When Gap bought Athleta in 2008 for $150 million, the move didn’t cause much of a stir — beyond being considered a hedge play by the retailer against the exploding popularity of Canadian athleisure brand lululemon, which debuted its initial public offering (IPO) in 2007. Get...
Beginning in February, Target will have a new lifestyle clothing brand for women featuring lots of denim and even lower prices than its current women’s apparel lines. The private label line, Universal Thread, will include tops, dresses, accessories and shoes priced between $5 and $39.99,...
Until recently, the QR code was one of the great contenders in the race to ignite mobile commerce. But according to new reserach from Juniper, the humble QR code may be facing a rich second life as a driver of mobile loyalty. Get the Full...
One year after Under Armour launched three pairs of connected running shoes at the 2017 Consumer Electronics Show (CES), the sports apparel giant has unveiled two more — the Hovr Phantom and Hovr Sonic, TechCrunch reported. Get the Full Story Complete the form to unlock this article...
A new blockchain accelerator, MState, has found some high-profile backing. 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...
Alkami Technology, a startup providing banks and credit unions with digital banking technologies, has announced new funding. 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...
There are a lot of factors that make B2B payments in the construction industry a challenge. One is a culture of delayed payments, and another is the mobile nature of the market, with professionals working on-site and always on the go. Get the Full Story...
Enterprise blockchain company Money By Design is planning an initial coin offering (ICO) and hopes to secure more than $350 million through the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Just like the volatility of bitcoin, the world of blockchain is no stable place. Hype over distributed ledger technology (DLT) has certainly led to a bump in shares for companies operating in the space — and even for some companies with seemingly no connection to the...