Global Youth Problem-Solvers Announced as Winners of Mary Kay Inc.-Sponsored NFTE World Series of Innovation Challenge
Mary Kay Inc., a leading corporate advocate of women’s empowerment and entrepreneurship, announced today the top three winners of its World Series of Innovation (WSI) Challenge in partnership with the Network for Teaching Entrepreneurship (NFTE). In its first year partnering with NFTE, Mary Kay sponsored the 2020 NFTE World Series of Innovation, a global educational experience that invites young people ages 13-24 to channel their critical thinking and problem-solving skills to find solutions for the biggest challenges facing the world today and help advance the UN Sustainable Development Goals (SDGs) while fostering an entrepreneurial mindset.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210331005187/en/
Mary Kay sponsors Network for Teaching Entrepreneurship World Series of Innovation Challenge to inspire young entrepreneurs to solve the world’s most pressing problems. (Photo: Mary Kay Inc.)
Mary Kay’s World Series of Innovation Challenge encouraged young people from around the world to submit innovative solutions to address Sustainable Development Goal 12: Responsible Consumption and Production. Globally, it is estimated that 80% of discarded textiles wind up in landfills. That statistic earns the clothing and textiles industry the #2 spot on the list of worst-polluting industries, second only to the petrochemical industry. For this challenge, students were asked to design a product, service or initiative that will create a “circular economy” that encourages the reuse or repurposing of uniforms and/or other used clothing, reducing waste that ends up in landfills and decreasing greenhouse gas emissions from decomposing textiles.
The three winners of Mary Kay’s Challenge are:
-
First Place: Loop Tee Loop
- Loop Tee Loop is a sustainable clothing loop uniting lyocell textile mills with uniform recycling collection services from Metro Manila in the Philippines.
-
Second Place: SwagSwap
- SwagSwap is a US-based social network for thrifting, enabling peer-to-peer clothing swap for teens.
-
Third Place: Project DBrand
- Project DBrand is a unique service that de-brands used uniforms so they can be upcycled based in the US.
“Students today grow up in a world where sustainability is part of the daily, global conversation and they are actively engaged to drive change,” said Deborah Gibbins, Chief Operating Officer at Mary Kay Inc. “Mary Kay is proud to partner with NFTE, an organization that is helping to not only ignite the entrepreneurial mindset in youth, but is encouraging them to think critically to tackle challenging global issues. Global companies like Mary Kay have a responsibility to foster entrepreneurial innovation that can help to make the world a better place.”
NFTE is a global educational nonprofit focused on bringing the power of entrepreneurship to youth in low-income communities. The World Series of Innovation (WSI) Challenge invites corporate sponsored challenges to address the UN Sustainable Development Goals. With a reach of 100,000 students worldwide, in 2020 NFTE received nearly 4,000 student participants of all backgrounds submitting ideas in the WSI Challenges and nearly 350 students participated in the Mary Kay-sponsored challenge.
“The World Series of Innovation encourages young people to apply their entrepreneurial mindset to address global challenges,” said J.D. LaRock, President and Chief Executive Officer of NFTE. “Each year, we continue to be inspired by the innovative ideas the next generation of entrepreneurs envision. We are grateful to Mary Kay Inc. for posing this thought-provoking global challenge that encouraged students to think about the circular economy of clothing and textiles in a whole new way.”
In addition to the World Series of Innovation, Mary Kay was one of the lead sponsors of the 2020 NFTE’s United Nations Global Goals Conversation, an annual thought leadership event convening youth, industry, nonprofits, and philanthropy to advance a dialogue around social entrepreneurship solutions. Held during Global Entrepreneurship Week, the topic of the panel was “Engaging entrepreneurs to innovate and take action using technology as a tool for social good.” The panelists discussed innovative ways to use technology to emerge from the challenges raised by pandemic such as unemployment, economic recession and an increasing social unrest to build a more equitable and inclusive society in a post-COVID world. The 2020 UN Global Goals Conversation was presented by Citi Foundation, Ernst & Young LLP (EY) and Mary Kay Inc., with additional support from Bank of the West BNP Paribas.
For more information about the World Series of Innovation and all challenges, visit https://innovation.nfte.com.
About Mary Kay
One of the original glass ceiling breakers, Mary Kay Ash founded her beauty company nearly 60 years ago with three goals: develop rewarding opportunities for women, offer irresistible products, and make the world a better place. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skin care, color cosmetics, nutritional supplements and fragrances. Mary Kay is committed to empowering women and their families by partnering with organizations from around the world, focusing on supporting cancer research, protecting survivors from domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Mary Kay Ash’s original vision continues to shine—one lipstick at a time.
About NFTE
Network for Teaching Entrepreneurship (NFTE) is a global nonprofit organization that provides high-quality entrepreneurship education to middle and high school students from under-resourced communities, as well as programs for college students and adults. NFTE reaches 70,000+ students annually in 25 states across the U.S. and offers programs in 12 additional countries. We have educated more than a million students through in-school, out-of-school, college, and summer camp programs, offered in person and online. To learn more about how we are promoting inclusive capitalism and building the next generation of diverse entrepreneurs, visit www.nfte.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210331005187/en/
Contact information
Mary Kay Inc. Corporate Communications
Marykay.com/newsroom
(+1) 972.687.5332 or media@mkcorp.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
China’s Top Baijiu Brand Moutai Showcases China's Green Progress in Manufacturing at COP3015.11.2025 18:41:00 EET | Press release
On November 10 local time, the 30th United Nations Climate Change Conference (COP30) opened in Belem, a city in northern Brazil. As one of the activities at the China Pavilion of COP30, the Side Event on Ecological Civilization and Beautiful China Practice was held simultaneously, focusing on ecological civilization, sharing China's experience, and building global consensus. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251114596036/en/ China Pavilion at COP30 in Belem, Brazil. Addressing the topic of green transformation in traditional industries, You Yalin, Deputy Party Secretary of Kweichow Moutai Co., Ltd., shared the company's green transformation practices and experiences from the perspective of a traditional Chinese liquor producer. “We hope that every bottle of Moutai not only delivers a feast of flavor, but also conveys the idea of harmony between humans and nature. We aim to contribute China's wisdom and Moutai's
SBC Medical Group Enters the Thai Market through Partnership with BLEZ14.11.2025 14:47:00 EET | Press release
SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (“SBC Medical” or the “Company”), a global provider of comprehensive consulting and management services to the medical corporations and their clinics, today announced that it has entered into a Consulting Agreement with BLEZ ASIA Co., Ltd. (Headquarters: Bangkok, Thailand; CEO: Naoki Iida; “BLEZ”), which operates more than 20 pharmacies and clinics in Thailand and is widely trusted by both Japanese expatriates and local patients. The partnership is a key component of SBC’s broader Asia strategy and represents a significant step toward full-scale entry into the rapidly growing Thai aesthetic medicine market. Under the agreement, SBC will provide comprehensive management support to a new clinic focused primarily on dermatological treatments such as pigmentation and spot removal, which BLEZ is preparing to open in Bangkok. SBC will advise on clinical protocol development, aligned with SBC’s quality standards, and assist in selecting me
SBC Medical Group Holdings Announces Third Quarter 2025 Financial Results14.11.2025 14:00:00 EET | Press release
SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (“SBC Medical” or the “Company”), a global provider of comprehensive consulting and management services to the medical corporations and their clinics, today announced its financial results for the third quarter of fiscal year 2025 (three months ended September 30, 2025) and for the third quarter cumulative of fiscal year 2025 (Year-to-Date 2025, nine months ended September 30, 2025) Third Quarter 2025 Highlights Total revenues were $43 million, representing an 18% year-over-year decrease. Income from operations was $16 million, representing a 15% year-over-year increase. Net Income attributable to SBC Medical Group was $13 million , representing an 353% year-over-year increase. Earnings per share, which is defined as net income attributable to the Company divided by the weighted average number of outstanding shares, was $0.12 for the three months ended September 30, 2025, compared to $0.03 in the same period of 2024. EBITDA1, which
Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement14.11.2025 12:15:00 EET | Press release
Eric Jing, Chairman of Ant Group, said the company's focus is on putting new payment and operation tools powered by AI and tokenisation technology in the hands of SMEs, to fully embrace the next wave of global productivity revolution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251114239737/en/ Ant Group Chairman Eric Jing (second from right) shares insights during a panel discussion titled “Steering the Global Future” during the Singapore FinTech Festival on November 14, 2025. “We are passionate about using frontier technology to support SMEs and the use of AI will really uplift inclusion,” Jing said during a panel discussion titled “Steering the Global Future” during the Singapore FinTech Festival on November 14, 2025. Jing was joined by Agustín Carstens, Former General Manager, Bank for International Settlements (BIS); Ravi Menon, Chairman of the Board of Directors, Global Finance & Technology Network (GFTN); Ambassado
Allianz Achieves Record Results and Expects a Full-Year Operating Profit of at Least 17 Billion Euros14.11.2025 08:16:00 EET | Press release
3Q 2025 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251113803211/en/ Oliver Bäte, Chief Executive Officer of Allianz SE Double-digit growth in operating profit and shareholders’ core net incomeTotal business volume rises 5.21 percent with contributions from all segments Operating profit increases 12.6 percent to 4.4 billion euros, with particular strong contribution from the Property-Casualty segment Shareholders’ core net income advances by 12.7 percent and reaches 2.9 billion euros 9M 2025 Continued strong and diversified growth across our businessesand record operating profitTotal business volume rises 8.5 1 percent and reaches 141.2 billion euros with contributions from all segments Operating profit increases 10.4 percent to 13.1 billion euros, our highest nine-month operating profit ever, reaching 82 percent of our full-year outlook midpoint Shareholders’ core net income advances 10.5 percent to 8.4 billion euros. Ad
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
