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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. The court filing took place in Delaware on Monday, April 13. Due to the pandemic forcing stores to close, around a million employees of various brands and retailers have been furloughed.

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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. Holdaway will be based in Wilmington, Delaware, and will start his new position in July. and Germany.

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Jessica Alba’s Honest Company Faces A Down Round

PYMNTS

According to emerging news reports, the five-year-old home and body care product company is looking to raise $75 million in new Series D venture capital funding at $19.60 per share, according to a Delaware filing first spied by CB Insights and reported by Axios. That places its total valuation at $1.7

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LVMH, Tiffany Engage In Luxurious War Of Words

PYMNTS

The two ultra-high-end brands were supposed to be part of the same happy family after LVMH agreed to buy Tiffany earlier this summer, but the deal has dissolved into courtroom battles and public recriminations. In the balance lies the future of one of retail’s truly iconic luxury brands. LVMH said Tuesday (Sept.

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

Online retailer Overstock.com, which traditionally sells home goods, clothing, and beauty products, announced December 14 that it would look to sell or reorganize its retail business in order to focus on blockchain. Exchange: NASDAQ. Price: Peak post-announcement price: $70.00. Closing price 03/23/18: $45.20. Mining power group inc.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

New restaurant concepts are redefining how we think about food, pushing established brands to reinvent themselves, spurring entrepreneurs to be creative with visual platforms like Instagram and recipes like pea-based protein, and paving a new way forward for the idea of casual dining itself. Americans dine out more than ever before.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Blockchains can help retailers offering gift cards and loyalty programs to make those systems cheaper and more secure. Currently, consumers’ sense of trust in the retail system is mainly linked to their trust in the marketplace where their purchases are being made. (As Gift cards and loyalty programs. CROWDfunding.