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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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Cloud Software Co. Mirakl Raises $300M

PYMNTS

Alexandre Margoline , a partner at Permira, said in a statement that Mirakl can become the central hub and platform for digital marketplace operators, sellers and partners. . He said such digital technology is making it easier for sellers, brands and consumers to connect. Siemens AG and Hewlett Packard Enterprise Co.,

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

PYMNTS

JCPenney and Sephora said in the announcement, “Both companies worked constructively to resolve outstanding legal matters and have agreed to mutually beneficial revisions to their joint enterprise operating agreement.”. SiJCP, which debuted in 2006, is described as an “exclusive beauty experience” available in some JCPenney locations.

Branding 130
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Slimmed-Down Albertsons IPO Raises $800M

PYMNTS

Albertsons’ IPO is the culmination of a saga that began in 2006 when private equity firm Cerberus Capital Management took a major position, with plans to grow the chain into one of North America’s gargantuan power grocers. billion fundraise once anticipated. Shares rose some 1 percent to $16.18 shortly before noon ET.

Idaho 224
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Elizabeth And James Rises Again At Kohl’s

PYMNTS

Toward the end of last year, Elizabeth and James announced it would be shutting down its stores and in-house operations – another middle-market victim of the great retail reset. Their first entry was an eponymously named line for Walmart that launched in the early 2000’s. ” Will it work?

Branding 149
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How Toys R Us’ Demise Could Benefit Amazon And Other Retailers

PYMNTS

Amazon could take over some of Toys R Us’ stores, which may be soon vacant as the retailer winds down its operations. And while Amazon doesn’t want to keep the Toys R Us brand, it could use the space to display its own products, Bloomberg reported. Unhappy Suppliers. Not all businesses could gain from Toys R Us’ losses.

US 139
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Decoupled Debit — Again?

PYMNTS

Capital One made the headlines then – a genius move, many called it at that time, for an issuer that lacked demand in deposit accounts and had no other way to provide a debit-like offering that would make their brand sticky to consumers. Just like 2012, with the launch of MCX and CurrentC merchant-branded, ACH-linked mobile payments products.

Branding 184