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H&M Seeks To Shutter Cheap Monday Brand  

PYMNTS

The world’s second biggest fashion retail firm, H&M, is shuttering its independent brand Cheap Monday, the company said on Tuesday (Nov. The brand had been owned by H&M through its 2008 acquisition of Fabric Scandinavien AB, which was the owner of Cheap Monday. 27), as reported by Reuters.

Branding 122
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Retail 2020: Looking Back On D2C Brands

PYMNTS

Direct-to-consumer (D2C) brands came in two flavors during 2020. The second flavor were the brands that had seen traction before the pandemic and flourished during it with innovative marketing, fresh business models and cool packaging. The seven-year-old D2C hybrid brand has received $4.7 That group is more exciting.

Branding 162
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Amazon Gains More Exclusive Product Lines From Outside Brands

PYMNTS

That move comes as Amazon has had trouble wooing some direct-to-consumer brands. Amazon wants “consumer goods companies to create brands exclusively for Amazon after finding that developing them on its own is too costly and time-consuming, according to people familiar with the strategy,” stated a report in The Wall Street Journal.

Branding 145
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Diesel USA Plans To Restore Brand Through Bankruptcy

PYMNTS

Diesel Chief Restructuring Officer Mark Samson said in court papers, according to the news outlet, “The new management team has formulated a new strategic path over the next three years to restore the Diesel brand in the U.S., return the [company] to its prerecession profitability, ensure its ability to continue operating in the U.S.,

Branding 118
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Retail Brands Abandon Clothing Orders Amid Drop In Demand

PYMNTS

Experts in retail claim the slowdown appears to be much more negative than the 2008 financial crisis. At that time, brands were impacted by less consumer spending. Primark owner Associated British Foods and Peacocks Stores Ltd., for their part, have halted or called off orders.

Branding 100
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Branding your accounting firm online

Abrigo

Many of the world’s biggest brands have interesting back stories to their famous names and slogans. Pepper was created in a drugstore and the brand got their household name from the father of a girl the owner of the store was once in love with.

Branding 170
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Building A Base Of True Capital

PYMNTS

Noting that customer loyalty was a critical factor for restaurants that survived the 2008 market crash, Paytronix CEO Andrew Robbins told PYMNTS, “When the current black swan finally departs and restaurants begin to reopen, we hope those that truly invested in developing strong relationships will survive.”

Capital 150