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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. Dr. Jart+ was founded in Seoul in 2005 and sells masks, moisturizers, serums and cleansers under names such as Ceramidin and Cicapair, Deal Street Asia reported. Have & Be also owns Do The Right Thing, a men’s grooming brand. Coty Inc. ,

Branding 101
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Klarna Debuts Social Shopping In The UK

PYMNTS

Despite the shifting retail landscape, consumers are still looking for inspiration, convenience and value — and it’s become obvious that shopping online now goes far beyond just a transaction,” said CEO Sebastian Siemiatkowski in a statement. Founded in 2005, Klarna said it now has a valuation of $5.5

Samsung 189
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Retail Pulse: Brookstone Files For Bankruptcy; Kroger Launches New Delivery Service

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Brookstone , a specialty retailer known for massage chairs and gadgets, used to be a must-see mall retailer. malls, Brookstone is now the latest major brick-and-mortar retailer to announce that it has filed for bankruptcy protection. Both have operations online under new owners, reported The Wall Street Journal.

Retail 100
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Louis Vuitton Launches eCommerce Site In China

PYMNTS

French fashion brand Louis Vuitton , part of LVMH , announced that it has launched an eCommerce website in China. According to Reuters , the move comes as the luxury retailer tries to tap into the country’s booming online shopping market. But now online is getting a boost.

Branding 108
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Razer Gaming Company Teams With Visa For Online Payments

PYMNTS

Razer, which was founded in 2005, has 18 offices around the globe and headquarters in both Singapore and San Francisco. It is a leading brand for gamers in Europe, China and the United States. The integrated service is expected to roll out in select countries in Southeast Asia before expanding across the world.

Company 100
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Online Marketplaces Catching Up To Offline World

PYMNTS

Why should merchants be the only ones who get to leverage the speed, convenience and low-friction environment of the online marketplace? But these rapidly growing service marketplaces are easily overshadowed by their retail counterparts such as Amazon, Alibaba, eBay and even Walmart. As it turns out, they aren’t.

Online 113
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Cyber Monday: Sales Records Abound For Obsolete Holiday

PYMNTS

The pandemic has rendered what started in 2005 as a reason for people to shop at work after a long holiday weekend meaningless. Yes, the numbers were there – but Cyber Monday is just a speed bump in the digital-first economy’s headlong rush to dominate retail in 2020. online shopping day ever, according to Adobe Analytics data.

Online 152