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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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Yotpo Joins UPS eCommerce Tech Program For SMBs

PYMNTS

The CTP program provides Yotpo and other eCommerce offerings at a discount, allowing SMBs to better compete with larger, well-funded eCommerce brands and companies.

Atlanta 160
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AI Plays Key Role In Preventing Subscription Churn

PYMNTS

These services offer alternatives to installing and operating applications in-office or at expensive data centers as well, which can be a key consideration for the many businesses with employees who are operating remotely during the health crisis. presidential election and ongoing news about the pandemic.

Software 270
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Groupon Gets New Activist Investor

PYMNTS

The filing said that Merage will possibly engage in discussions with the board of directors, as well as discuss capitalization, ownership structure and board compensation or operations — and could potentially buy more shares. The company went public in 2011, and started trading at $28, but it has not seen that kind of price since.

Capital 130
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An interview with Tom Blomfield, co-founder of Monzo

Chris Skinner

11:FS CEO David Brear talks to him about why ‘Monzonauts’ are so crazy devoted to the brand. [You And then, GoCardless in 2011, we founded it, myself and my two co-founders, Matt and Hiroki, and I was there for almost three years, and that was my first experience with FinTech. I think the word FinTech wasn’t yet around.

Study 283
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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services

Perficient

How do you think it will change the way financial services organizations operate? I also think a lot about wealth management. MM: Favorite brands? Also, Prince (yes, I consider it a brand!), Bo near White Mountain Peak in Bishop, California, 2011. MM: Let’s go back to crypto. Can they advise on it? MM: Hobbies?

Industry 539
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Sears Files For Bankruptcy; To Close 142 Stores

PYMNTS

Sears hasn’t had a profit since 2011, and Lampert has faced criticism that he let the physical stores deteriorate. Sears, over the years, has sold the Craftsman brand and is mulling an offer for the Kenmore appliance brand , noted Reuters. Under the bankruptcy plan , Lampert will be replaced with a three-person committee.

Branding 162