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Why L’Occitane Bought Elemis

PYMNTS

Earlier this week, Hong Kong-listed luxury cosmetics firm L’Occitane International SA announced its intended $900 million acquisition of British beauty and skincare brand Elemis. The deal is the latest in a spate of acquisitions of high-end skincare brands. billion), while Unilever snapped up Carver Korea Co. billion euros ($2.5

Branding 123
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Former Saks CEO On Retail’s Big 2018 Holiday Jump

PYMNTS

There is a decent chance that the 2018 holiday season will be remembered as a time when it became much more clear that survival in the cutthroat pursuit of commerce depends on the stories one can tell about a product or brand. That includes having the analytical chops that the eCommerce operator has. Apparel booked a 7.9

Retail 156
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How Home Depot’s Hedging Against A Downturn With Digital

PYMNTS

It was, by all accounts, a good year — pushed by a strengthening economy, a warming eCommerce market and and an emerging generation of millennial homeowners suddenly in need of do-it-yourself home improvement supplies. billion investment in improvements across the brand.

Retail 101
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Grocery Tracker: Discount Games

PYMNTS

Shopkick recently announced it had opened up Shopkick Grocery to brand and grocery partners, inviting participation in the upcoming consumer launch of Shopkick Grocery, currently slated for early April of this year. Additionally, some 60 percent of beta users tried new products or brands to earn Kicks. grocery stores.

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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. If the 6 percent compound annual growth rate (CAGR) of the global market since 2010 for luxury goods is a decent clip, the online CAGR is a gallop at about 27 percent for the same period.

Online 101
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The 2019 GonzoBanker Awards

Gonzobanker

The workplace a millennial will most confuse with Silicon Valley – Live Oak Bank in North Carolina. Sweet Deal for the Acquiree) Award –Goes to Honey Science Corporation for its $4 billion acquisition by PayPal with Honey keeping its brand and HQ. The Branding Name-Thud Award – Goes to BB&T + Suntrust becoming Truist.

Idaho 148
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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.