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How TikTok ‘eGirls’ Helped Create A Multi-Million-Dollar Fashion Brand

PYMNTS

If one were to make a list of products for a cutting-edge fashion brand aimed at capturing the emerging Generation Z market, it is safe to assume that “foxtail keychains” would not make the top 10. And they are looking to expand – fresh off a $40 million infusion of funds, care of a Series B round from Sequoia Capital.

Branding 131
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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

7) that it was merging with publicly-traded Social Capital in an $8.6 The SoFi deal marks at least the third such transaction done by the Social Capital SPAC, Palihapitiya said in a televised interview on CNBC, adding that the deal was driven by the fact that banking infrastructure isn't currently meeting the needs of U.S. consumers.

Capital 150
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Chinese Millennials May Save Luxury Brands

PYMNTS

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

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Catawiki ‘Doubling Down’ On European Market After Brexit Vote

PYMNTS

The company, which Deloitte said was the fastest-growing tech startup in the world from 2011 to 2015, expects a bump in its British business as a result of the historic vote to compel the U.K. We have a really strong brand name for them to other countries in the EU where bids are made in euros. Sellers in the U.K. Sellers in the U.K.

Marketing 100
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Car Subscription Market Set To Grow 71 Percent By 2022

PYMNTS

Beyond BMW and Cadillac , the subscription market is growing as consumers and brands take note: Software vendors, too, are turning to subscriptions, according to the PYMNTS Subscription Commerce Tracker. We see a very big market niche for ready-made meals,” Griesel was quoted as saying to the Rheinische Post newspaper.

Marketing 110
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Sears Could Get $350M Loan In Financing Package

PYMNTS

As Sears faces calls to wind down its operations, the retailer is reportedly putting the finishing touches on a deal for $350 million in financing with Great American Capital Partners, along with other lenders. Sears hasn’t had a profit since 2011, and Lampert has faced criticism that he let the retailer’s brick-and-mortar stores deteriorate.

Retail 123
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Parent Co. Of Housing.com Buys Rental Firm FastFox

PYMNTS

into the so-called online-to-offline rental ecosystem, with a market size upwards of Rs 20,000 crore ($2,889,400,000). “Until now, we were in the home rentals market through listings on both our platforms, Housing.com and Makaan.com. There are no immediate plans to change the brand’s name, he said.

Maine 108