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Estee Lauder Agrees To Buy Asian Beauty Brand

PYMNTS

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. The cosmetics company was reportedly among the final bidders for Drunk Elephant, a millennial and Gen Z skincare brand, but lost out to Shiseido Co. for approximately $1.1

Branding 101
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Twitch Buys Bebo In eSports Push

PYMNTS

Bebo began in 2005 as a social networking platform by Michael and Xochi Birch. The company was sold to Criterion Capital less than two years after, and the Birches purchased it for $1 million in 2013. It was said to have become “the market leader” in some countries such as Ireland and the U.K.

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How Toys R Us Kids Became Amazon Adults (And What’s Next)

PYMNTS

Though, as countless have pointed out over the last five years or so, millennials did make a valiant effort holding off that process by having their mothers do their laundry for as long as possible. These days, though, we call them Bridge Millennials. ” The Changing Buying Habits Of Millennial Parents.

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Consumer Credit Update for 2Q 2023

South State Correspondent

Consumer Credit – Mortgage & HELOC Originations are down to the lowest level since 2005. Capital rotation is to HELOCs and away from autos. Within autos, the capital rotation is for new cars over used cars. Consumer Credit – Cards There is a shift of capital occurring to the prime tiers of cardholders.

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Seven Things To Know About The Gig Economy

PYMNTS

percent of Americans in 2005. They capitalize on specialized skills like photography or graphic design. The Millennial Majority. You might know these folks as millennials, and they comprise only 23 percent of the non-gig workforce. Here are the seven “need to know” points that tell the story. Fast Growing. In 2015, 15.8

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The Rise And Fall Of Toys R Us

PYMNTS

Millennials across America singing “I’m a Toys R Us kid” in as solemn a fashion as possible this week are a testament to that. Or perhaps it was when the company was bought out by private equity firms in 2005. Private equity firms Bain Capital, Kohlberg Kravis Roberts and Vornado Realty Trust took Toys R Us private in a $6.6

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Baby Boomers Vs. Millennials: Home Renovations Edition

PYMNTS

As to be expected, baby boomers and millennials were at different ends of the spectrum in terms of the types of houses bought, differences in improvement choices and amount of money spent on repairs. As we reported back in February, millennials are saddled with much more debt than baby boomers were at the same age.