Online sales for Gucci parent company Kering were up 55% in 2021, a key driver in the company’s overall upward trend across its earnings results, according to a Thursday (Feb. 17) press release, which showed the company’s online penetration rates doubled since 2019 and are...
Activist investor Alta Fox Capital Management wants play and entertainment company Hasbro Inc. to make its Wizards of the Coast unit a separate entity and add five new board members as part of an overhaul to its business strategy. Get the Full Story Complete the...
Crocs are known for their simplicity. The Colorado-based footwear company says it delights in being confidently comfortable and (soon) a 100% vegan brand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Today’s chief financial officers (CFOs) are digitizing across every part of the business that finance touches. They are doing so to provide external customers with the service they want — and to give internal customers, like sales and product teams, the data they need to...
When accessing their digital financial accounts, customers want to have a choice of channels and devices to use. They also want to have a great user experience (UX), whether via a desktop website, app or mobile browser. Get the Full Story Complete the form to...
The Biden administration is looking more into private equity and alternative investments like hedge funds, CNBC reported Wednesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
With ransomware on the rise, the FBI is looking at cryptocurrency as the main way these cybercrimes are facilitated, Bloomberg reported Wednesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Check, a payroll infrastructure company, announced Wednesday (Feb. 16) that it raised $75 million in a Series C round led by Stripe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Bank of Russia is debuting a pilot stage for its digital ruble, the central bank digital currency (CBDC) it’s got in the works, CoinDesk reported Wednesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
