German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle of the range it had initially sought, valuing Birkenstock at over $9 billion, The New York Times reported Wednesday (Oct....
The state of the aspirational shopper has remained the same since the last quarter, according to LVMH. As a refresher of the unchanged shopper, in the previous quarter, the luxury conglomerate said that last year middle-income shoppers with disposable income indulged in luxury handbags and...
There’s a personal finance trend on TikTok that is reshaping spending habits humorously, and it’s being referred to as “girl math.” So, what is girl math all about? To put it plainly, it’s the way females rationalize their spending. Female TikTokers are explaining that in...
Revolut has launched the latest version of its app — Revolut 10 — for its more than 35 million global accountholders. “You asked for all things money made easy, so we challenged ourselves to see how easy we could make Revolut 10,” the neobank said in a Tuesday...
Shoppers are reportedly opting for affordable items during Amazon’s fall sale for Prime subscribers. Early data from the retailer’s Prime Big Deal Days event reveals that price-conscious shoppers are primarily gravitating towards low-cost kitchen gadgets and apparel instead of splurging on big-ticket items, Bloomberg reported Tuesday (Oct....
Plenful has raised $9 million to continue bringing its artificial intelligence (AI)-powered workflow automation platform to healthcare and pharmacy operations. With more than 20 health systems and pharmacy customers utilizing its platform, Plenful aims to improve efficiencies in patient care while combating staff burnout, the company...
Sopra Banking Software (SBS) has launched its artificial intelligence (AI)-enabled core banking system, the SBP Core Platform. The cloud-native platform harnesses the power of cloud technologies and artificial intelligence, the global FinTech company said in a Tuesday (Oct. 10) press release. The SBP Core Platform features an...
Delivery management platform Bringg has debuted a tool to streamline last-mile delivery. The company’s ROAD offering, announced Tuesday (Oct. 10), is designed to help companies “mitigate the risk of change management within the last mile of delivery by dividing the process into three tiers, each serving a different stage...
With Amazon reportedly in discussions with Waitrose, eCommerce giant seems to be moving further into the grocery aggregator space, and if these efforts make their way to the U.S., the company could soon wage battle against Instacart. London-based publication The Telegraph reported that Waitrose, a...
