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Inspire Bets $11.3B That Its Brands Can Run On Dunkin’

PYMNTS

Private equity-backed Inspire Brands will be buying Dunkin' Donuts and bringing it private for a whopping $11.3 Dunkin’ Brands CEO Dave Hoffmann noted the acquisition was a testament to the progress Dunkin’s had made and maintained during the global pandemic leaving the brand “stronger than ever.”. “We Inspire’s Many Brands .

Branding 183
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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

PYMNTS

Designer Brands Inc. The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. reported that net sales plunged by 44.7

Branding 141
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Gap Brand CEO Stepping Down

PYMNTS

Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter results. While I am pleased with our progress in brand health and product quality, we have not achieved the operational excellence and accelerated profit growth that we know is possible at Gap brand,” Gap Inc.’s

Branding 100
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Innovation-Seeking Big Brands Pop Up In Small Spaces

PYMNTS

Brands might want a space to test new concepts with shoppers in brick-and-mortar retail environments, but they don’t always want the time and expense involved in building out a permanent store. By comparison, its mainline spaces average 181,100 square feet in size. Brands are also rolling out their own pop-up shops.

Branding 143
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Why Walmart’s eCommerce Expansion Is Facing Resistance From Premium Brands

PYMNTS

To bring higher-end products to its website, Walmart had courted brands like water-filtration company Katadyn for months. As part of its efforts, the retailer gave some brands the opportunity to determine how outside sellers on the its website price and display their products. These brands are objecting because of pricing.

Branding 101
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Bangladesh Clothing Suppliers Lost $3.7 Billion From Pandemic

PYMNTS

That number came from 1,931 global fashion brands nixing their orders. By comparison, the U.S. The pandemic forced many businesses to make a shift in operations toward a B2C or a direct-to-consumer (D2C) model. The total canceled globally came out to $3.7 Data from Traidcraft Exchange showed that U.K.

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A Digital Mindset: The Key to an Enhanced Strategy for Insurance Commerce

Perficient

With the rise in vaccination rates and a hopeful return to a “new normal,” it won’t be possible to put the genie back in the bottle and return to legacy operations. Data sharing relies on trust between a brand and the consumer willing to share it. New skill sets are required to operate in a digital environment.

Strategy 332