Walmart Launches 'Modern Fashion Brand'

PYMNTS

The retail giant is starting “a fashion essentials-inspired brand for both men and women created by our in-house design team,” the company said in a news release. We’ve launched exclusive, elevated brands.”. Walmart wants to bring a bit of the high-fashion catwalk to its store aisles.

Digital Shift Gives Rise To DTC Brands

PYMNTS

The second is the rise of direct-to-consumer (DTC) brands. It also accelerated the rise of DTC brands, but not for the same reasons. DTC brands drove into the pandemic and adapted to it to catch the digital shift. There are two kinds of DTC brands that have arisen.

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Sensory Branding: Right Scent, Right Time?

PYMNTS

Sensory branding is having a moment. These are some admittedly “out there” examples of sensory branding, which is popular lately for several reasons. Supplementing the “sight” of marketing and branding with a taste or a sound creates an entirely new set of tools to attract consumers. The technical definition of sensory branding (from HubSpot) is to “create impact and resonate with your consumers by targeting at least one of their senses.

DTC Brands See Media Opportunity In Crisis

PYMNTS

DTC brands grew up digital,” he noted. Wiese and his team compared the current pandemic to several other crises, man-made or financial, across 100 years and 125 brands. That lesson is particularly applicable to DTC brands. Brands should look at it as a long-term investment.”.

12 Coolest Brands in Banking 2017

Bank Innovation

Newswire ant financial coolest brands Hyperledger listsWhat Amazon did with “Just Walk Out” stores was cool. Snap’s Spectacles – also interesting. Some may argue that Pokemon Go had a good run too. Those innovations may seem cool to the wider public, but we – the fintech-obsessed – dig deeper to uncover the underlying coolness within mainstream Read More.

How Brands Can Turn B2B Buying Into A Positive Experience

PYMNTS

For brands and their manufacturers, Amazon can be a powerful influence. Brands and their manufacturers today continue to rely on legacy technologies and manual processes to sell products online, said King.

Brands Go Direct To Consumer Online: Now What?

PYMNTS

Bringing a brand directly to consumers over digital channels was an option to consider in the pre-pandemic world — but the question for brands today in our radically digitized world is not if, but when, according to sticky.io Reimagining How Brands Relate To Consumers.

Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale

PYMNTS

Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent difficulties with the inclusion of the pandemic. Retail bankruptcy Editors' Picks Lucky Brand News pandemic What's Hot

Coolest Brands 2016: Alphabetical List

Bank Innovation

ALPHABETICAL LIST Adyen Alipay BankMobile BBVA Digital Asset Holdings Level39 MasterCard Robinhood Silicon Valley Bank Social Finance Venmo WeChat Honorable Mentions | Coolest Brands 2016 Home. Uncategorized Coolest Brands 2016

How Brands Can Avoid Direct-To-Consumer Pitfalls

PYMNTS

Brands looking to sell directly to end users need a vision for what their omnicommerce experience should be, and a plan for how they’re going to deliver something to complement their existing business instead of merely complicating it. Brands that are either expanding existing DTC operations or have only sold through a marketplace can use channels like Amazon without creating potential conflicts in their path to selling directly to consumers.

Tailored Brands Might Seek Bankruptcy Due To Pandemic

PYMNTS

Men’s Wearhouse owner Tailored Brands might be the next significant retail company in the United States to make a bankruptcy filing as the COVID-19 crisis unfolds. Tailored Brands has approximately 1,400 U.S. Tailored Brands had $201 million in unrestricted cash on hand in early June. A Chapter 11 filing would allow the firm to keep the operation of some of its brands as it seeks to sell other names and could come as soon as July.

Retail Branding Comes Off The Back Burner

PYMNTS

For retailers, especially those deemed non-essential and struggling with revenue, branding may be on the back burner right now. Big mistake, say several branding experts. And who you were was your brand. “A A lot of what makes strong brands is consistency and adherence to values,” says Sean Claessen, chief strategy officer at Bond Brand Loyalty. Your brand attributes are the ones you fall back on when you have to make difficult decisions.

NEW DATA: The Six Reasons Why More Consumers Are Buying Directly From Brands

PYMNTS

These are among the key findings that have emerged from PYMNTS’ latest research study, D2C And The New Brand Loyalty Opportunity , a collaboration with sticky.io. PYMNTS research reveals some dramatic shifts in how consumers are obtaining CPG brands both online and offline. These shifts are reflected in consumers’ growing tendency to try new brands. percent of Generation Z consumers have bought new food and beverage brands during the pandemic, for example, while 47.7

Will bank brands survive in this digital world?

Chris Skinner

We were having a debate about brand loyalty in a mobile world. How do you … The post Will bank brands survive in this digital world? The discussion began with talking about how it used to be complex with dealing via branch and call centre; then it was branch, call centre and online; now, it’s branch, call centre, online and mobile. appeared first on Chris Skinner's blog. Digital Bank Future Grid

Chinese Consumers Resume Buying Luxury Brands

PYMNTS

Chinese consumers who have the money to spend are doing exactly that on retail splurges — but that hasn't translated evenly across all sectors of the economy, with spending on luxury items up but other more common retail lagging.

Luxury Brands Hit The Discount Racks

PYMNTS

While many luxury retailers have found themselves needing to slash prices to keep inventory moving, some luxury brands are switching manufacturing to assist in the coronavirus crisis. For example, LVMH, which owns high-end brands Louis Vuitton, Fendi and others, announced it will produce large quantities of hydroalcoholic gels for use by health authorities. A bright spot is also emerging for luxury brands as China recovers slowly. Retail Coronavirus luxury brands LVMH News

Who has the most valuable bank brand?

Chris Skinner

I just got The Banker magazine’s February issue discussing the top banking brands of the world. Timely, as I have been talking about trust and brands this week. In particular, I guess I was surprised the Chinese banks are the strongest brands across the board in 2018, with the top … The post Who has the most valuable bank brand?

Tailored Brands Might Seek Bankruptcy In Q3

PYMNTS

Men’s Wearhouse owner Tailored Brands might seek bankruptcy in the third quarter of its fiscal year, according to a 10-Q regulatory filing with the U.S. Tailored Brands said the pandemic had a significant effect on its business, as has been the case with a number of merchants. Tailored Brands also said Moody’s Investor Service and Standard & Poors had reduced its credit ratings during the past many months.

12 Coolest Brands in Banking 2016

Bank Innovation

We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More. Capital Cards Commerce Compliance Corporate Innovations Insurance Lending Marketing Mobile Online Operations Payments PFM Retail Risk Security Slider Social Media Startups Technology Virtual Currency Wealth Management Wearables coolest brands lists

MyTheresa eCommerce Fashion Brand Plans To Go Public

PYMNTS

MyTheresa sells clothes from 250 of the world’s most popular fashion brands. BG Partners took out its well-performing Chewy brand from PetSmart last year, and TPG-owned clothing chain J Crew is exploring an IPO for its Madewell brand.

Old Navy Parts Ways With Gap Brand

PYMNTS

CEO Art Peck will still be in charge of the parent company, which includes the Gap brand, Banana Republic, Athleta, Intermix and new athletic brand Hill City. The other brands overlap each other but overlap Old Navy less,” Peck said on a conference call with analysts on Thursday (February 28), according to The Wall Street Journal. One thing Peck isn’t sure about is how the company will split each of the brands’ customer data. “We

Bank Brand Value: Calculated!

Jeff For Banks

I ask and ask and ask: what does brand get you? Forbes calculated brand value in their " World's Most Valuable Brands " by taking anything that a company achieves over an 8% return on equity. Driving ROE higher, but hardly due to its brand. Bank Brand Value ("BBV") So how would I calculate a financial institution's brand value? When I speak, I use great brand images such as Starbucks, JW Marriott, and Mercedes Benz. i.e. brand.

As the U.S. Banking Sector Lags—Banking Brand Values Go Up

Bank Innovation

banks accounted for 81 of the 500 most valuable and strongest bank brands around the world on Brand Finance’s Banking 500 2019 list, released this week. Led by the Industrial and Commercial Bank of China, the world’s most valuable banking brand (at $79.8 Commerce Corporate DataBank Exclusive Lending Mobile Online Operations Premium Retail Sales & Marketing Security Social Media bank brands Bank of America BankUnited branding Chase Citibank Deutsche Bank Wells Fargo

Amazon Turns To Manufacturers For ‘Exclusive’ Brands

PYMNTS

Amazon is taking a new approach to its brands, extending beyond its AmazonBasics and other private-label lines: The retailer is rolling out brands that are exclusive to the site, but are not actually owned by the company. While expansion of private-label brands has been a top priority , One Click Retail noted in a report , Amazon is reportedly now focusing on bringing Amazon-exclusive brands made by manufacturers such as First Quality. Amazon’s Private-Label Brands.

Yum! Brands Digital Sales Reach Record $3.5B Amid Pandemic

PYMNTS

Brands, Inc. Gibbs said KFC registered its highest average sales per store in the brand’s history in a week in early May. The brand has served nearly 20 million contactless digital orders as of March 2020. “We’ve Brands’ worldwide system sales excluding foreign currency translation dropped 12 percent, with a 15 percent same-store sales decline. Brands recently acquired , opened two gross new restaurants in the United States. Brands

Clothing Brands Want Steep Vendor Discounts To Keep Orders

PYMNTS

Big-name clothing brands are either canceling orders or demanding big discounts from manufacturers in Bangladesh, a South Asian country that is already deeply suffering because of the economic fallout from the coronavirus , according to a Reuters report.

Can The New England Patriots Brand Survive Losing Tom Brady?

PYMNTS

But while Brady won’t win any more titles for New England, his branding story is just getting started. By contrast, the Patriots’ branding problems are just beginning, experts say. Any time the brand rests on the shoulders of one person, the person is responsible for the brand,” said Robert Passikoff, CEO of brand consultancy Brand Keys, told PYMNTS. People don’t see the distance between the brand and the person.

Amazon Debuts Exclusive Beauty Brand

PYMNTS

News reports are emerging that the eCommerce giant launched its own exclusive beauty brand last week. The line, called Fast Beauty Company , comes to the market care of Amazon’s brand accelerator program. The program helps founders create brands for exclusive sale on the Amazon marketplace. That is different than Amazon private label products, which are Amazon-owned brands. Retail Amazon exclusive brands News private label What's Hot

Legacy Brands’ Retail Shelf Space Is Shrinking

PYMNTS

Legacy brands like Clorox and General Mills are facing increased competition due to store placement by retailers using their own data gathering practices to see what customers prefer to shop for and how they behave in stores, according to a report by The Wall Street Journal.

Luxury Brands Work With Chinese eCommerce Sites, Shun Amazon

PYMNTS

Luxury brands are selling more and more on Chinese eCommerce sites like JD.com and Alibaba, while still keeping their distance from Amazon, according to a report in The Wall Street Journal. The idea of being listed along with batteries and windshield wiper fluid is not one that attracts luxury brands, the Journal reported. The move is partly due to China’s shopping habits, as many Chinese consumers prefer third-party sites that offer a multitude of brands.

Yum! Brands To Hold Back Rent In South Africa

PYMNTS

Brands Inc. , In separate news, Restaurant Brands International, the parent company of Burger King, will defer rent and boost North American franchisees with extra cash as part of its COVID-19 pandemic response per a report in late March. Brands

DTC Brands Spurn Amazon, Despite Perks

PYMNTS

Amazon has been heavily courting some direct-to-consumer (DTC) brands – inviting them to its headquarters , paying for dinner and letting them fill their carts with gear from Amazon Go shops. However, according to a report in Digiday , some of these brands don’t want anything to do with Amazon, because they feel that teaming up with the retail giant won’t be good for them. But we believe our brand is defensible and if you sell your soul, well, that’s kind of the end of that.”.

Citi Teams With Grab On Co-Branded Credit Cards

PYMNTS

Citigroup is teaming up with Grab , the ride-hailing startup out of Singapore, to roll out co-branded credit cards. In May Citigroup launched a co-branded credit card with Paytm, the Indian digital payments company, and with Qantas a couple of years back. The co-branded credit cards are being issued starting Tuesday (June 11) in the Philippines.

Mastercard acquires data platform SessionM to help brands boost customer loyalty

Bank Innovation

Capital & Funding Carousel Corporate Banking Payments Premium Product Design Amex Brand Loyalty consumer data data analysis Mastercard SessionMPayments giant Mastercard has acquired Boston-based SessionM, a nine-year-old software company that helps clients improve customer relationships through data analysis.

Taco Bell Parent Yum Brands To Acquire Habit Restaurants

PYMNTS

Yum Brands, the parent company of fast-food chains Taco Bell and Kentucky Fried Chicken, plans to purchase fast-casual chain Habit Restaurants, which is the parent company of Habit Burger Grill, according to a report by The Wall Street Journal. Brands