Member Brief: Democratization and Eadem

There is irony in the word “Eadem.” When I first heard the Latin term while on a trip abroad, it was used in reverence in the context of the 16th century British monarchy. Known to refer to equanimity and stability, the word signifies a perpetual sameness or precedence. A little digging revealed that it was the motto of Anne Boleyn, Cambridge’s Trinity College, and the HMS Queen Elizabeth. The word presents a sort of monolith. It’s also now an autantonym, a word which one meaning is the reverse of the other. A new brand named Eadem will rewrite how we view sameness. Launched this week by two women of color, Marie Kouadio Amouzame and Alice Lin Glover, Eadem is backed by a Glossier grant and Sephora’s 2021 program.

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Member Brief: Tail Wagging The Dog

The tail is beginning to wag the dog. Strategist and consultant Michael Miraflor recently visited his neighborhood Kohl’s and observed an astounding trend. Nearly 70% of the store’s traffic was there to return Amazon packages, according to his estimates. I wanted to dig deeper here. Research suggested that while the 70% figure may be extreme, it’s not by much. Returns volume has become a business development boon. Kohl’s CEO Michelle Gass said during a recent conference call:

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Member Brief: Figs Resuscitates DTC Strategy

Figs prints money. Figs broke the simulation. Figs rewrote a DTC playbook that expires each quarter; theirs will last for the next years of brand development, growth, and exits. The scrubs brand is the brainchild of Co-Founder and Co-CEO Heather Hasson, whose “ah-ha” moment came about while listening to a friend explain her pain points as a nurse-practitioner. Near the top of the list? Uncomfortable scrubs, a utility for the the millions of healthcare industry workers in the United States (Figs’ chief market).

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