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Authentic Brands Buys Sports Illustrated To Build Licensing Empire

PYMNTS

To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. The move comes over a year after it was put on the block and Meredith will still manage its website and publish its print magazine, The Wall Street Journal reported.

Branding 122
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New Fashion Startup Bets Its Future On Off-Price Luxury

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Fast fashion already claimed a victim this week as Lucky Brand filed for bankruptcy, and H&M announced it was shuttering 170 stores across the globe due to the pandemic-driven digital shift. “We We have increased our customer base online, and many of our customers — in-store customers — are now multichannel customers.”.

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As Pizza Hut Struggles, QSRs Grapple With Delivery Investments

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According to Tillster research , in the last 12 months, more than 50 percent of QSR customers ordered online for delivery, and over 51 percent would order more often if delivery was offered. QSR magazine and other analysts point to a direct link between delivery and the consumer experience and consumer satisfaction.

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All Grown Up And Ready To Pop Up: eTailers Turn To Pop-Up Store Gurus

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For digitally native brands moving from the web to brick and mortar, startups are providing a platform to help with the transition. When brands are ready to open up shop, Nejati seeks to help them go from idea to grand opening in about a month. Pop-Up Retail Trends.

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What’s Next For The 'Set It And Forget It' Subscription Auto Refill Economy

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Online magazines. In the online subscription world, convenience boils down to “set it and forget it.”. The conversation took place as the legal battle between Apple and Epic Games continued to rage, centered on what role online platforms should play (and on what commissions Apple should charge, but that’s another story).

Apple 184
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Should QSRs Be Scared Of ‘Ghost’ Restaurants?

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Cloud kitchens, sometimes called KaaS (kitchens as a service) or ghost kitchens have emerged as a new model, driven by the rise of online ordering and delivery services. Recent data indicates that consumers increased their spending on online food delivery in 2019 by almost 15 percent year over year.

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Retailers Find New Innovation Fuel Against Amazon

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Imran Khan, who spent three years at Snap as chief strategy officer, has created a new retail company, Verishop , which aims to “bring joy back to online shopping, and do it at scale with the ease of online purchasing and fast delivery we’ve all come to expect.” High-End Retail.

Retail 125