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Neiman Marcus Emerges From Chapter 11

PYMNTS

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

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Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

PYMNTS

Luxury brands are looking to catch the attention of travelers who might be willing to explore new products. Bacardi Managing Director of Global Travel Retail Vinay Golikeri said, according to the outlet, “Over half of the people, when they travel and browse stores, they’re looking for something they can’t find back home.”

Retail 101
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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

Through a pop-up store in New York City, consumers are able to browse and buy gear from official Olympic sponsors, such as Nike, Swatch and Oakley. 1 city for sales of Team USA gear,” Boyle said. It will stay open through the end of the games on Feb. Beyond Team USA’s own sales channels, some U.S.

Retail 118
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Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

HQ: New York City. HQ: Houston, Texas. Compliance & risk-management technology. Mobile personal finance manager . Tags: Risk management, security, regulation, compliance. Year-to-date, $7.7 billion has been invested in the sector. Marketplace lender for small businesses. Total raised: $120.8

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 Snoopwall landed a cool million for its security solutions. Seven weeks into the new year, fintech companies have raised $4.7 Wealth management platform. HQ: Houston, Texas. Risk management and compliance software.

Company 12