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Target Market News launches Chicago business publication


Target Market News has introduced Black Business Chicago, a new monthly which will spotlight news and features on Chicago's African-American businesses, corporate executives and local economic issues. The publication will also be supplemented by a Web site, blackbusinesschicago.com, that will provide updated coverage of relevant business news on a daily and weekly basis between issues of the monthly print publication. Click for more
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Buying Power report: Blacks spend as economy grows
New 16th edition shows $507 billion in spending



The finding comes from the 16th annual edition of "The Buying Power of Black America" report. In 2009, black households spent an estimated $507 billion in 27 product and services categories. ...

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Paddington Brands forms partnership with AP & Assoc. for multicultural effort

(August 14, 2011Paddington Brands announced today that it has entered into a strategic partnership with AP & Associates, LLC to activate their beer, spirits, wine and beverage brands across the important multicultural, entertainment and sports related channels. Alan "AP" Powell (pictured) helps develop, grow and convert brands into profit from activation, opening up new segments, licensing, strategic partnerships and capital formation.

"I've known AP for several years and have always admired his business acumen and acute insights into how brands connect with consumers," said J. Smoke Wallin, chairman and CEO of Paddington Brands. "AP is a national leader at the critical juncture of where brands intertwine with people's culture -- creating that special magic that can turn a good business into an explosive one. Paddington is very pleased to engage with AP with all our brands."

"I love to watch Smoke work. He has assembled an amazing array of powerful young brands that given the right kind of attention will ignite in the multicultural, entertainment and sports worlds that I live," said Alan "AP" Powell, chairman & CEO of AP & Associates, LLC.

Mr. Powell immediately becomes a Managing Director for Paddington and will work to engage the company's brands in strategic opportunities. In addition, he will work closely with Smoke and the team to develop new brands and joint ventures across the entire beverage spectrum.

Paddington today owns and/or markets 3 Amigos Tequila, Napa Smith Brewery & Winery, Agoston Wines, Marisco Wines, La Piazza Wines, and Gemtree Wines.

Arizona-based AP & Associates, LLC fosters strategic alliances between brands, entertainment and sports related companies through direct access to Fortune 500 executives, top entertainment and sports talent for new and existing brands.

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