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|Articles - June 2014|
|Thursday, May 29, 2014|
Page 4 of 5
With so many companies, so much experience and such varied talent concentrated in a single region, resources do indeed abound.
But there are challenges as well. One of Clancey’s immediate concerns is the paucity of local investors interested in supporting smaller apparel companies like Homeschool. Not that there aren’t investors — they’re just not in Portland. He says some of the reluctance may stem from clothing companies that have stumbled big in the past, but investing in an apparel company versus, say, a tech startup also requires a much bigger investment and incubation period.
“It takes a lot more initial capital and a longer period of time to see success,” says Sucheta Bal, PDC’s business development coordinator for the athletic and outdoor industry. “Some investors look more at the tech model and think that that’s where they want to go with their money.”
Despite the area’s reputation for a deep pool of creative and experienced talent, Bal says many companies in the apparel space still seem to recruit people from outside the region. Icebreaker, for example, brought seasoned outdoor industry and PR veteran Shana Frahm up from California to head up its global PR operations. Rose notes, too, that the Bay Area is still a bigger draw for technology — Nike, which recently nixed the hardware side of its FuelBand fitness tracker, opened its Nike+ Fuel Lab there, not in Portland, in April — and the East Coast is much more attractive when it comes to the latest in fabric-mill technology.
“We continue to look at ways to support the cluster in training and development in any way possible,” says Paul Swangard, managing director for the Warsaw Sports Marketing Center at the University of Oregon, which is one of the ways Oregon goes about growing its own talent. At UO, that means continuing to offer the sports-focused MBA while adding new programs and offering industry-focused workshops in Portland. One such workshop in early May brought together industry professionals to learn about creative storytelling for sports-product marketing.
Portland State University has also expanded its footprint in the athletic and outdoor space in recent years, adding an undergraduate certificate program in marketing, retailing, distribution and sales, and a noncredit certificate for students interested in product planning, sourcing and merchandising. Lauren Beitelspacher, director of the school’s athletic and outdoor industry program, says programs often include presentations from professionals who work for big-name apparel companies in the metro region. There are also efforts to increase the number of women and minorities who enter the field, including a newly launched affiliate chapter of the Outdoor Industries Women’s Coalition and a partnership with Pensole Footwear Design Academy, set to kick off in 2015, that will introduce students from historically black colleges to careers in footwear design.
“There aren’t as many women and minorities in the field, but that’s changing,” Beitelspacher says. “I mean, women are among the fastest-growing demographic for many of these retailers and products, so it’d be great to employ them.”
The sector is likely to diversify as it evolves — and as Portland itself becomes more diverse. And as companies that manufacture locally find success, others may follow. Hip, youthful, with forays into diversity and local manufacturing: If that description sounds familiar, it’s because the evolution of Portland’s outdoor apparel cluster looks a whole lot like the evolution of Portland.
Thursday, August 20, 2015
BY JACOB PALMER
Ask any college student: Textbook prices have skyrocketed out of control. Online education startup Lumen Learning aims to bring them down to earth.
Thursday, August 27, 2015
BY LINDA BAKER
How do you put a baby on the cover of a business magazine without it looking too cutesy?
Monday, August 03, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
You may have noticed the photos of our rural health innovators departed from the typical Oregon Business aesthetic.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Monday, July 13, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN
Telemedicine, new partnerships and real estate diversification make health care more accessible in rural Oregon.
Friday, July 10, 2015
BY AMY MILSHTEIN
When gossip crosses the line.
Wednesday, August 26, 2015
BY LINDA BAKER
A new co-working model disrupts office sharing, child care and work-life balance as we know it.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.