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Luxury Fashion Brand Valentino Tries To End Manhattan Lease

PYMNTS

In a legal complaint filed with a New York court, luxury fashion brand Valentino SpA is requesting that the courts end its lease for a store in a prime tourist spot in Manhattan. The brand, however, has removed the wood that has been guarding the outside of its store and has had curbside pickup available for products like T-shirts and purses.

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Subscription Commerce’s Recurring Value Challenge

PYMNTS

percent of consumer retail product subscribers plan to terminate their services in the next 12 months — a data point that should be on the mind of all merchants taking part in subscriptions. How Might Subscription Commerce Look In 2029? million American adults subscribe to some type of subscription retail product offering.

Retail 160
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Q1 2019: US credit card issuer snapshot

Accenture

Alliance Data announced new programs with Houzz (PLCC, CB & Biz), Sephora (PLCC & CB), and Burlington (PLCC); Apple and Goldman Sachs announced the “Apple Card” (co-brand to launch in summer 2019); SYF announced a PLCC partnership with Fanatics (launch summer 2019)?. Retail Card, Payment Solutions, and CareCredit).

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Amazon’s Prime Subscriptions To Hit 275M In Next Decade

PYMNTS

. “We remain positive on Amazon shares, and view Amazon ‘s large and growing global Prime member base as not only a source of recurring revenue, but a key reason why brands and third-party sellers are increasingly relying on Amazon’s marketplace,” Citi Analyst Mark May wrote in a note covered by CNBC.

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