|| Print ||
|Articles - December 2011|
|Tuesday, November 15, 2011|
Page 1 of 2
By Jennifer Roland
Oregonians are buying artisan, whether it is gloves they purchase from a crafter on the website Etsy, home-brewed beer they buy from a co-worker, or specialty cheese they pick up at a farmer’s market. Add to the list: handcrafted bar soap.
The growth in the number of Oregon’s artisan soapmakers has been impressive over the past 25 years. In 1986, when Laurie Fiesel of Laurelstone Soaps in Oregon City began selling her handcrafted soap, she found only two other soapmakers in the state. Now there are 125 active businesses registered with “soap” in the name in the state. The industry’s only trade association, the Handcrafted Soapmakers Guild, has seen steady national growth of about 150 members per year for the past six years, says Marie Gale, former president of the guild and owner of Chandler’s Soaps in Broadbent. Oregon is a national player in the handcrafted soap market; the guild’s 2012 conference will be held in Portland in May.
Oregon’s soapmakers sell their wares at craft and county fairs, retail locations and on Etsy. Although Etsy is only one channel in the market for handcrafted products, it has been a poster child for the handcrafted movement. The company doesn’t take credit for creating the movement, but it serves as a representative snapshot of the market. Since it launched in 2005, Etsy sales have grown to more than $300 million each year and are on track to top $400 million this year. Handcrafted soaps make up about 6% of the products currently offered for sale on Etsy.
Within this market niche, variety has grown with the number of producers. Fiesel’s flagship soaps are made with goat’s milk, and Gale’s are known for including no animal products. The price point for most handcrafted soaps is similar, about $4–$6 per bar, compared to as low as $1 for other bar soaps, so consumer preference for a particular formulation or fragrance is usually the deciding factor. Jamie Futoran, owner of Soap Dreams in Medford, which is known for the use of beer in its soaps, says she initially worried the market was oversaturated, “but once I got to a certain point, it just didn’t feel like competition.”
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Powerlist: Staffing Firms|
|Taxis Uber Alles?|
|Gold futures drop to six-week low|
|The 'Pill' linked to breast cancer risk|
|Adidas reveals profit warning|
|Target appoints new CEO|
|U.S. economy grew by 4% in Q2|
|Twitter Q2 revenue surges|
|Pfizer results beat estimates|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.