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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Honkook Kim and his Gentle Monster Brand is a perfect example. The Banking Innovation Playbook – Step 1: Find a Niche Kim looked at the market and knew he needed traction in at least a single segment where he could create a brand and a following for Gentle Monster. Find the gap in one segment and build success from there.

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Far Point Merges With Global Blue In $2.6B Deal

PYMNTS

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. Global Blue runs airport kiosks and storefronts that enable shoppers to get sales tax refunds when they return home.

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Ahead Of Primaries, It’s Taxes And Some Shrugs In NY

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The next president will have to grapple with far weightier tasks, among them sustaining job growth where it has been flowering and planting the seeds where the labor market has been barren. Breaking down growth by component, the overall, nationwide Index as tabulated by our research, grew faster than New York — much faster, at 3.7

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Luxury Retail Finds New Avenues As Brick-And-Mortar Fades

PYMNTS

Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Its new store offers a mix of women’s ready-to-wear items, along with jewelry, fine watches, home decor and art pieces. Part of the appeal is that customers can create relationships with brands.

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

PYMNTS

The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct. German Gov’t Looks Into Amazon’s Use of Its Market Position Amid Pandemic. DCN, a trade organization, serves media brands.

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As Classic Video Games Turn Into Collectibles, Can eCommerce Keep Up?

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It seems that old-fashioned video games are that hot new item, assuming they are in pristine condition and come in factory packaging, according to a new report in The New York Times. But there is always some kind of market for collectibles, and not just video games from a generation ago.

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J.Crew Continues To Slump

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The New York-based company reported a 7 percent loss in same-store sales last quarter as compared to 8 percent noted last year. The market, currently trading the company’s debt at a big discount, is saying that it’s unlikely that the equity has any value,” David Tawil, co-founder of New York-based Maglan Capital LP, told Bloomberg.

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