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HENRY is a “higher earning, not rich yet” household with an income of $100,000 to $249,999. Many of today’s HENRYs are two-income households devoting a big chunk of their income to mortgages and children.
HENRYs affluence allows them to shop at Restoration Hardware and Williams Sonoma, cumulatively accounting for 80 percent of the luxury market. They are critically important to accessible luxury brands like Coach, Kate Spade and Restoration Hardware, as well as to higher-end mass brands such as Williams Sonoma, Ann Taylor and Banana Republic.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
For two days in March, music fans gathered in Phoenix's Steele Indian School Park for the McDowell Mountain Music Festival, which featured electronic dance music (EDM), R&B, and indie rock. But...more
"I was working in corporate America for one of the world's largest retail companies, and it was challenging and wonderful in many ways. But I was finding my truest fulfillment on Saturday...more
"The climate time-bomb is ticking. We need to seize the opportunity to invest in credible innovations that can contribute to reaching our global targets," UN Secretary-General Ant ? nio Guterres...more
The Asian Development Bank and the Global Fund to Fight AIDS, Tuberculosis, and Malaria are teaming up to fight infectious diseases in Asia and the Pacific. The two organizations on Tuesday...more
Foundation: Community Foundation of Broward
Ten nonprofit organizations in South Florida are getting a total of $300,000 in grants thanks to a new fund meant to fight discrimination in the LGBTQ community. The Our Fund Foundation and the...more
Badari Ambatti and his wife, Roopa Hhaprakash, moved from Bengaluru, India, to Garden City Park in New York about 10 years ago, and since then, they've made a home for themselves and their daughter,...more
"People used to go swimming in it, and then how grateful [they] are for the work that we're doing in conjunction with the government and other organizations," Mike Smith tells This Week in...more
"No matter how hard we work, until we get our capital aligned, we're not going to fix the problems," Cory Donovan, executive director of ImpactPHL, tells Technical.ly. That's why the nonprofit in...more
Penn State's College of Agricultural Sciences recently honored three of its alumni with 2024 Outstanding Alumni Awards.Vijay Nandula, of Overland Park, Kansas, was this year's recipient of the...more
If you're looking for a way to boost your community's sense of place, researchers at Gustavson University in Sweden have just the thing. They've developed a set of five principles that community...more
Social Entrepreneurship
Spotlight
Why People Buy from Social Enterprises?
The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.
