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Chinese Millennials May Save Luxury Brands

PYMNTS

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

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Pandemic Leads D2C Pet Brands To Navigate Digital Shift

PYMNTS

It is a $75 billion industry dominated by millennials and ripe with opportunity for direct-to-consumer (D2C) brands. Several of them are navigating changes in the market brought on by the pandemic-led digital shift. and European Union markets with a D2C product for cats. You can’t compete without a strong brand.

Branding 166
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Addressing the Need for Personalization in the Financial Services Industry

Perficient

Your brand is the beacon of authenticity for a personal experience. What does your brand portray to the market? In the financial services industry, security, stability, and protection are foundational brand values from which to deliver customer experiences. Tell – Authentic, Relevant Brand Messages and Experiences.

Industry 294
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Millennials Give Banana Republic A Big Thumbs-Down

PYMNTS

.’s general comeback troubles are well-known, and it looks like it has an especially high mountain to climb when it comes to attracting the young and fashionable to its high-line brand Banana Republic. Really a lousy string of results — 48 percent of millennials polled said they disliked the chain, as opposed to 22 percent who liked it.

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Airbnb Competitor Domio Lands $100M; Aims To Double Market Share

PYMNTS

Domio , a startup that designs and rents apartment hotels, has raised $100 million in funding to expand both nationally and globally to 25 markets by 2020, according to reports on Tuesday (Dec. The company’s Series B round was led by GGV Capital. It is currently in 12 markets. The funding round closed in late summer.

Marketing 101
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Estee Lauder Agrees To Buy Asian Beauty Brand

PYMNTS

In what is reportedly its first acquisition of an Asian beauty brand, Estee Lauder Cos. Have & Be also owns Do The Right Thing, a men’s grooming brand. by buying hot brands and focusing on younger shoppers across the industry. He noted that the brand is attractive for its online presence and skincare business.

Branding 101
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Second Biannual ‘Afterpay Day’ To Feature More Than 6K US Brands

PYMNTS

The company will partner with top fashion and beauty brands and retailers for the event, which offers its two million U.S. market just over a year ago and is now signed with over 6,500 U.S. Customers can shop a record amount of amazing deals from the most loved fashion and beauty brands. customers access to special promotions.

Branding 117