article thumbnail

How FashionPass Is Innovating Clothing Rentals

PYMNTS

billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. This might attract customers, but retaining them requires constant innovation. The clothing rental market in the United States is projected to reach $4.4 Johnson said.

article thumbnail

SoFi Signs Deal For LA Stadium Naming Rights

PYMNTS

It will host year-round events, including Super Bowl LVI in 2022, the College Football National Championship game in 2023, and the Opening and Closing Ceremonies of the 2028 Olympic Games. Stanley Kroenke.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PayPal Closes On Its Deal With Synchrony

PYMNTS

With the completion of the deal, PayPal said it and Synchrony have extended their co-branded consumer credit card program agreement to make Synchrony the exclusive issuer of PayPal’s consumer financing program online in the U.S. through 2028. PayPal received approximately $6.9 billion in total consideration at closing.

article thumbnail

Making Men’s Skincare Mindful 

PYMNTS

percent CAGR is considered one of the more conservative estimates — more aggressive forecasts put that figure north of $200 million by 2027 to 2028. And by and large, that massive group has been the main focus of nearly every beauty brand for the very good reason that women buy skincare products en masse. And that 4.37

Branding 123
article thumbnail

Fashion Forward: How Tech Is Targeting Waste & Pollution In The $2.4T Fashion Industry

CB Insights

Even luxury brands are contributing to this problem. In this report, we examine how fashion brands are leveraging technology to make clothing production and consumption more sustainable, from the use of plant-based textiles and bacteria-based dyes to leveraging a blockchain-based supply chain to increase transparency.