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Amazon Surpasses Google, Apple As Most Valuable Brand

PYMNTS

Amazon is officially the world’s most valuable brand, valued at $315.5 The rankings were released on Tuesday (June 11) and come via the BrandZ Top 100 Most Valuable Global Brand ranking 2019, which is put together by the WPP research agency Kantar. Other brands in the top 10 were McDonald’s, Visa and AT&T. billion).

Branding 139
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High-End Fashion Site Mytheresa To Start Trading On NYSE

PYMNTS

He added that Mytheresa is “in a position of strength” as highlighted by its unique value proposition for brands and customers, and the company’s “profitable growth that has proven to be enduring and scalable.”. Mytheresa , which launched in 2006, claims to be “one of the leading global luxury fashion eCommerce retailers.”.

Branding 220
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Department Store Closures Expected To Tick Up As Brands Try To Recapture Revenue

PYMNTS

Those closures are not exactly evenly spaced — Sears is looking at 300 locations (43 percent of its stores) — to put it back on track to be earning per square foot what it was bringing in in 2006. Department store sales average $165 per square foot in 2015, a 24 percent drop over 2006. Sears is not alone. Sears is not alone.

Branding 100
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Teen Spending Plummets To A 20-Year Low

PYMNTS

Annual spending by teens peaked in 2006 at $3,023, the survey said. Spending on purses and bags peaked in the spring of 2006, as teens said they spent $197 annually on the category, the survey said. The nationwide survey of 9,800 consumers conducted between Aug. 19 and Sept. That’s a 9 percent year-over-year decline.

Survey 255
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Payroc Expands Payment Processing Services With Bluestone Payments Acquisition

PYMNTS

Bluestone Payments, founded by Linda Rossetti and launched in 2006, connects merchants in niche markets to payments programs through a referral system. Payroc processes payments for over 66,000 merchants in 46 countries and also offers full-service merchant acquiring solutions and card brand network payments sponsorship registrations. “I

Payments 251
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Cloud Software Co. Mirakl Raises $300M

PYMNTS

Last spring, Nussenbaum told PYMNTS that the company was bringing back-end marketplace services, including merchandising and fulfillment tasks, to retailers and brands in a variety of retail niches. He said such digital technology is making it easier for sellers, brands and consumers to connect.

Software 220
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JCPenney, Sephora To Maintain Partnership For In-Store Experience

PYMNTS

SiJCP, which debuted in 2006, is described as an “exclusive beauty experience” available in some JCPenney locations. It provides a curated assortment of fragrances, makeup, haircare and skin brands. The beauty brand said in a past report that it filed separate court papers to dismiss the case.

Branding 130