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Superwomen with Rebecca Minkoff

Hidden Gems: Amira Rasool of The Folklore

Superwomen with Rebecca Minkoff

Rebecca Minkoff

Society & Culture

4.8 • 543 Ratings

🗓️ 3 January 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

Because you’re a follower of RM and all things beautiful and unique, we assume you’ve heard of The Folklore. If you haven’t, however, it’s time to Get. On. It. The brainchild of Amira Rasool, The Folklore is both a DTC and wholesale marketplace connecting buyers to distinctive brands that have been geographically and racially marginalized. Here you’ll find brands across apparel, accessories, homeware, and beauty that utilize styles and materials unique to the countries they call home. A unique business model calls for a unique leader, and Amira has always been up for the challenge. The youngest Black woman to raise over $1M in a pre-seed round, Amira is evolving her leadership style as her business evolves, all while consistently investing in the success of small businesses around the globe. Thanks for listening!  Don't forget to order Rebecca's new book, Fearless: The New Rules for Unlocking Creativity, Courage, and Success. Follow Superwomen on Instagram. Guest Website TheFolkloreGroup.com TheFolklore.com Shop.TheFolklore.com AmiraRasool.com Social Media @thefolklore The Folklore Group @amirarasool Big Ideas Keeping investors on board when the business makes a pivot. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey, everyone, you're listening to Superwomen. Today's guest is Amira Rasul, the founder of the folklore.

0:09.7

The folklore is changing the way retailers and consumers discover African and diasporic grants globally.

0:16.0

And just this month became one of the youngest black women to raise a million plus in a precede round. Amira and I

0:22.9

spoke about her experiences as a fashion editor that led her to studying in South Africa that inspired

0:28.1

her to create the foreclore at just 22 years old. Take a listen. Amira, welcome to the podcast.

0:43.0

Thank you. I'm excited to be here. I was perusing your site and I was thinking to myself, why didn't I start shopping when I had time to this weekend? That's all I was

0:50.0

doing. It's beautiful, by the way. Thank you. Appreciate it. Yeah. So will you kind of start out and tell us a

0:57.6

little bit about what the folklore is? Yes. So the folklore group, we're a commerce company that

1:05.2

empowers diverse consumer product businesses and global markets. And so we do that through three different channels

1:12.3

through the Folklore Connect, which is our B2B wholesale platform where retailers can discover

1:19.0

and shop global brands across apparel, accessories, homework, and beauty, and be able to

1:24.8

place wholesale orders from them in a seamless manner online. And then we also

1:29.3

do that through the folklore marketplace, which is our consumer facing arm, which is a shopping

1:33.8

aggregate that collects, you know, these amazing products from multiple commerce websites and

1:38.4

makes it easy for consumers to find these diverse brands. And then we also do it through the folklore edit,

1:45.8

which is our, I would say it's like our media site. We really do like industry analysis,

1:52.3

news around the types of brands that we work with. And so when it comes to the brands that

1:57.5

we work with and that we support through these platforms. These are brands that

2:02.4

are either based in emerging markets, so places like Asia, Africa, South America, or if they're

2:09.3

based in a more established markets like the U.S. or Europe, they're of a diverse background.

2:13.6

So this could be black, Latinx, indigenous, Asian, etc. So it's really about supporting brands that have

2:21.4

either been geographically marginalized from being able to globalize their business or been

...

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