Never underestimate the power of a blue puffer jacket. That, it seems, is the lesson from the first fashion item dropped into the market care of the Kanye West-Gap collaboration that will see Yeezy bringing its unique eye for design to the once iconic label...
Walt Disney brought in over $60 million from around the world from sales of its “Black Widow” movie by the way of Disney+ Premier Access. The flick brought in an $80 million haul at the domestic box office amid its introduction, CNBC reported. The film...
The value of Walmart’s Indian eCommerce venture Flipkart continues to rise, as its latest $3.6 billion round of fundraising has created the largest domestic tech venture that is now worth roughly $37 billion, the companies announced on Monday (July 12). Get the Full Story Complete...
Nordstrom has obtained a minority stake in the Topshop, Topman, HIIT and Miss Selfridge labels. Its investment will fuel the expansion of the brands around the world, according to a Monday (July 12) announcement from Nordstrom and British fashion retailer ASOS. Get the Full Story Complete...
Today is Chris Cracchiolo’s first day on the job at Walmart. The 19-year American Express veteran is taking over as the head of Walmart+, which is Walmart’s subscription program that launched last September as a foil to Amazon Prime. Get the Full Story Complete the...
Maybe it’s because they’re forever and even terrible pandemics aren’t, but sales of diamonds appear to be roaring back after a pandemic slump, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Live events took a beating in 2020 as COVID restrictions made gatherings of almost any size impossible. The most personal of live events — weddings — were perhaps the hardest hit as couples were forced to pick between downsizing to a handful of guests, going virtual...
In today’s top retail news, Warby Parker is looking to grow its brick-and-mortar retail footprint, while PriceSmart reported rising revenues amid plans to open new warehouse club locations. Plus, Levi Strauss reported better-than-expected sales and profit in Q2. Get the Full Story Complete the form...
Is the American mall in crisis mode? 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 form, you agree...