Leadership in Action: Clothiers Murry and Karen Penner Celebrate Family Business’ 50-Year Anny
Al Torres
Oct. 8, 2024
How did you get where you are today? We’ve stayed true to the vision of the store’s founder, Morris Penner, who relentlessly sought out unique product, with exceptional quality being a key element. Morris always used to say, “The fastest way to lose a customer is to bore him” and we agree. A percentage of every season’s budget is allocated to something new and unique. While product is key, it’s not enough. Having an excellent staff and discipline in business practices is also critical.
Whom do you credit? MP: I guess I could say that retail is in my blood. My grandfathers on both sides owned men’s clothing stores and my dad opened M PENNER in 1974, so a great deal of credit goes to them. Dad had incredible vision and created a unique niche in Houston’s menswear landscape in the mid 1970’s by focusing on European fashion brands and styles. He quickly became known as a maverick in the industry, bucking the predominantly “American brand trend” of the time. A great deal of credit also goes to the people who work with us, from the sales team to the tailor shop. I also credit Karen and my son, Jeremy, whose dedication keeps us grounded and focused.
What is it like running a family-owned business? Chaos. But seriously, through ups and downs, for us, it’s the best of the best. We get to set the tone and define the culture of the business. Our employees are our family and we treat our clients like family, too. There is a noticeable warmth that permeates the atmosphere at M PENNER and we love that. When you run a family owned business, the bottom line is clear - the buck stops with us.
What lessons have you learned that might enlighten and inspire others? While running a family business certainly can be chaotic, the truth is that it is also very gratifying. And that’s because we have learned a few important lessons. Have clearly defined roles and be clear about who makes the final decision. Find your niche in the market and stay in your lane. Clarify your goals and refer to them repeatedly to stay on track. Hire great people; trust them and let them shine. Stash the cash - in our 50-year history, there have been great years and there have been tough years. Keep enough money in the bank to help get through the tough years. Pay attention to the details. Don’t sweat the small stuff.
What is your biggest accomplishment? MP: It goes backwards and it goes forwards - being in business for 50 years and carrying on the legacy of my dad’s vision and now working with my son in the store. Being known in the men’s specialty store industry as one of the best stores in the country is extremely gratifying. We can’t wait to celebrate our 50th in December!
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‘You’re the Inspiration’: Generous Donors Give $6.2 Mil to Kids’ Charity as Famous Band Takes Stage
Michelle Watson/Catchlight Group
Oct. 31, 2024
THE HOUSTON CHILDREN'S Charity gala is always anticipated, thanks to the big-deal musical acts brought in to entertain; this year it was Chicago. But the headliners this year were the generous donors, who seemed to surprise even event organizer with their largesse, with a total till of $6.2 million, a record.
The gala, overseen by HCC CEO and longtime philanthropic leader Laura Ward, was staged at HCC co-founder and board chair Tilman Fertitta’s Post Oak Hotel, drawing in hundreds of supporters and revelers. The millions raised will “directly fund programs that improve the quality of life for Houston’s underprivileged, abused and disabled children who have been otherwise left behind,” said a rep for the nonprofit.
A slew of notables took the stage at various times to spur giving, give moving testimonies of the good HCC does, and goose the elaborate auction. These include hip-hop star and mogul 50 Cent, football great Andre Johnson, Feritta, Mayor John Whitmire, HCC vice chair and longtime generous donor Gary Becker, and, calling in on remote camera, Hollywood star Jeremy Renner.
Richard and Jana Fant, honorees for the evening, offered one of the big surprises of the night, pledging to by 30 vans for HCC’s program that offers specially equipped vans to families with seriously disabled and otherwise immobile children. Other big donors included auction winners Gary Petersen, Katie and Mike Lowenberg, Randy Hopper, Anthony Pusch and Chi Nguyen, paying $500,000 for a unique dinner party.
Another fun auction item was a Porsche all-electric Macan 4, donated by Porsche River Oaks and Porsche West Houston.
“Finally, the crowd rocked the night away as the legendary band Chicago took the stage, delivering an unforgettable performance of their greatest hits, including ‘Saturday in the Park’ and ‘You're the Inspiration,’” noted the HCC rep.
VIPs spotted in the crowd included Supporters and notable guests included Rachel and Jeff Bagwell, Michael Carr, Gaston, Kim Ogg, Bess and Rob Wilson, Hallie Vanderhider and Bobby Dees, Alicia Smith, Brigitte Kalai, Tom and Carol Sawyer and Sherri Zucker.
Kristen Cannon, Anna Reger, Maria Moncada Alaoui and Marie Taylor
Jana Fant, Richard Fant and Laura S. Ward
Gary Becker
Chicago performs.
Pam Ware, Gary Petersen and Stephanie Fernandez
Jeremy Renner calls in.
Edna Meyer-Nelson and Joe Mallon
Hallie Vanderhider and Bobby Dees
Mike Lowenberg and Katie Lowenberg
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EVEN THOUGH WE hope things cool down outside, some folks in Houston are about to get even hotter with the arrival of trendy fitness studio Ritual One next month in Uptown Park. The Dallas-based concept will offer classes like Power Sculpt, Hot Pilates, Power Yoga, Inferno Flow, and Inferno HIIT — all taking place in its infrared-heated studios.
Ritual One was founded by two “power yoga” gurus, Kalene McGraner and Nicole Preston, who wanted to bring an elevated and more luxe feeling to the yoga experience. The Houston studio will offer beautifully designed locker rooms, an infrared heating system, and an air purification ionization system.
The heat — class temperatures range between 95 and 102 degrees — promises to help increase blood flow, boost metabolism, burn calories, torch fat and detox the body. “We spent several years researching heaters and ionization systems to create state of the art systems in our rooms that promote and maximize detoxification and heat you from the inside out,” says McGraner. Meanwhile, the air purification ionization system kills bacteria while ensuring the air is well-oxygenated.
In addition to detoxing, Ritual One is determined to assist in reducing pain and inflammation: Every studio is equipped with antimicrobial and shock-absorbent floors to minimize impact and prevent injury.
Ritual One is currently under construction and will occupy the former Revolution Cycling Studio space located at 1121 Uptown Park Blvd., Suite 9.
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