Diversity Woman Magazine

SUM 2017

Leadership and Executive Development for women of all races, cultures and backgrounds

Issue link: https://diversitywoman.epubxp.com/i/813543

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d i v e r s i t y w o m a n . c o m S u m m e r 2 0 1 7 D I V E R S I T Y W O M A N 13 A ctress Kate Hudson's cloth- ing brand, Fabletics, was born from her love of movement. Begun in 2013, it's a line of accessibly priced activewear, including leggings, sports bras, and swimwear. Hudson, 37, catapulted to fame in 2000, when she was featured in the film Almost Famous and won a Golden Globe and an Oscar nomination. Since then, she's con- tinued to act in both movies and television, and become a mom to two boys. Physical activity has been second nature to Hudson for many years. She started Fabletics because she wanted to support other women seeking to live ac- tive lives. Many pieces are priced below $50. The company has a subscriber- based business model: members fill out detailed questionnaires so the brand can offer items tailored to their style prefer- ences and activity choices. Hudson has been inspired to see women in Fabletics online forums en- couraging one another to meet their goals for exercise. "People think you need two hours a day to do it," Hudson told Allure magazine. "If you work out 20 minutes a day in some way, you're going to see changes." Kate Hudson: Almost Famous, Always Fabletics Etc. Where Are the Female Unicorns? F or all the gains women have made in business, they are still far less likely than men to found the highest-value start-ups. That's the message from a research report by Goodcall.com examining the factors behind the success of male and female founders of unicorns (start-ups valued at $1 billion or more). The report found that male founders of these companies overwhelmingly outnumbered female, by about 20 to 1. And while the majority of female founders had earned a graduate degree, the majority of male founders had only an undergraduate degree. Similar findings come from a National Bureau of Economics Research study look- ing at the proportion of women and men among top earners. Women account for 16 percent of the top 1 percent of earn- ers but just 11 percent of the top 0.01 percent. For women to be as likely as men to attain these high-wealth positions, our educational system needs to do a better job of educating them in science and technology, observers say. "The girl who can dominate a field of robots is a woman who can dominate a field of men," Martine Rothblatt, founder of both Sirius Satellite Radio and United Thera- peutics, told the New York Times. Upfront > Stars Who Mean Business

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