In today’s top payments news around the world, Mytheresa parent company MYT Netherlands Parent B.V. said it has filed a registration statement to go public, while Jack Ma’s Ant Group is said to be considering moving all of its financial services units to a holding...
Now that the holiday shopping season is over and the returns season has begun, the department store doomsayers are back. With Mastercard’s holiday spending report released Monday (Dec. 28), the numbers for the sector stand in stark contrast to the rest of the retail industry....
VF Corporation has closed on its purchase of Supreme for a $2.1 billion aggregate base purchase price, which is “subject to customary adjustments for cash, indebtedness, working capital and transaction expenses.” The international streetwear brand has become a VF Corporation wholly-owned subsidiary with the deal,...
Jack Ma’s Ant Group is considering moving all of its financial services units to a separate holding company that would be regulated like a bank, Reuters reported on Tuesday (Dec. 29), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...
Returns made through Returnly’s system increased by over three times on Saturday (Dec. 26) in contrast to an average return day in the United States, according to a Tuesday (Dec. 29) press release. Get the Full Story Complete the form to unlock this article and...
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Although it occurred under dire circumstances, 2020 was the year that many organizations finally ditched the paper check in B2B payments — or, at the very least, helped to move the needle toward electronic payments. Get the Full Story Complete the form to unlock this...
Traditional financial institutions (FIs) continue to anticipate future demands and make progress in their modernization efforts, but they’re not doing it alone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
MYT Netherlands Parent B.V., parent company of luxury online retailer Mytheresa, announced that it’s filed a registration statement with the SEC for an initial public offering (IPO), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...
