In the News
This year’s ultimate wine experience is coming to Atlanta’s Kimpton Overland Hotel and City Winery from August 27-29. From awards and exclusive tasting and connections, Hue Society’s Wine & Culture Fest will provide culturally educational and developmental opportunities for attendees while honoring industry legends.
Coca-Cola has announced plans to nearly double its spending with minority-owned media companies over the next three years. Black, Hispanic, and Asian-American and Pacific Islander (AAPI)-owned media companies and partners will account for 8% of the company’s total annual media budget in North America by 2024.
Retailer H&M has announced that it will host a series of pop-up shopping events highlighting Black women-owned businesses throughout the month of July. The Buy From a Black Woman Inspire Tour will be hosted in select H&M stores where customers can meet and shop from local vendors.
Black Tech Street and SecondMuse are auctioning an NFT to commemorate the 100th anniversary of the Greenwood Massacre. The company plans to use the proceeds from the auction as a fundraiser to build a Black technology hub in Tulsa.
Russell Wilson gave a sneak peek of his new children’s clothing line, 3BRAND, at the opening of the new Rookie USA flagship store. 3BRAND, named after Russell Wilson’s close connection to the number three and his Seahawks number, is a mix of sport meets fashion, music and lifestyle.
The Suites, a new platform and business community founded by Shimite Obialo, helps connect Black entrepreneurs to exclusive mentorship and fundraising opportunities.
For some consumers, their accumulated savings as well as stimulus checks helped fuel a surge of interest in active investments—which may be one of the lasting, if least expected, legacies of the pandemic.
Through this new initiative, Instacart is offering Black-owned CPG brands the opportunity to reach a broader audience in the digital aisles with prominent advertising placement.
Ace Hardware is hiring more than 30,000 people at Ace stores and distribution centers nationwide in preparation for what is expected to be a busy summer at retail stores.
Lincoln University has selected NBA legend, Gary Payton, as its new basketball coach. He will be the first basketball coach in school’s 101-year history and work to build a program. Payton is widely considered one of the greatest point guards of all time.