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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

PYMNTS

Designer Brands Inc. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. percent to $482.8

Branding 141
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Inspire Bets $11.3B That Its Brands Can Run On Dunkin’

PYMNTS

Private equity-backed Inspire Brands will be buying Dunkin' Donuts and bringing it private for a whopping $11.3 Dunkin’ Brands CEO Dave Hoffmann noted the acquisition was a testament to the progress Dunkin’s had made and maintained during the global pandemic leaving the brand “stronger than ever.”. “We Inspire’s Many Brands .

Branding 183
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Gap Brand CEO Stepping Down

PYMNTS

Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter results. While I am pleased with our progress in brand health and product quality, we have not achieved the operational excellence and accelerated profit growth that we know is possible at Gap brand,” Gap Inc.’s

Branding 100
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Powering eCommerce Food Brands With Plants (And Brownie Points)

PYMNTS

Today, Lam said her concept is a “vegan and gluten-free lifestyle brand and baking mix company that gives back.” (The Some other gluten-free or vegan mixes use almond flour, by comparison, which someone with a nut allergy may not be able to eat. It also has an email marketing strategy and does festivals to gain brand recognition.

Branding 140
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Under Armour Forecasts Sales Declines In 2020

PYMNTS

Those brands have reportedly made workout gear that is more fashionable, but Under Armour has remained focused on performance. . The sportswear brand also is more dependent on wholesale partners like Kohl’s. We view LULU growth, durability and ROIC [return on invested capital] profile as most similar to NKE.”.

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The rise of Monzo, Revolut, and Starling and a comparison of Facebook and Whatsapp

Lex Sokolin

To a venture capital investor, the embedded option is more attractive given a portfolio structure that requires unicorns. In American terms, you should think of Visa or MasterCard as a comparison, or maybe American Express. People just might switch phone brands for Facebook. As an example?—?would Nobody wants ordinary success.

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Citi Ventures Co-Leads Even Financial’s $25M Round

PYMNTS

Existing investors American Express Ventures, Canaan Partners, F-Prime Capital, GreatPoint Ventures, and Goldman Sachs also participated. B2B2C FinTech company Even Financial announced that it has raised a $25 million strategic round of investment led by Citi Ventures. This latest round has brought Even’s total raise to date to $50 million.