As part of a wave of fledgling cosmetics lines capitalizing on social media and celebrity founders, Kylie Jenner’s Kylie Cosmetics is on pace for approximately $200 million in sales this year. Coty Inc. is now paying $600 million for a controlling stake in the firm as...
With the rollout of its own competing service, the Chinese firm behind the popular TikTok video app is set to rival players such as Apple and Spotify in the music streaming market. ByteDance is in discussions with the biggest record companies around the world for...
Walmart-owned Sam’s Club has appointed Kathryn McLay to serve as president and chief executive officer, replacing John Furner, who this month succeeded the departing Greg Foran as Walmart U.S. CEO, Fox Business reported on Friday (Nov. 15). Get the Full Story Complete the form to...
While Sears Roebuck gets all the credit for inventing the mail order catalog business in the United States, in historical terms they were actually a bit late to the game. The first catalogs date back to the Middle Ages, when people used them to buy...
Under Armour CEO Kevin Plank has responded to allegations that he borrowed business from quarters in the future to mask slowing demand for the company’s offerings in 2016, according to a report by CNBC. Get the Full Story Complete the form to unlock this article...
Earlier this week, Nike announced it will no longer sell its wares on Amazon, instead opting to follow a growing trend in eCommerce where companies sell directly to consumers (DTC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The idea of shopping while watching TV is not exactly new or untrodden ground. The Home Shopping Network (HSN) has been around for over 40 years, QVC for over 35 and in the last decade or so the concept of shopping the digital stream has...
Retail sales rose 0.3 percent in October, rebounding from a 0.3 percent drop the previous month, CNBC reported on Friday (Nov. 15), citing a U.S. Commerce Department report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Data service provider Bossa Nova announced it has developed a new artificial intelligence (AI) and automated solution for inventory data management, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
