Meghan Markle's new business venture has reportedly faced a setback. The venture, which has been shrouded in secrecy, has encountered issues with its staff and licensing problems.
Reports suggest that the venture has struggled to find and retain suitable staff. This is a common challenge many startups face.
The licensing problems have also caused delays and added costs. These issues have likely put a strain on the venture's resources.
It remains to be seen how Meghan Markle's team will address these challenges and move forward with the venture.
Take a look at this: Business Venture
Meghan Markle's Business Venture
Meghan Markle's Business Venture has reportedly faced a setback.
Meghan Markle's new lifestyle brand, American Riviera Orchard, is struggling to find a CEO, which has hindered its progress.
The brand has yet to launch, and little is known about the products it plans to offer.
Meghan's team is reportedly facing challenges in finding the right leadership for the brand.
Working with Harry and Meghan has proven to be challenging for many, describing them as "the toughest of taskmasters", "very demanding and difficult to work for."
Rumors emerged that Meghan was looking for investors to help get the brand off the ground.
Branding expert Lucie Greene noted that the jam promotions have played a significant role in generating excitement around Meghan's brand.
The Sussexes have also faced setbacks with their Spotify deal, which ended in January after producing just 12 podcast episodes and a Christmas special over 31 months.
The couple reportedly bagged £18million from the deal, but the partnership was not without controversy, with some accusing Meghan of faking interviews on her podcast.
The US Patent and Trademark Office has refused to grant a trademark for the Archetypes podcast, citing confusion with an existing Arizonian company.
Meghan Markle was also accused by whistleblowers of taking an arms-length approach to the Spotify podcast, palming off the grunt work of interviewing guests deemed less VIP onto her staffers.
Here are some notable setbacks faced by Meghan Markle's business ventures:
Meghan Markle's business ventures have been plagued by setbacks, from struggling to find a CEO for her lifestyle brand to facing controversy with her Spotify deal.
Trademark and Licensing
Meghan's trademark application for her new business venture, American Riviera Orchard, faced a minor setback due to "irregularities" with her application.
The U.S. Patent and Trademark Office requested Meghan make "corrections" to address these issues.
Meghan's application incorrectly classified some items, such as yoga blankets and recipe books.
Meghan is expected to pay $11,382 in fees to various entities for the trademark registration if her application is approved.
The extent of the irregularities remains unclear, but it's clear that Meghan's team needs to revisit her application to ensure everything is in order.
The Duchess' Future
Meghan Markle's new business venture, American Riviera Orchard, has reportedly faced a setback.
The brand has yet to launch, and its progress has been hindered by the difficulty in finding a suitable CEO.
Meghan's team has been working to secure a CEO, but the process has been slow, with almost 20 members of staff quitting on them.
The team's demanding nature, described as "the toughest of taskmasters", has reportedly created tension within the team.
A branding expert noted that the jam promotions have played a significant role in generating excitement around Meghan's brand.
However, the logo of the brand has been rejected by the US Patent and Trademark Office, citing an inconsistent element in the design.
The trademark authorities challenged the mark, stating that the letter 'O' in the logo is not recognizable as a letter.
Meghan's team is seeking new names for the brand, considering rebranding after its launch, similar to Kim Kardashian's approach.
The couple's Spotify deal, which included a multiyear agreement for the "Archetypes" podcast, fell apart after subscribers were left unsatisfied.
The podcast only released 12 episodes and a Christmas special over 31 months, despite the $20 million investment.
The trademark application for the podcast was refused by the US Patent and Trademark Office due to confusion with an existing company.
Meghan was accused of faking interviews on her podcast, palming off the grunt work onto her staffers.
The Duchess' involvement in the project has been questioned, with some branding her "America's laziest interviewer."
Intriguing read: Business Patent Cost
Here are some key statistics about Meghan's business ventures:
Meghan's business ventures have been plagued by setbacks, from the difficulty in finding a suitable CEO to the rejection of her trademark application.
The couple's Spotify deal has ended, and the future of American Riviera Orchard remains uncertain.
It's unclear what the next steps will be for Meghan's business ventures, but one thing is certain: she faces a tough road ahead.
Sources
- https://www.yahoo.com/lifestyle/meghan-markles-aro-brand-reportedly-213018235.html
- https://www.irishstar.com/news/us-news/meghan-markle-product-rejection-usa-33625963
- https://vocal.media/viva/meghan-markle-s-lifestyle-brand-faces-trademark-setback
- https://okmagazine.com/p/meghan-markle-prince-harry-spotfiy-deal-failed-customer-satisfaction/
- https://www.gbnews.com/royal/meghan-markle-prince-harry-sussexes-archetypes-royal-family-news
Featured Images: pexels.com