dispute with AIG Levenson’s lawyers have stated the New Hampshire based insurance giant has refused to communicate with the consortium, prompting the court claim being made.
The Atlanta Hawks played a major part in the life of Levenson for a number of years, but he has also remained an active philanthropist and business leader. In a report by PR News, one of the major areas the Levenson family has been active is in establishing and pushing forward the School of Philanthropy and Not For Profit Leadership at the University of Maryland.
100 Years In The Making
OSI Group was originally a family business, but over the years it has grown into something much bigger. Whenever new technology introduced ways to improve the productivity of their meat processing plants they took it. Naturally, fast food companies looking for the best supplier possible flocked to OSI Group and gave them their business. While OSI Group is no longer the family business it originally was, it still maintains much of the same spirit of hard work and determination.
Fast Food Goes Global
Much of the success of OSI Group can be traced back to the popularity of fast food on a global scale. The rise of groups such as McDonald’s and Pizza Hut means someone needs to help these companies meet the demands of their customers. OSI Group has risen to the occasion and has created an international network of meat processing plants. For the most part these companies are smaller companies that OSI purchased in order to help out the business in certain regional markets. An example of these purchases is Baho Food, a Scandinavian deli meat supplier helping OSI Group in Northern Europe.
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More Than Meat
Versatility is the key to the success of an international corporation and OSI Group has taken this principle to heart. Beyond the company’s offering of meat the firm also offers its clients frozen vegetables and dough. It simply makes sense to provide as many products as your clients need in order to increase both profits and efficiency. This means that when a company wants to sell pizzas, for example, it can find everything it needs in OSI Group. Thanks to this strategy by Sheldon Lavin, CEO of the company, OSI Group has defeated just about any other competition it has.
Putting Workers’ Safety First
The success of OSI Group is largely the result of smart business strategies, but the workers are the reason everything ticks. OSI Group understands this and does just about everything it can to make sure that its employees are kept safe and rewarded for their hard work. In fact, the excellence of the safety standards of OSI Group is so great it has actually won awards for that work ethic. Last year, the British Safety Council gave OSI Group the Globe of Honor for the commitment to the safety of its workers. It isn’t hard to see why OSI Group won the award when you look at the satisfaction of its workers.
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What Is Evolution Of Smooth
Evolution of Smooth was founded in 2007 with the goal of giving young women a brand meant just for them. When a company tries to reach an entire generation of young women you need a serious strategy on your side. This is why EOS lip balm tries to reach its fans on their territory in social media and popular music. The lip balm industry isn’t exactly known for producing the brands Millennial women will eventually come to love. However, Evolution of Smooth is defying all of those myths with its bright and flavorful lip balms.
The Magic Of Vanilla Bean
Lip balm isn’t normally known for its amazing flavors. Nobody opens a stick of Chapstick and remembers how it felt on their lips, but you’ll almost certainly remember how it feels to put on Vanilla Bean balm from Evolution of Smooth. There is an actual taste of vanilla when you apply it. The flavor sticks with you after you apply it to your lips and leaves a nice scent on your breath. The flavor doesn’t come from any artificial sources either. Instead, Evolution of Smooth uses only the finest natural ingredients to create each and every flavor. EOS lip bal products are available on Target stores, Walmart, Ulta and even Racked.
ClassDojo recently found a new reason to enhance parent-teacher meetings after it raised $21 million. The money was raised through Series B, which is a tech fundraising strategy. The capital will be used to help teachers in communicating effectively with parents. ClassDojo seeks to improve students’ performance in schools using this approach. The start-up also wants parents to be informed about their children’s behavior in school at all times.
General Catalyst headed the Series B fundraising strategy. SignalFire, Reach Capital, and GSV are among the companies that invested in education application. With its headquarters in San Francisco, the tech start-up has amassed over $31 million since 2011. It has also progressed from being a protégé of Imagine K12 to being an affiliate of Y Combinator.
Liam Don and Sam Chaudhary are the brains behind ClassDojo. The two co-founders have been working on techniques for improving communication between parents and teachers since 2015. According to Chaudhary, ClassDojo was created to help teachers in making schedules of school activities. Educators can also send pictures and video recordings of students to parents. ClassDojo comprises of a professional team of 25 people. Sam Chaudhary acts as the CEO while Liam Don serves as the CTO. In future, Chaudhary and Don expect to introduce premium features for the application to generate revenue. They are also planning to add more features that will enhance parents’ participation.
Since 2011, ClassDojo has targeted schools that want to improve their performance by engaging parents. The app has cultivated a friendly culture among parents, students, and teachers. It currently boasts a user base of 85,000 schools within the U.S. These schools are inclusive of charter and private schools. Apparently, educators in kindergartens are also using the application to monitor 8th-grade kids.
The company’s mission is to empower educators in creating incredible classrooms. ClassDojo also seeks to change education systems across the globe. The co-founders target teachers because they play a crucial role in the development of kids. They also want parents to be at par with all the lessons their children learn as well as their behavior changes.
Fabletics has a unique business module. It recently took the fashion industry by storm when it opened several stores in different parts of the country. Fabletics was founded by Kate Hudson, Adam Goldenberg, and Don Ressler. The three saw a gap in the activewear fashion space where people could not buy comfortable activewear. People had a love for comfortable activewear that was both stylish and trendy. In the first year of operation, Fabletics managed to expand its brand from the United States to places such as France, Germany, and the United Kingdom. Just the other year, Fabletics opened up brick and mortar stores in the United States. In short, Fabletics has grown to become a leader in the fashion world. The company has managed to reach a massive subscriber base of one million. The total amount of cash generated has been $250 million.
Fabletics focuses on a subscription model of services. Users pay a monthly fee to receive deals and discounts to the activewear. Fabletics has enabled flexibility with the subscription service. Users can choose to skip a month when they decide that they do not want to purchase activewear for that month. The skipping option is available within the first five days of the month. Skipping a month means that you will not be charged anything during that month. The subscription service is different because of its great flexibility. A subscriber doesn’t necessarily have to pay anything for a month they will not be using the service. Other subscription services on the internet should probably learn from Fabletics. The kind of business model caters for both customer and business needs.
Fabletics has made online data at the center of its business strategy. The firm knows that providing the right content is important to maintain customer interests. The company makes use of online and local data to gain information about people’s preferences. Online stores are usually created on a personal level. Pages are customized to display clothing according to one’s preferences. Fabletics has made it this possible through membership policies that seek to gain a customer’s preferences and lifestyle. When signing up to Fabletics, you have first to fill in a questionnaire to answer about your fashion preferences, body type, and your exercising lifestyle. Fabletics makes use of this information to create a personalized page where you can find products that you want. Many customers have loved this and subscribed to the company’s monthly deals.
Kate Hudson is not another pretty face; she is the person behind the business that has taken on Amazon. Through her Fabletics activewear line, she has managed to grow a multimillion business in a short period of three years. The success has seen Fabletics compete with giants in the industry like Amazon. A giant company like Amazon controls a significant percent of the fashion industry. Fabletics success to compete with large companies is not anything small. Unlike Amazon, Fabletics focuses on the activewear and sportswear niche. The company sells sports bras, yoga pants and tank tops in the activewear genre. Kate Hudson has created a brand that is an inspiration to many people that exercise. Many people have praised her line of clothing for its convenience and comfort.