It is possibly the worst kept secret in retail. That Detroit-based sneaker resale platform StockX is looking to go public is hardly a revelation, given a string of fundraisings that, as of April, left it with a $3.8 billion valuation. Get the Full Story Complete...
Basketball Hall of Famer Shaquille O’Neal and Authentic Brands Group filed for three trademark applications for the word SHAQ last month for “non-downloadable virtual footwear, clothing, headwear, eyewear” and more “for use in virtual environments,” Footwear News reported Wednesday (Jan. 12). Get the Full Story...
Even as it was reporting a record net profit of 93.5 billion yen ($816 million) for the first quarter of fiscal 2022 that ended Nov. 30, Uniqlo owner Fast Retailing warned that uncertainty related to the ongoing spread of the COVID-19 pandemic could mean trouble...
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Gap has recruited the artist behind Frank Ape to launch its first collection of nonfungible tokens (NFTs), the fashion retailer announced Wednesday (Jan. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
About five years ago, Toyota saw that potential customers who were shopping for cars online were turning to third-party websites to get some information they couldn’t get elsewhere. Toyota sites, regional sites and dealer sites were not always consistent across the country and didn’t always...
Retailers J Sainsbury, JD Sports and Dunelm all upgraded their earnings forecasts after they enjoyed a flurry of activity during the holiday shopping season, enough to overcome ongoing supply chain snafus and increasing costs of goods and services across the board during the COVID-19 pandemic....
Hoping to bottle the emotion it calls “Usedphoria,” General Motors driving into online used vehicle sales is the latest and largest example of brands retaking control of reCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Bain Capital and CVC Capital Partners are putting together a multibillion-pound joint bid for pharmaceutical giant Boots, according to multiple reports Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
