Doing business in today’s business world requires a lot of resilience and persistence so as to stay relevant or afloat in the very competitive business environment. Companies must adapt fast and evolve based on the ever growing business market where now only the strongest or the fittest can survive. This type of endurance and developing is what most of the media companies in Mexico have been able to do for the last twenty years.
The Mexican media landscape has been one that has shown such type of resilience in changing so as to be able to stay relevant to the millions of audiences it offers its services. Giant companies such as Televisa have had to improve their revenue generation which used to depend mostly on government based adverts and embraced other means to generate their income. This has seen the companies survive the many trials the Mexican economy has had to endure over the last two decades.
In addition to those media companies that have been able to withstand the changing media landscape, there have been other newcomers who have also gone on to become big media houses despite the very competitive business environment. These new players have ventured into the broadcast, televised, and press with ease and made names for themselves through the provision of quality service that has been received well by the target audiences.
The adaptation of Televisa in the media market world of Mexico has been mostly facilitated by is very qualified CFOs. One such example is its current Chief Financial Officer and Director Mr. Viadero.
Salvi Rafael Folch Viadero first joined the media company in 2004 and through his leadership; the media company has enjoyed lots of success. Before being appointed to this position, Mr. Rafael had served as the Vice Chairman of the Board of Banking Supervision while working at the National Banking and Securities Commission.
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When Don Ressler and Adam Goldenberg established TechStyle Fashion Group seven years ago, the JustFab Brand attracted one million members within four years in business. Between 2013 and 2014, the brand received $125 million in funding for further expansion into Canada, Germany, U.S., U.K., Spain and the Netherlands. TechStyle announced in August 2016 JustFab launched Hashtag FabForAll to expand its fashion line to boarder sizes of their fashionable line collections. Women are being celebrated all around the world of all sizes, ranging from XS through 3X, 24 to 24, and 16W up to 24W. Mr. Ressler believes all women should feel confident in what they wear to enhance their appearance.
Don Ressler found success early in his career as an internet consultant for companies seeking opportunities in online space burgeoning. He raised over $100 million in capital for businesses in the internet industry and generated more than $1 billion in sales revenue. Before establishing TechStyle, Ressler served as Co-CEO of Intelligent Beauty, Inc. and Intermix Media. New Corporation acquired Intermix and its affiliate Myspace.com, in 2005, for an estimated $650 million. Five years later, he co-founded JustFab, Inc, now known as TechStyle and acquired other brands, such as, FabKids and ShoeDazzle.
TechStyle Fashion Group was founded in 2010 as an online subscription membership fashion store. Their collections are available in ten countries, including France, Spain, and Denmark, to name a few. Don Ressler is ecstatic about the Hashtag FabForAll Campaign and pleasing their customers by offering selections of trendy styles in all sizes. He says the new clothing line will be one of the largest apparatuses by the end of 2016. TechStyle presently has over four million devoted VIP members and shipped over 60 million products from all its brands in 2016.