When Etsy announced its $1.6 billion acquisition of U.K.-based secondhand fashion reseller Depop last week, it was framed traditionally, as many sizable deals are: two like-minded companies coming together to enjoy the benefits of scale from their shared synergies and cultural values. Get the Full...
G-III Apparel Group is growing bullish on 2021, as the company racked up first-quarter results showing a turnaround from the previous year. The company also made some big changes by closing its Wilsons Leather and G.H. Bass stores. Get the Full Story Complete the form...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
The late payments fight is a complex one, requiring an understanding of both buyers’ and suppliers’ cash flow needs, their leverage in the market and their understanding of what constitutes responsible and fair payment terms. Get the Full Story Complete the form to unlock this...
The use of physical cash is dwindling among consumers, and the hospitality industry has been at the forefront of that shift as payments migrate towards cards. The change sets off a catalyst of payments digitization from the front to the back office, and the way...
Whether it is a multinational making payments to strategic suppliers or a business making payments to gig workers, the globalization of trade, and the massive shift to digital over the last 18 months have amplified the need to streamline the way that money moves between...
Uber in the U.K. is back in the driver’s seat as more people head out of their homes as COVID lockdown restrictions ease. Numbers returned to pre-pandemic levels and bounced back quicker than the rideshare giant expected, Financial Times reported on Monday (June 7). Get...
In the ancient world, trade between civilizations was highly inefficient. To conduct commerce, a seller and a buyer had to agree to converge in a common location and overcome the barriers of an uncommon language and currency. This friction led to the eventual rise of...
Last year, pop hit machine Taylor Swift publicly denounced labels’ and producers’ control of publishing, which comes down to royalties. For old-school rockers, Creedence Clearwater Revival (CCR) fans may recall that bandleader John Fogerty fought labels and bandmates for years over royalty rip-offs. Get the...