Remove 2011 Remove Capital Remove Marketing Remove Millennials
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Chinese Millennials May Save Luxury Brands

PYMNTS

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

The money market mutual fund became a formidable competitor to the bank account. In Pennsylvania, Rocket has number 1 market share. They are/were the business owners, demanders of capital and loans, and significant depositors. Then came this bubble generation they named millennials. We can ignore millennials no more.'

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How TikTok ‘eGirls’ Helped Create A Multi-Million-Dollar Fashion Brand

PYMNTS

If one were to make a list of products for a cutting-edge fashion brand aimed at capturing the emerging Generation Z market, it is safe to assume that “foxtail keychains” would not make the top 10. And they are looking to expand – fresh off a $40 million infusion of funds, care of a Series B round from Sequoia Capital.

Branding 131
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Postmates Adds Delivery To 1,000 More Cities Ahead Of IPO

PYMNTS

The company is in a crowded market and has many competitors, including Grubhub, Uber Eats and DoorDash. We weren’t able to spend that much money in 2018 because we weren’t the most capitalized player,” said Postmates CEO Bastian Lehmann, in reference to DoorDash and Uber Eats. It will deliver anything from a toothbrush to alcohol.

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Is It Officially Time To Start Worrying About Consumer Credit?

PYMNTS

Add to that the diminished value of used cars — down about 8 percent this year — and auto lenders like Ally Financial are predicting a market that will be contracting this year. Capital One’s first-quarter earnings are a good case in point, as they notched a much higher rate of loss than its management or investors were expecting.

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Kellogg’s Breakfast Council Gaffe

PYMNTS

Product placement, sponsored content and influencer marketing are hardly new phenomena as the advertising world works nonstop to keep pace with the internet. Consider Spotify’s branded playlists or Alibaba recruiting its APASS members for marketing purposes. Disclosure of sponsored content isn’t difficult.

Branding 100
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Don't Bank. SoFi

Jeff For Banks

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 billion in equity capital since its founding in 2011. billion in equity capital, with a market capitalization close to book value. By comparison, over 100 year old and $7.7