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Fashion Brand Marine Layer Tries New Business Line As Airbnb Landlords

PYMNTS

Known primarily for a laid-back, soft-spun California beachy chic, the fashion brand Marine Layer is trying their hand at a new expansion in retail as Airbnb landlords. Those apartments will be found above the brand’s New Orleans outpost. The firm is also looking to expand further, with locations in Washington D.C.,

Branding 108
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No Candy: Godiva To Close US Stores

PYMNTS

In addition to its traditional boutique candy shops, the new locations have included cafes. The states with the most locations are California with 20, New York with eight and New Jersey with eight. They are in 31 states and Puerto Rico.

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The Many Pivots On The Path To A Multi-Million Dollar Skincare Brand

PYMNTS

One might assume the hardest part of building a product to disrupt the traditional sunscreen industry would be actually formulating a new brand of sunscreen. With the new leadership, other changes came. And so far, despite a few pivots, Supergoop is still there and still an independent brand.

Branding 108
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Far Point Merges With Global Blue In $2.6B Deal

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billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Airports connect luxury brands with consumers looking for something different they can’t buy at home.

Taxes 130
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Toys“R”Us Locks Down $3.1 Billion In Financing

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billion in financing, a big vote of investor confidence for the toy and game retail brand which had recently declared bankruptcy. It has also opened a specialized concept shop for the holiday season in New York City’s Time Square, a separate Chain Storage Age news report noted.

US 115
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Zoovu Raises $14M To Expand Use Of AI Digital Sales Assistants

PYMNTS

Zoovu, a company that provides artificial intelligence (AI)-powered digital assistants in a software-as-a-service suite for brands, has raised $14 million in a series B financing round, according to reports. The startup, which is based in New York, aids brands in building and utilizing digital experiences to integrate into websites.

Branding 116
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Aftermath: Retailers Try To Focus On Recovery

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Retail locations of all types and brands went unspared, from Los Angeles to New York City, as protests turned violent. The hardest-hit area appeared to be New York City. Several local news outlets reported broken windows and looting from the city’s SoHo district all the way to posh upper Fifth Avenue.

Retail 131