Press Release
Apparel Group and myZoi Forge Partnership to Drive Financial Inclusion for Over 4,000 Underbanked Employees
- Apparel Group Enhances Home Transfer Services through myZoi App
- Apparel Group to extend myZoi’s payroll, domestic payments, home transfer, and financial education offerings to its employees.
- Together, myZoi and Apparel will advance the social elements of ESG.
Dubai, UAE, 6th May 2024, ZEX PR WIRE, In a significant announcement made at the Dubai Fintech Summit, Apparel Group, a leading global fashion and lifestyle retail conglomerate, and myZoi, a pioneering fintech incubated at SC Ventures, unveiled a strategic partnership set to redefine financial inclusion for low-income employees. This collaboration will deliver advanced digital payroll solutions and comprehensive financial literacy programs, directly benefiting over 4,000 employees of Apparel Group. The initiative was jointly announced by Syed Muhammad Ali, CEO of myZoi, and Neeraj Teckchandani, CEO of Apparel Group, marking a major step forward in leveraging financial technology to enhance workforce empowerment.
MyZoi, which has secured crucial licensing from the Central Bank of the UAE, including Stored Valued Facilities, Retail Payments Services, and Card Schemes licenses, is positioned to dramatically improve financial access and education for Apparel Group’s employees. This partnership not only addresses immediate payroll processing efficiencies but also aims at a broader impact, including improved financial well-being and security for a significant segment of Apparel Group’s workforce.
Neeraj Teckchandani, CEO of Apparel Group, said: “As leaders in the retail sector, we recognize our responsibility to not only drive business success but also foster substantial social change. This partnership with myZoi represents a transformative leap towards creating a more financially inclusive ecosystem. By equipping our team with essential financial skills and tools, we are investing in their future, ensuring they have the opportunities and resources necessary to prosper. We are proud to lead the charge in this critical aspect of social sustainability, aiming to inspire and ignite similar initiatives across industries.”
Syed Muhammad Ali, CEO of myZoi said: “We’re thrilled to welcome such a reputable and purpose driven partner on board who shares our mission of bringing simple, affordable, and safe financial solutions to employees that are under or unbanked. We’re excited to work on this agenda together and extend our financial solutions to Apparel’s employees and their families as we work together toward implementing the solution in the near future”.
The partnership reinforces Apparel Group’s commitment to its Environmental, Social, and Governance (ESG) goals, specifically focusing on enhancing economic inclusion and setting industry benchmarks in social responsibility through innovative financial technology
For further information:
Asmik Akopyan
Head of Brand and Marketing
E-mail: asmik@myzoi.life
About myZoi
myZoi is committed to promote financial inclusion of every underbanked individual globally through tailored financial services, elevating their living standards over time. Headquartered in the UAE, myZoi is a wholly owned subsidiary of Standard Chartered Bank and a fintech backed by SC Ventures – the Bank’s innovation, fintech investment and ventures arm.
About Apparel Group LLC
Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy – Dubai, United Arab Emirates. Today, Apparel Group caters to thousands of eager shoppers through its 2200+ retail stores and 85+ brands on all platforms while employing over 22,000+ multicultural staff.
Apparel Group has carved its strong presence in the GCC and expanded thriving gateways to market in India, South Africa, Singapore, Indonesia, Thailand, Malaysia, and Egypt. Additionally, clear strategies are in place to enter emerging markets such as Hungary and Philippines.
Apparel Group has created an omni-channel experience, operating brands originating from the USA, Canada, Europe, Australia, and Asia. The brands include leading names in fashion, footwear, and lifestyles such as Tommy Hilfiger, Charles & Keith, Skechers, Aldo, Nine West, Aeropostale, Jamie’s Italian, Tim Hortons, Cold Stone Creamery, Inglot, and Rituals.
Apparel Group owes its amazing growth to the vision and guidance of its dynamic Founder and Chairwoman, Mrs. Sima Ganwani Ved, who has taken the company from strength to strength since its inception in the last two decades.
About SC Ventures
SC Ventures is a business unit that provides a platform and catalyst for Standard Chartered to promote innovation, invest in disruptive financial technology and explore alternative business models.
For more information, please visit www.scventures.io and follow SC Ventures on LinkedIn.
About Standard Chartered
We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges. For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on Twitter, LinkedIn, Instagram and Facebook.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Gamerge Officially Launches: Revolutionizing Play-to-Earn Gaming in the Web3 Era!
Gamerge, an innovative Play-to-Earn (P2E) GameFi platform, proudly announces it’s official launch on December 15th 2024. This cutting-edge platform is designed to revolutionize the gaming industry by merging entertainment with real-time cryptocurrency earnings, offering a transparent and user-focused ecosystem in the Web3 era.
Gamerge introduces a platform that puts players first, enabling them to earn real crypto rewards through immersive and competitive gameplay. By offering a transparent and trusted environment, Gamerge empowers users to monetize their gaming skills in exciting new ways. Players can participate in Versus matches and Tournaments to unlock higher reward potential while enjoying a seamless and engaging experience.
At the heart of the platform lies the Gamerge Token (GMG), supported by a unique 100% token-burning mechanism. This deflationary model ensures long-term value for token holders, setting Gamerge apart in the rapidly growing GameFi space. In a move to enhance accessibility, Gamerge is also available as a mini app on Telegram under the name @Gamerge_bot. This integration makes it incredibly simple for players to access the platform and start earning on the go, expanding its reach to Telegram’s global user base.
Gamerge leverages advanced blockchain technology to support multi-chain functionality and allow earnings in multiple cryptocurrencies. This flexibility ensures inclusivity and accessibility for gamers across diverse ecosystems, making it easier than ever to participate in Web3 gaming.
Community engagement is a cornerstone of Gamerge’s mission. The platform features an innovative Refer & Earn program, which rewards users for introducing new players to the ecosystem. This initiative fosters loyalty and growth within the Gamerge community, ensuring an interconnected and vibrant player base.
Gamerge is making a significant impact by collaborating with leading giants in the gaming and crypto industries, paving the way for exclusive opportunities and rewards for its users. These strategic partnerships highlight Gamerge’s commitment to innovation and its position as a trailblazer in the GameFi domain.
Explore the next generation of gaming and start earning real crypto today. Visit http://gamerge.ai/ to learn more.
About Gamerge
Gamerge is a user-centric Play-to-Earn GameFi platform designed to create a transparent and trusted gaming ecosystem. With unique tokenomics, multi-chain support, and a focus on community engagement, Gamerge is redefining the gaming landscape in the Web3 space.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
2024 International Short Video Competition Breaks New Ground in Global Audio-Visual Communication
The 2024 International Short Video Competition has successfully concluded its call for submissions. As of November 30, a total of 4,452 works were submitted, with creators from 60% of the countries and regions worldwide. The total exposure of related topics across the internet has surpassed 1.5 billion views.
This year’s competition featured a series of promotional activities reaching international campuses across the globe, with efforts expanding into markets in Asia, Europe, North America, and other regions. These activities have greatly enhanced the international exchange and cooperation in the film and television industry, significantly boosting global audio-visual influence. Notable progress was made in international communication and overseas promotion, with three key achievements standing out:
Firstly, a diversified international communication channel has been established. By inviting individual creators, bilingual bloggers, domestic and international audiovisual production and broadcasting institutions, film and media schools, as well as renowned influencers and talent agencies from around the world, the competition has attracted creative talents from various fields and levels. This includes significant participation from overseas universities, international students, and others, effectively capturing the attention and influence of the youth demographic. As a result, a large number of works with diverse formats and topics have been collected.
Secondly, a comprehensive cultural exchange platform has been established. Relying on international campus promotional activities, the competition has provided overseas students and foreign youth with opportunities to gain a deeper understanding of both Chinese and foreign cultures and international exchanges, thus sparking their creative inspiration. During the promotional events at KyungHee University, Rangsit University, and the University of Barcelona, students expressed strong interest in the overseas competition themes. Many of them stated that they would create works in creative formats such as Vlogs, animations, and documentaries. This promotional opportunity has also ensured the quality of the competition submissions.
Thirdly, an efficient overseas communication model has been expanded. By fully leveraging the experience gained from organizing the competition, the influence of various platforms has been activated. Through showcasing stories of Sino-foreign friendship, cultural differences, and win-win cooperation opportunities, as well as the concept of a shared human destiny from a Z perspective, the competition has established a distinctive international audio-visual brand image using abundant overseas resources. Prior to the promotional events, the release of information about the overseas competition attracted the attention of international creators and subscribers, creating a favorable atmosphere for offline promotional activities. From “cloud” to reality, the progressive promotion of Sino-foreign audio-visual works’ international communication has facilitated cultural exchange through enjoyable audio-visual experiences.
The international campuses have brought together students from different countries and regions, inspiring each other through their creative work and fostering a deeper understanding and respect for different cultures. By participating in and promoting the competition, students are able to further develop their short video creation skills, cross-cultural communication abilities, and awareness of international communication. With the perspective and creativity of international students, the competition has unearthed a batch of short video works that are more in tune with international audiences and easier to understand and accept. These works effectively showcase the charm of Sino-foreign cultures and the achievements of social development, enhancing the competition’s international appeal and influence.
In addition to reaching universities in South Korea, Thailand, Spain, and Russia, the international youth exchange roadshow is still ongoing. Although the submission phase has ended, the journey of Sino-foreign cultural exchange continues. With innovative communication formats and strengthened cultural identity, the 2024 International Short Video Competition is still on the way!
Media Contact
Company Name: Shandong Running Shell Culture Media Co., Ltd.
Contact Person: Sun Ke
State: Shandong Province
Country: China
Website: https://isvc2024.e.cn.vc/Registration
Email: sunke@gufumedia.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Marcella Named America’s 7th Fastest-Growing Fashion Brand By The 2024 Inc. 5000
Ranking On The List For The Third Straight Year, Marcella Ranks No. 577, Overall, Among The U.S.’ Fastest-Growing Private Companies.
NEW YORK, NEW YORK, United States, 27th Dec 2024, – Marcella, a mission-driven, ethical and sustainable designer fashion brand, has been ranked as the 7th fastest-growing fashion brand in the U.S. on the recently announced 2024 Inc. 5000 list, the most prestigious data-driven ranking of America’s fastest-growing private companies. Achieving 780% growth from 2020 to 2023 with minimal outside investor capital, Marcella also ranked on the list as America’s 44th fastest-growing consumer products company and as America’s 577th fastest-growing company, overall. Moreover, Marcella ranked as the fastest-growing retailer in New England (where it is headquartered) for the past three years.
Founded by husband-and-wife duo Siyana and Andy Huszar, Marcella’s “minimalism with an edge” clothing, shoes and accessories are designed in New York and handcrafted in Europe. Core to the brand’s DNA is a commitment to advancing women and girls across the brand’s every aspect (design, production approach, sustainability, and social impact).
“Being ranked as America’s 7th fastest-growing fashion company is a testament to our incredible team and the uncompromising passion we bring daily to revolutionizing fashion for the benefit of women and girls globally,” said Siyana Huszar, Co-founder and Chief Creative Officer of Marcella.
Marcella takes a holistic approach to sustainability that not only drives its mission but its profitability. The brand’s innovative “just-in-time” production model minimizes the global fashion industry’s typical inventory waste, enabling Marcella to sell over 90% of what it makes at or near full price and dramatically reducing the company’s ecological footprint. This efficiency results in exceptional capital savings and enables Marcella to be ethical, sustainable and socially impactful in its approach. Its original, designer essentials have a superior price-to-quality ratio. Every individual involved in the production of any Marcella piece enjoys a truly living wage, generous benefits and free health care. And, for every order Marcella sells, the company supports three days of school for a marginalized girl around the world in partnership with CAMFED, the celebrated global NGO revolutionizing how girls’ education is delivered.
“To think that Marcella has been able to profitably achieve such ongoing growth while mainly bootstrapping is humbling,” added Andy Huszar, Co-founder and CEO of Marcella. “We’re honoured to be recognized by the Inc. 5000 for the third straight year and excited to continue delivering ethical, sustainable and socially impactful fashion within reach.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. “Congratulations to this year’s honorees for growing their businesses fast despite the economic disruption we all faced over the past three years,” commented Mike Hofman, Inc. editor-in-chief.
About Marcella
Marcella is a mission-driven, omnichannel women’s fashion brand offering designer essentials within reach. NYC designed and European handcrafted from locally sourced fabrics and trims, Marcella fashions itself as ethical, sustainable and socially impactful, where every major facet of the company’s operation benefits one central mission: advancing women and girls globally. At the heart of this approach is a partnership with CAMFED, the celebrated global NGO revolutionizing how girls’ education is delivered. Since 2021, Marcella has supported over 910,000 school days for needy girls.
Contact: andy@marcellanyc.com
Website: www.marcellanyc.com
Instagram: www.instagram.com/marcellanyc
More about the Inc. 5000
Based on financial data analysis, the 2024 Inc. 5000 ranked companies according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
Media Contact
Organization: Marcella
Contact
Person: Andy Huszar
Website:
https://www.marcellanyc.com/
Email:
andy@marcellanyc.com
Contact Number: 16468605689
City: NEW YORK
State: NEW YORK
Country:United States
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About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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