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Essence Owner/Richelieu Dennis Steps Down As CEO in Wake of Scathing Exposé

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Richelieu Dennis1a (Getty)
Richelieu Dennis (Getty)

Richelieu Dennis (Getty)

*If you’ve been following the drama going down over at Essence Magazine, you know that a group called Black Female Anonymous wrote an exposé via Medium.

If you haven’t been following, know that the article put the Black female-targeted outlet on blast over alleged toxic working conditions and demanded that four top execs step down.

Well, they got heir wish. Kinda sorta. One of the execs they named, Richelieu Dennis, resigned as CEO on Tuesday.

In their article, the women claimed that Dennis, 49, had a “surface-level commitment to Black women” but that he is actually “driven by greed and a debaucherous sexual appetite.”

Wait. That’s not all. The piece also alleges that “he has a history of sleeping with women on the Sundial staff [the beauty brand that produces SheaMoisture, and which he sold to Unilever in 2017] … For the women who don’t seemingly consent, he openly sexually harasses them at private company events.”

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Essence black logojpg

Now that Dennis has stepped down, Caroline Wanga, who joined the company on Monday as chief growth officer, will serve as interim CEO of Essence Communications — a position that Dennis had filled since the March resignation of Michelle Ebanks (who is still on the board of parent company Essence Ventures).

At this point, it’s not clear if Dennis, a haircare mogul who bought Essence from Time Inc. in 2018, will remain as head of the parent company.

“Out of an abundance of caution and an unwavering commitment to transparency, Essence is in the process of hiring law firms and other independent external experts to assess and review the company’s policies,” Essence said in a  statement sent to EURweb

It is said that Dennis’ role as CEO at Essence Magazine was always intended to be temporary. He assumed the role in March after Michelle Ebanks stepped down and moved to the board of Essence Ventures — where Dennis will remain the chair.

Speaking of Ebanks, Black Female Anonymous also called for her to leave the company, as well as COO Joy Collins Profet and chief content officer Moana Luu.

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Business

Iverson/Reebok Sneakers Designed By Jai Manselle Hit Stores Internationally / PICs

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Iverson Classic1

Allen Iverson - new sneakers

*The entrepreneur and designer has extended his collaborations with Allen Iverson & Reebok through the new release.

December 1, 2020. The wildly popular ‘Iverson Classic’ All-American basketball game co-founded by NBA superstar Allen Iverson, Jai Manselle and Bobby Bates had to take a break this year due to the pandemic. But, the stunning Manselle-designed sneakers for the game (originally planned to be exclusive to the players) will see a wide release today through Champs Sports .

The sneakers are a reimagining of the Reebok Question silhouette, wrapped in dark tones of suede, leather and nubuck. The outsole features a striking kente-cloth inspired pattern that is reminiscent of the jerseys Iverson wore while playing for Georgetown University. Pulling inspiration from Georgetown, Virginia, Africa, Philadelphia, and streetball culture into a cohesive design that feels radical and classic at the same time, these kicks have an aesthetic that is markedly different from anything else on the market.

“We wanted to create something aspirational. Something that represented both the journey and the destination. If you look in the details, these shoes tell a story and I hope anyone who gets a pair can pull from that energy” said Jai Manselle of the shoe’s bold aesthetic

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Iverson Classic - first time ever

The Iverson Classic All-American game was the most-watched All-American in the country in 2018 and 2019 (there were no All-American games in 2020) and made history last year as the first live sporting event to ever air exclusively on Sling TV’s streaming platform.

The sneakers will be available at Champs Sports and mark the first time that a top All-American game has released a sneaker to the public.

This release comes on the heels of a banner year for Jai Manselle and his MANSELLE brand house. 2020 also saw their ‘Rap Snacks’ collaborations with artists like Cardi B, The Notorious BIG and Migos grow into Walmart and Kroger locations and amass over 25 million sales.

Iverson Classic

ABOUT MANSELLE
Founded by entrepreneur and designer Jai Manselle, MANSELLE is a branding collective dedicated to innovating, disrupting, and creating unexpected brand opportunities. In addition to developing their own products and content, they work with clients and partners ranging from Apple to Mountain Dew to Sean “Diddy” Combs to Brooks Brothers with a focus on entertainment, fashion, and sports. Over 50 million MANSELLE-branded retail products have been released and MANSELLE-produced media has generated over 1 billion views.

ABOUT JAI MANSELLE
Jai Manselle is sometimes called the “King of Branding.” He has spent the last decade on a flurry of disruptive projects including launching a #1 mobile game called Bike Life starring Meek Mill and DJ Khaled, acting as the first executive in the BIG3 Basketball league, producing the first-ever live sports on Sling TV, rebranding Rap Snacks, co-founding Iverson Classic and producing partnerships with brands like Apple, Chase Bank, Sephora, Showtime and New Era Caps.

source: Mariella E. Lopez / [email protected]

 

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Business

Small Businesses Can Apply for Up to $100,000 In Tax Credits Starting This Week

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Money & calculator - pexels-photo-4386366

Black Businessman & white clients - pexels-photo-5816288

*Starting Dec.1 at 8 a.m., California small businesses that have hired new employees during the COVID-19 pandemic can begin applying for up to $100,000 in tax credits. The California Department of Tax and Fee Administration (CDTFA) has set up a portal on its website to receive the applications.

The CDTFA plans to close the window for accepting applications on January 15, 2021. However, the agency is warning business owners to apply as soon as possible for the tax credits that will be awarded on a “first come, first serve” basis. If there is a high volume of applications, the agency says it might terminate the program earlier.

In September, Gov Newsom signed Senate Bill (SB) 1447 into law, responding to the devastating effect the COVID-19 pandemic has had on small businesses in the state. According to Opportunity Insights, a Harvard University online tracker that monitors the health of economies across the United States, California’s small businesses are down 29.3% in revenue compared to January of this year. According to Yelp’s September local impact economic report, more than 19,000 businesses have closed in California since the beginning to the COVID-19 global health crisis.

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Money & calculator - pexels-photo-4386366

“As the authors of SB 1447, we want to make you aware of a new $100 million tax credit created by that legislation: The Small Business Hiring Credit. This is one way that we are working to ease economic hardships imposed on small businesses due to the necessary response to the COVID-19 pandemic,” three California senators who introduced the legislation wrote in a letter reminding businesses in the state to apply for the assistance.

The letter — signed by Sen. Steven Bradford (D-Los Angeles), Sen. Anna M. Caballero (D-Salinas) and Assemblymember Sabrina Cervantes (D-Riverside) – says

“eligible small businesses can receive $1,000 in credit for each net new hire that occurred during the second half of 2020, up to $100,000 per business.”

Small businesses can apply the tax credits to both personal and corporate income tax liabilities or sales and use tax liabilities from the 2020 tax year.

To qualify, the applying small business must have less than 100 employees (including part-time employees). It must have suffered a 50 % or more year-over-year decrease in revenue during the second quarter of 2020 (from April 2020 to June 2020); and it must have hired new employees between July 2020 and November 2020.

“Thank you to all the hardworking California small business owners that continue to persist through the difficulties of this year. If you are eligible for the Small Business Hiring Credit, we hope you will apply,” the three senators closed their letter to small business owners.

source:
Tanu Henry | California Black Media

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Automotive

Ways to Get Personalized Number Plates in 2020

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Car Reg Personalized Number Plate

Car Reg Personalized Number Plate

*Subsequent to burning through hundreds or even thousands on an individual enlistment number, numerous individuals seldom feel that if the actual number plates in their vehicle were rectified, their pride and joy would not go down so quick. ۔ The plates in the past number were penetrated and fixed to the vehicle with self-tapping screws, with the coming of plastic guards and twofold sided tape plates, they are currently typically stuck in the vehicle. There are favorable circumstances and drawbacks to the two techniques which will be examined.

Boring the plates and fixing them with screws requires great solid climbing however some of the time the screw head can change the state of the enlistment number on the off chance that they go down close or in any number, water can likewise go into the openings and time Just as isolating intelligent and acrylic, destroying the number plate. Here you can find glorious personalized number plates at CarReg Personalised Number Plates Providers.

Individual number plates

With regards to picking an individual number plate, there are 1000 words to look over. The majority of us pick enrollment numbers which implies something to us. In any case, we likewise anticipate the cost of the favored number plate to increment. Furthermore, frequently we are astounded that it didn’t ascend as high as we suspected.

Things being what they are, the reason do a few (apparently comparative) individual number plates outnumber others? Picking cautiously can have a significant effect.

Here are hints when personalising an individual number plate:

Purchase your preferred best number plate

In the event that you are purchasing a private enrollment number with a speculation center, this is significant. Except if you have a deal, odds are it’s a valid justification if it’s modest. There are many coordinating number plates available or very few likely purchasers … or on the other hand both! This could mean a log jam in deals.

Purchase low digits

Regardless of whether purchasing a prefix number plate, an additional number plate, or an obsolete number plate, pick low digits. The numbers are similarly acceptable. On the off chance that your financial plan permits just 3 digits or more, pick a number that has more tasteful allure. For example, 777, 100, or 101 are. Numbers like 18, 21, 30, and 40 have some allure since they speak to significant birthday celebrations. Try not to pick 27 since it is your date of birth.

Car Reg Personalized Number Plate

Purchase the underlying number plate

On the off chance that you are purchasing a prefix number plate, purchase as near the letter An as could be expected under the circumstances. There are a few exemptions for this standard, for example, ‘H1’ which speaks to ‘Greetings’ or ‘X5’ which shows the BMW model. Other well known choices are X11 or X111 as they can be seen as Roman numerals. Try not to pick 27 since it’s your birthday. All things considered, in the event that one picks a number or 11 numbers, they are accessible.

Prior to deciding

Looking at the numerous individual number plates on your site prior to deciding. Analyze number plate costs, as they can differ fundamentally. It will help you with regards to your great worth.

Limit the squint factor (TM) Boost quality

In the event that you intend to make a name or word, attempt to ensure you are not depending on deliberately positioned fixes or tapes. It’s not cool, and it’s not lawful. Likewise do whatever it takes not to depend on such a large number of letters rather than numbers. For instance, the G88 lean towards the OLF B160 LFX (where 6 and 0 assistance structure the word ‘GOLF’). In the subsequent model, the letter and the number remain, and the objective word is lost in the center.

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