Learning About The Chairman and CEO of Capital Group

Capital Group is a financial institution based in Los Angeles and has office located all around the world. Founded in 1931, the company was based on the belief that fundamental research is required in order to achieve long-term financial gains. Today it stands as one of the most respected financial firms in the world and manages over $1.4 trillion in assets under management.

The Chairman and Chief Executive Officer of Capital Group is Timothy Armour, also known as Tim. Armour has spent his career with Capital Group, starting out in the company’s The Associates Program 34 years ago. Over time he has been consistently promoted until where he now runs the country. Tim was educated at Middlebury College, from which he obtained his Bachelor’s degree in Economics.

One of the large events in Capital Group’s history was when the company partnered with Samsung Asset Management in 2015. In this partnership the two companies will cooperate in order to develop active investment strategies in South Korea. Under the agreement Capital Group will teach Samsung Asset Management about how their active management system works, and provide guidance in areas like client and business management. About the partnership CEO Timothy Armour stated that the “broader plan is to co-design investment solutions to fulfill the savings, retirement and insurance-linked needs of Korean investors.”

Janet Yang is a respected Director of Multiasset and Alternative Strategies, and works for well known financial ratings firm Morningstar. In an article on the website she discussed why she rated Capital Group’s overall grade as an A and provided her insights on the management of the company, including Timothy Armour. She stated that Capital Group is one of the industry’s strongest stewards of investors’ capital and cited the company’s 80 year history as evidence of it being a lasting company. She gave Capital Group’s culture an A due to it’s strong long-term results and its commitment to its financial advisors. In particular she said that because investors, such as Timothy Armour, have managed the company and set its business direction, she believes the company’s success will continue on.

Timothy Armour became Chairman of Capital Group after the unexpected passing of the former Chairman, Jim Rothenberg. He was already Chief Executive Officer of the company, and the committee’s chair, so his progression to Chairman was seen as a solid decision by Janet.

Contact Timothy Armour: https://www.facebook.com/public/Timothy-Armour

Waiakea Hawaiian Volcanic Water Witnesses Massive Growth And Plans On Expansion

Organic Authority reported that Waiakea water had a humble beginning and aimed to contribute sustainably to health and various charitable initiatives. But, it managed to impress its customers that returned for more, and in just three years of opening up, saw a massive growth. It recently announced that it has grown over 5,000 percent since 2012.

This is huge figure and a remarkable achievement by any company. The company’s products are available in 30 US State spread over 2,000 stores. As the international demand continues to grow rapidly, the company announced that it would be installing a new manufacturing facility in Hawaii to meet the shortfall in supply of Waiakea spring water.

According to Baby Boomster, even though Waiakea water is a relatively young brand in the sphere of volcanic water brands, it has risen to the top in a fairly short span of time. This is especially because the company offers that no one else does – Hawaiian Volcanic Water.

For its innovation and contributions towards corporate and healthcare responsibility, Waiakea water was given the most awards in the year 2015. The water offered by the company comes from the active Hawaiian Volcano and passes through a natural filtration system in the form of 14,000 feet of volcanic lava rocks.

This entire process of natural filtration takes around thirty-three days, which along with it being far from industrial and city pollution makes Waiakea water naturally pure and give it that distinct sweet taste.

The founder of Waiakea Hawaiian Volcanic Water, Ryan Emmons said that he is proud of the achievements company has accomplished in just a few years.

He also added that thanks to the growth in sales and awareness about the benefits of volcanic water, the company has been able to donate over 500 million liters of pure water to underprivileged people in different parts of Africa.

The company in collaboration with Pump Aid follows the mission to help spread awareness and encourage consumers to “drink ethically,” for which the company itself donates 650 liters of pure drinking water for every liter the company sells.

The company also sells another product that is loaded with electrolyte and minerals and is alkaline naturally, which the company assures is sourced from the purest places.

The company chief also said that the success of the company lies in the fact that they chose a different path, and did things differently. To validate that, he added that Waiakea water is the first premium bottled water to get CarbonNeutral® certification. The company’s net worth stands at $10 million for now and is growing annually at the rate of 170 percent, which is impressive, to say the least.

Review of How Fabletics has Gained Success through the Reverse Showroom Technique

It is not easy for a product to do so well in the e-commerce market given that Amazon have 20% of it under its control. However, Fabletics has managed to do just that as it has managed to grow its business to $250 million in just three years. Fabletics, which is associated with Kate Hudson, forms part of an ‘activewear’ growing movement that relies on a subscription mechanic to move its merchandise to customers. This kind of premise is easy as customers prefer brands that are both aspirational and push them a bit. If this is mixed with membership and convenience then the brand gets a formidable combination.

Economics Shift

Historically, the high value brands were defined by their prices and quality of their goods and services. However, a recent economics shift has rendered this combination incapable of guaranteeing success and competitiveness. There are fresh things like customer experience, exclusive design, last-mile service, gamification and brand recognition elements are the new determinants of what entails high-value to the modern consumers. Fabletics has employed a strategy similar to what Warby Parker and Apple use and its positioning and strategies are paying off well in form of additional physical stores. There are more stores that have opened up, adding to the previous sixteen operating in Illinois, California, Florida and Hawaii.

What is Fabletics’ Secret?

Gregg Throgmartin, the general manager of Fabletics, in answering what is the secret behind the success of the brand believes it is the building of a reimagined and modern version of a high-value brand from the initial. Fabletics’ membership model has allowed the brand to offer on-trend fashion and personalized services at half the competitor’s prices. He added that it was much easier to make customers happy when a brand understands who they are and their needs.

Reverse Showrooming

Fabletics encourages the reverse showrooming technique unlike the other brands that are getting massacred by showrooming. Showrooming refers to an instance where customers browse offline and then proceed to make their purchases from cheaper avenues. Fabletics turned browsing to a positive thing and its strategy enables it to build correlations, be reliable and understand the local market better through various activities and events. This ensures that over 30-50% of all people walking into Fabletics are members and a further 25% gain membership while in store. Fabletics does not mind if a customer does not buy in store as any clothing they try on goes to their shopping cart online and it offers retail services.

In addition to reverse showrooming, Fabletics has also grasped the idea of ensuring that the right content is always shown in the digital and physical as crucial. This ensures a consumer’s brand journey is not destroyed. Lastly, the growth of Fabletics has been down to focusing on people, culture and accessibility.

About Fabletics

Kate Hudson’s Fabletics deals with female sportswear and accessories (athleisure). The brand thrives on offering its customers/members with outfits that have been personalized to meet their preferences in both lifestyle and fashion. It is a subsidiary of the TechStyle Fashion Group (formerly JustFab). Kate Hudson and TechStyle’s co-CEOs Don Ressler and Adam Goldenberg launched Fabletics in 2013.

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