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Can The New England Patriots Brand Survive Losing Tom Brady?

PYMNTS

But while Brady won’t win any more titles for New England, his branding story is just getting started. By contrast, the Patriots’ branding problems are just beginning, experts say. People don’t see the distance between the brand and the person. People don’t see the distance between the brand and the person.

Branding 146
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Donna Karan Brand Sold For $650M

PYMNTS

This caps of a sometimes uneasy partnership – Donna Karan has publicly complained about LVMH’s stewardship of her brand since she retired officially last year. LVMH, on the other hand, reports they have actively looked for ways to revive the brand, mostly to no avail.

Branding 100
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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. But the brand’s presence in other struggling stores like Macy’s and Neiman Marcus has not helped its standing as of late, a Bloomberg report noted.

Delaware 160
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What happens when a payments power couple splits up

Payments Source

PayPal's brand is so ingrained with eBay sellers that its success forced the online marketplace to buy it in 2002. Even after the companies separated, their businesses remained intertwined. So it is no small decision for eBay to instead select Adyen as its primary payment processor.

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Groupon Gets New Activist Investor

PYMNTS

Merage and his family sold their company Chef America — best known for the Hot Pockets brand — to Nestlé in 2002 for $2.6 The company said it had been in a dialogue with MIG Capital, and was aware of Merage’s interest, evaluating him as a director candidate as part of its regular assessment of the board’s needs and makeup.

Capital 130
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China UnionPay Launches Debit, Credit Cards In Europe

PYMNTS

tech startup, to enable banks and FinTechs to offer individuals and companies branded cards. UnionPay was founded under a charter issued by the People’s Bank of China in 2002. The Financial Times , citing China UnionPay, the world’s largest card issuer, reported it inked a partnership with Tribe Payments , a U.K.

Cards 159
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JPMorgan Chase Crosses $1 Trillion Mark With Merchant Processing

PYMNTS

In February, The Wall Street Journal , citing sources close to the matter, reported that JPMorgan Chase’s deal with Amazon to offer its co-branded Visa credit card has been renewed. Amazon and the bank have had a relationship since 2002. American Express lost its co-branded deal with Costco, which eventually went to Visa/Citi.

Branding 100