RINGS & A ROMAN HOLIDAY 💍 🛵
The Scope Vol. 1
Welcome to The Scope! We created this newsletter to provide you with the resources, knowledge, and opportunities to help you reach your pre-professional goals, We hope that The Scope teaches you something new every time you read it.
- Zehra, President of CWBS 2020 - 2021
Hello, Members of CWBS! I am so excited to share The Scope with you all. This newsletter was designed to be your one-stop for all things women in business. Here, you'll find the latest news on industries ranging from retail to technology, interviews with some of the world's leading businesswomen, and a plethora of relevant opportunities, all in the efforts of helping you feel empowered as women interested in business. I hope that each time you click onto our newsletter, you feel more capable, informed, and ready to take on the world as a premier member of the next generation of women in business.
- Sophia, Membership Engagement Chair of CWBS 2020-2021
WTO VS. TRUMP: Robert Azevê of the World Trade Organization stepped down from his post as director-general; Azevê cited personal reasons as his motive for stepping down. This development underscores tensions between the Trump administration and the WTO’s role in overseeing international trade. Learn more.
RETAIL CASUALTIES: If retailers were struggling before the coronavirus pandemic, the pandemic has only accelerated said struggles. Retailers such as J Crew and Neiman Marcus have fallen victim to this pandemic through filing for bankruptcy, and this week, they were followed by J.C. Penney. J.C. Penney is the largest retailer to fall victim to the pandemic, and its presence of 800 stores with over 85,000 employees is a telling indicator of the severity this pandemic will have on retailers at large. Learn more.
ROMAN HOLIDAY: The tourism industry has taken a toll globally, but perhaps no place has been more affected than visitor-reliant Europe. On March 13th, the EU put in place a series of guidelines in the aims of fostering a return of tourists to the continent. Some fast facts on the industry in Europe: tourism accounts for nearly 10% of Europe’s GDP, and Europe accounts for 50% of global tourism (in terms of international arrivals). Learn more.
NICOLE WEGMAN of RING CONCIERGE
“...[male jewelers] would always speak down to me. But I found that the best way to handle it wasn't to respond in that moment or do anything or say anything. It was just to slowly prove them wrong. There’s no better way of doing that than working hard and growing a business and having it become successful.” - Nicole Wegman
Nicole Wegman, Founder & CEO of Ring Concierge, a New York City-based private jeweler. As a leader in engagement ring and fine jewelry trends, with a celebrity following to match, Ring Concierge has changed the bridal bling game by creating a luxury experience catered towards millennials.
What are some must-have tips or words of wisdom you have for college students interested in business and entrepreneurship?
I think getting a broader experience early on is important. The reason why I recommend something, maybe a little more formal and a little broader is that you get this professional experience and background that you would take with you to a smaller company or a startup.
What are your top five favorite RC pieces on a college-friendly budget? (Under $500)
For a ring stack: Triple Row Diamond Claw Ring / Gold Claw Stackable Ring
For an everyday classic: Diamond Pendant
For a unique take on a classic: Baguette + Pavé Initial Necklace
For a stacking your piercings: Tiny Pear Studs
For everyday diamonds: Diamond Bar Bracelet
What books are you reading right now or have you been reading recently that you would recommend?
So I’ve been reading The Hard Thing About Hard Things; basically, that book talks about how to navigate the difficult times. It's easy to navigate the good times; It's easy to make decisions when everything's great. It's not easy to make a choice when both your choices are hard. So I would definitely recommend that to any small business owner, anybody who's kind of navigating this crazy time with a company right now.
What are your top three favorite things to do in NYC?
Eating downtown, I typically eat out like four days a week.
Shopping. My favorite thing to do is just like walk around on weekends and pop into stores. But the beauty of New York City is you can get so much inspiration out of that. And every time you walk in Soho, there are 10 new clothing stores or direct to consumer brands that weren't there two weeks ago.
Being in my office with my team. It's where I spent the most time. And we love our office. We designed it to be an environment we actually want to be in and spend time in.
Who's your favorite woman leader and why?
I would say, Sofia Amoruso, the founder of Nasty Gal and Girl Boss. The reason for that would be because she started Nasty Gal and it blew up, and then that company failed. But one year later, she launched an entirely new company, called Girl Boss, and it is extremely successful. But what I liked most about her was not letting that first failure stop her; she bounced back in a way where she took advantage of something that did still work, which was the power of the term “Girl Boss”. I just like her resiliency and that she wasn't afraid to come back in a big way. That inspires me a lot.
Read Nicole’s full interview on The Scope Blog.
For 15% off fine jewelry at Ring Concierge (excludes bridal, diamond studs, Rolex, and gift cards) use the code CWBS15 at checkout. Ends 9/1/20.
Internships
Banking/Finance
Consulting
Tech
Startups
Venture Capital
Investment banking deals primarily with the creation of capital for other companies, governments, and other entities.
Investment banking activities include underwriting new debt and equity securities for all types of corporations, aiding in the sale of securities, and helping to facilitate mergers and acquisitions, reorganizations, and broker trades for both institutions and private investors.
Investment bankers help corporations, governments, and other groups plan and manage financial aspects of large projects.
Major Firms: Goldman Sachs, Morgan Stanley, JP Morgan, Citigroup, Credit Suisse, Deutsche Bank, and HSBC.
Definitions from Investopedia.
