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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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Luxury Brands Hit The Discount Racks

PYMNTS

While many luxury retailers have found themselves needing to slash prices to keep inventory moving, some luxury brands are switching manufacturing to assist in the coronavirus crisis. A bright spot is also emerging for luxury brands as China recovers slowly. The luxury business is going the distance for COVID-19.

Branding 146
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Life House Tech-Focused Hotel Brand Closes $30M Fundraise

PYMNTS

The hotel startup was founded by Rami Zeidan in 2017, a lodging veteran of boutique accommodations seeking to impart luxury on local, lifestyle hotels. Among the fastest-growing hotel brands, Life House has over 800 beds and 25 hotels that are expected to be operational by early next year. .

Branding 130
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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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Amazon Gains More Exclusive Product Lines From Outside Brands

PYMNTS

Amazon wants to get more exclusive — and it wants other companies to help with that effort by developing product lines meant to be sold only via the eCommerce operator. That move comes as Amazon has had trouble wooing some direct-to-consumer brands. Brand Resistance.

Branding 145
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Toys R Us Eyes Liquidation Of US Operations

PYMNTS

operations, currently in bankruptcy, according to recent Bloomberg reports. The plans come as the company has yet — and the emphasis may be on “yet” — to find a buyer for those operations or finalize its debt restructuring plans. Overseas operations are also hampered, reports have noted, with the company’s U.K.

US 107
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Cardtronics Credits 2017 Success To Expanding FI Relationships

PYMNTS

Cardtronics, the world’s largest ATM owner/operator, reported solid growth for Q4 2017 and for the full year in general. million in the prior year, driven by the DCPayments and Spark acquisitions completed in January 2017. Operating revenues hit $346.2 Operating revenues hit $346.2 million from $309.8

ATM 100