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High-End Fashion Site Mytheresa To Start Trading On NYSE

PYMNTS

He added that Mytheresa is “in a position of strength” as highlighted by its unique value proposition for brands and customers, and the company’s “profitable growth that has proven to be enduring and scalable.”. Mytheresa , which launched in 2006, claims to be “one of the leading global luxury fashion eCommerce retailers.”.

Branding 220
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Cloud Software Co. Mirakl Raises $300M

PYMNTS

Alexandre Margoline , a partner at Permira, said in a statement that Mirakl can become the central hub and platform for digital marketplace operators, sellers and partners. . He said such digital technology is making it easier for sellers, brands and consumers to connect. Siemens AG and Hewlett Packard Enterprise Co.,

Software 220
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Slimmed-Down Albertsons IPO Raises $800M

PYMNTS

Albertsons’ IPO is the culmination of a saga that began in 2006 when private equity firm Cerberus Capital Management took a major position, with plans to grow the chain into one of North America’s gargantuan power grocers. billion fundraise once anticipated. Shares rose some 1 percent to $16.18 shortly before noon ET.

Idaho 224
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JCPenney, Sephora To Maintain Partnership For In-Store Experience

PYMNTS

JCPenney and Sephora said in the announcement, “Both companies worked constructively to resolve outstanding legal matters and have agreed to mutually beneficial revisions to their joint enterprise operating agreement.”. SiJCP, which debuted in 2006, is described as an “exclusive beauty experience” available in some JCPenney locations.

Branding 130
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Africa’s Quiet Cashless Payments Revolution

PYMNTS

They’ve seen it since they started working on the ground in Africa in 2006 to develop an online booking system for a small Kenyan airline looking to make themselves more appealing to foreign customers. They can route in a single step part of the payment to the delivery person, part of it to Uber Eats, and part of it to any other operator.

Payments 284
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Elizabeth And James Rises Again At Kohl’s

PYMNTS

Toward the end of last year, Elizabeth and James announced it would be shutting down its stores and in-house operations – another middle-market victim of the great retail reset. Their first entry was an eponymously named line for Walmart that launched in the early 2000’s. ” Will it work?

Branding 149
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For eCommerce Content, It’s Experiences Over Speed

PYMNTS

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. In a discussion with PYMNTS on Wednesday (Feb. In a discussion with PYMNTS on Wednesday (Feb.

Retail 214