LVMH said Tuesday (July 20) it was taking a 60 percent stake in Off-White LLC, the fashion brand founded by 40-year-old rapper and designer Virgil Abloh. After the acquisition, Abloh will keep a 40 percent interest in Off-White and stay on as the creative director of the brand,...
Verishop is partnering with Snapchat to launch a social commerce experience within the popular image-sharing app, in a move that marks an escalation of an already intense arms race to expand eCommerce capabilities on social media. Get the Full Story Complete the form to unlock...
A new private brand from Macy’s Inc. launching this week follows the company’s pre-pandemic plans for reinvention, as the brand that defined “department store” transitions to a “digitally-led omnichannel retailer” and tries to court younger consumers. Get the Full Story Complete the form to unlock...
Amid a growing eCommerce market in Latin America, eCommerce software platform BigCommerce has teamed with Mercado Libre to let BigCommerce merchants sell in Latin America on Mercado Libre’s Marketplace, according to a Tuesday (July 20) announcement. Get the Full Story Complete the form to unlock this...
It may be the dog days of summer, but retailers are already busy planning for a holiday season geared toward experiential, but less expensive, gifting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With the rise in online grocery occasioned by the pandemic, consumers have grown used to being in control of their shopping journey. The digital buying experience is, after all, entirely self-guided. Now, with the return to shopping in brick-and-mortar grocery stores, many consumers are noticing,...
Victoria’s Secret will be spinning out of parent company L Brands into a new public entity as of next month, CNBC writes, as the fashion company tries to move on from its usual place in traditional malls. Get the Full Story Complete the form to...
Today in restaurant and grocery news, Uber Eats announced that it is doubling its grocery delivery availability, while Panera Bread adapts its catering business to hybrid remote/office workers. Plus, Walmart is growing its private-label wine offerings. Get the Full Story Complete the form to unlock...
Online eyewear retailer Warby Parker is making updating both glasses and contact lens prescriptions easier with an update to its iOS app, The Verge reported on Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
