Browse Month: January 2017

Former Hawks Ownership Sues Insurance Company over Ferry Settlement

The Atlanta Hawks Basketball and Entertainment Company, the former NBA franchise ownership group, has filed litigation against the New Hampshire Assurance Company for the contract breach which involved the claims for settlement made by the previous management team led by Danny Ferry.

The former ownership group of the Hawks (AHBE) had the inclusion of the UCG founder and controlling partner Bruce Levenson. The litigation did not have any addition of the current management of the company which is under the leadership of Tony Ressler.

The lawsuit filed in the Fulton County Superior Court in September against New Hampshire Assurance Company. AHBE has a claim that the insurance company had them covered for any loss related to the wrongful termination of work, workplace torts, and employment practices. According to the documents presented in court, the company gave notice to the insurance form in 2015 about the covered claims for recompense.

Hawks and Ferry ownership reached a buyout agreement in closed doors with the insurance company in 2015. The six-year relationship ended with a closed sum of $18 million in 2012. The sale of the franchise was approved two days after the events were presented in court. The Ressler-led group was to purchase the team while the process in court continued.

According to Time’s report on the current ownership of Hawks, the litigation has nothing to do with the new management. For this reason, they are aware of the litigation. The parties involved in the litigation are former managers of the company. Therefore, they do not have any further comment on the matter.

According to the documents presented at the court, the settlement amount is confidential. The litigation states that the liability limits provides a confidential statement that the court can access. In the lawsuit, they state that the insurance company has refused to compensate them for the agreed settlement stated in the insurance policy that covers the company.

Reference: http://brucelevenson.com/

OSI Group Wins The Globe Of Honor Award For 2016

British Safety Council has awarded OSI Food Solutions UK with the prestigious Honor Award for 2016. The company won the award based on its excellent management of environmental risks. OSI Food Solution was awarded during a luncheon organized by the British Safety Council at London’s Drapers’ Hall. The event took place on November 25, 2016.

The awards featured 18 organizations from around the world. Each of these companies received a Globe of Honor in 2016. Like OSI Group, these organizations had demonstrated excellence in environmental risk management between August 2015 and July 2016.

Globe of Honor is awarded to organizations that have a score of five stars in the environmental management audit scheme maintained by the British Safety Council. Before being honored, each organization having five stars is scrutinized by an independent panel to ensure that they practice environmental management in every sector of their business. It is only after satisfying the board that an organization can receive the Globe of Honor Award.

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During the awards ceremony, chair of the British Safety Council, Lynda Armstrong Obe, praised OSI Food Solutions for its commitment to manage environmental risks. She noted that the firm’s excellence surpassed the expectation of the British Safety Council. She encouraged the company and its staff to keep up with the good work. Lynda also pointed out that more organizations around the world are adopting sustainable practices, which is an important factor in enhancing environmental protection. Also speaking during the award was British Safety Council’s chief executive, Mike Robinson. He highlighted about the important role that excellent leadership at OSI Group had played to ensure that the company’s staff remained inspired towards environmental management. According to Mike, inspiring people towards a given course is the most efficient way to elicit change. Without inspiring the people, legislation would be useless. Previously, OSI Group won the award in 2013 and 2015.

OSI Group is an American company that supplies custom value-added food products to some of the top brands in food service and retail food across the globe. The privately owned company has been operating in the UK since 1989. It has a production facility in Scunthorpe. Recently, the corporation acquired different food companies, including Baho Food, Tyson Food Plant, and Flagship Europe, to help it speed its penetration into the European market. The company is an equal opportunity employer. Most job seekers rate the company highly due to its favorable working environment and good remuneration. Over the years, OSI Group has succeeded in enhancing diversity at the work place by recruiting the services of employees from different parts of the globe.

EOS Sweet Mint For A Refreshing Taste

Many people love the flavors of mint in and around their day. People choose spearmint, peppermint and winter mint chewing gum and for oral care products. The mint flavor is refreshing to the breath and mood, and it smells great. A delicious balm from EOS to try if mint is a favorite flavor is Sweet Mint Lip Balm. Sweet mint is not overwhelmingly pepperminty, but blends the delightful variety of mints together in what is reminiscent of a sweet and mellow mint leaf, ever so subtle and pleasant in it’s flavor and application.

EOS lip balm makes many different flavors of lip balm and there is one sure to delight every preference ranging from sweet summer fruits, to a distinctive melon flavor and into mint and exotic fruit categories. EOS makes all of their balms in house and has the ability to change and blend unique ingredients and flavors together to create new flavor formulations. EOS is always working on and introducing new flavors for their customers who love the product. The formulations are all 100% natural, being free of any parabens, phthalates, petrolatum and the products are gluten free. They contain natural jojoba oils, shea butter, antioxidant vitamin E and extracts of different fruits.

The packaging of the product is just as fun and delightful to the senses as the product itself. A deep orange peach color houses summer fruit, a light blue purple color orbs the blueberry acai flavor, and a delicate light green color encapsulates the sweet mint. Some flavor combinations are marked with a swirly color pattern on the outside, indicating that the flavors are swirled together in the formula. The packaging has contributed to a lot of the product’s success and it is easy to open, apply and store in the bag or on a makeup vanity. EOS lip balm products can be found on select stores like Lucky Vitamin, Walmart and Target. Also check out: http://www.ulta.com/brand/eos.

 

Fabletics: Making Fitness Fun Again For Everyone

Fabletics came about when Don Ressler and Adam Goldenberg together with Kate Hudson felt there was a space in the market for high quality and affordable activewear clothing for women. Don Ressler and Adam Goldenberg are the founders of JustFab. The company operates on a subscription model where customers subscribe to be members so that they can buy the clothing. It was founded in mid-2013 and launched officially in October of the same year. Fabletics has opened more than 15 retail stores all over the US in locations such as Hawaii, Illinois, and Cincinnati. The company hopes to open close to 100 stores in the coming years to be able to reach its customers better.

 

Faletics is present in other locations around the world. It ships to Australia and countries in Europe. Its revenue has expanded by more than 30% each year. This is evidence of the good work that Kate Hudson and her team are doing. The company opened a men’s line called FL2 although it started out by selling women clothes only. The line was developed in conjunction with Kate Hudson’s brother known as Oliver Hudson and was launched in 2015. Fabletics’ success in the fashion e-commerce market has not gone unnoticed. It has been covered by some publications such as ELLE, Racked, and Women’s Wear Daily.

 

A piece on Forbes showed the innovative approaches to business that the company had taken to grow so fast. Fabletics has grown to become a $250 million business. It is taking on the likes of Amazon. The company has experienced blistering success in the field. It is on course to open more physical stores in the country. The success of brands depended on pricing and quality of products in the past. This has shifted in present time. The service that brands offer to their customers has proved to be essential for success in today’s market. Fabletics has used this to their advantage and has gone above and over to give their customers the best experience.

 

The company’s approach to physical stores has been unique and has separated it from the brands that do it generically. One of the strategies that they are known for and that has worked well for them is reverse showrooming. Many companies have been hurt by the pop-up store model because people browse for items in their stores but end up buying the same items elsewhere at a cheaper cost. Fabletics owns its stores. They establish a relationship with customers from the moment they walk in the door. The company organizes events where they get to interact with the public and know them better. These events are also good marketing strategies because of the publicity that it gets them.

 

The item is added to their online shopping cart when customers shop at the store. The site and the physical store complement each other. This has worked out well for them and nearly a quarter of people who walk into their stores become members.