Good morning! Three states are pushing to limit abortion tablet entry, Hailey Bieber’s magnificence model expects to do greater than $100 million in income this yr, and listed below are the highlights from Fortune’s Most Highly effective Ladies Summit.
– Energy play. Hi there! It’s been an exciting week on the bottom on the Fortune Most Highly effective Ladies Summit. To these of you who joined us in Laguna Niguel, Calif., thanks for being there. It was a pleasure to spend time with you and listen to about your unimaginable work, from the most important firms to early-stage startups to ladies making a distinction exterior of enterprise.
We’ve already shared a number of the highlights on this e-newsletter—from Lizzo and Cameron Diaz and Katherine Energy’s Avaline to Supreme Courtroom Justice Ketanji Brown Jackson and GM chief Marry Barra.
Earlier than we end the week, right here’s what else we realized in Laguna:
Each Mom Counts founder Christy Turlington Burns and Mothers First founder Reshma Saujani (who has a brand new podcast for girls in midlife!) dived into the methods coverage failures round childcare and maternal well being are crushing working mother and father.
Fannie Mae CEO Priscilla Almodovár says a “confidence gap” is limiting ladies’s potential as householders.
Fearless Fund founder Arian Simone and Hi there Alice cofounder Elizabeth Gore had been united when each their companies had been sued in anti-affirmative motion lawsuits funded by Stephen Miller’s America First. The 2 ladies (and their companies) made it via these trials and urge firms to not abandon DEI—even when meaning calling these efforts one thing else inside a P&L.
U.S. Patent and Trademark Workplace director Kathi Vidal is growing AI coverage for the Biden-Harris administration, and he or she has one concern with Tesla: its expertise identifies all pedestrians as white males.
Artemis Patrick, CEO for Sephora North America, says the sweetness retailer is on the middle of traits on TikTok and Instagram on objective—and it takes technique.
Stuart Isett for Fortune
WNBA legend and present Seattle Storm co-owner Sue Chook says that athletes are nice hires for companies, due to abilities like teamwork and perseverance.
Halle Berry began advocating for higher remedy and analysis for menopause after being misdiagnosed with herpes. She has a brand new firm referred to as Respin and has lobbied Congress for funding for menopause.
Hollywood producer Debra Martin Chase was behind classics like The Princess Diaries and The Sisterhood of the Touring Pants. However she virtually gave up on the enterprise after she couldn’t get initiatives made that featured ladies of shade.
Thanks a lot for following alongside this yr. We’ll be again to our common programming subsequent week!
Emma Hinchliffe
[email protected]
The Most Highly effective Ladies Each day e-newsletter is Fortune’s day by day briefing for and in regards to the ladies main the enterprise world. At present’s version was curated by Nina Ajemian. Subscribe right here.
ALSO IN THE HEADLINES
– Revisiting restrictions. Missouri, Kansas, and Idaho are pushing to limit entry to the abortion tablet and produce limitations again to how they stood earlier than they had been relaxed by the FDA in 2016 and 2021. In June, the Supreme Courtroom agreed to maintain entry to the remedy in place. AP
– On the Rhode to success. Hailey Bieber’s magnificence model Rhode shared that it’s set to usher in over $100 million in income this yr, due to its on-line direct-consumer enterprise. The corporate, which Bieber launched in 2022, has additionally seen its social following take off, with 136.1% year-over-year development in its TikTok following (which is over 1 million) for the interval ending in June 2024. WWD
– B-ball broadcast. Ladies’s professional basketball league Unmatched signed a take care of Warner Bros. Discovery to air video games on TNT Sports activities and truTV and stream on Max; phrases of the multiyear deal weren’t disclosed. WNBA gamers Breanna Stewart and Napheesa Collier cofounded the brand new three-on-three league in 2023. CNBC
– In her publishing period. Taylor Swift’s just lately introduced guide commemorating the Eras Tour might be printed underneath her personal new imprint referred to as Taylor Swift Publications. With out a conventional writer, Swift will obtain a bigger share of the guide’s income. Taylor Swift | The Eras Tour E book might be bought solely at Goal. Enterprise Insider
MOVERS AND SHAKERS
Narvar, a post-purchase intelligence platform, named Anisa Kumar CEO. She was beforehand the corporate’s chief buyer officer.
Nayya, a advantages intelligence platform, appointed Sarah Liebel as president and chief working officer. Most just lately, she was president and chief development officer at BetterUp.
Mars, a pet care merchandise and veterinary companies supplier, appointed Nefertiti Greene world president for Mars veterinary well being and Katie Devine as world president of the science and diagnostics division. Most just lately, Greene was president of Mars science and diagnostics. Devine served as president of U.S. basic medicines, Canada & Puerto Rico at Johnson & Johnson.
Contentful, a composable content material platform, appointed Elizabeth Maxson as chief advertising officer. Most just lately, Maxson was CMO at Tableau.
Veeam, an information resilience firm, named Lucy Hur chief individuals officer. She most just lately served as chief individuals officer at Slalom.
ON MY RADAR
Contained in the WNBA’s massive, daring, record-breaking yr Wall Road Journal
23andMe’s complete board resigned on the identical day. Founder Anne Wojcicki nonetheless thinks the startup is savable Fortune
Can a troubled Victoria’s Secret efficiently write its subsequent chapter? It’s definitely pulling out all of the stops CNN
PARTING WORDS
“Every woman needs to be in this movement of AI by being an early adopter of AI.”
— Lan Guan, chief AI officer at Accenture, on the significance of girls embracing the AI period
