article thumbnail

How A Subscription Nutrition Brand Aims To Help An Aging Population

PYMNTS

On Perennial’s website, the company seeks to make its brand purpose front and center. The United Nations 2017 World Population Prospects found that 13 percent of the global population is over 60, and that figure is forecasted to rise to 16 percent by 2030. It’s super functional,” she said. “It It has a clean taste.”.

Branding 156
article thumbnail

Sneaker Marketplace Goat Group Nets $100M For Expansion On $1.75B Valuation

PYMNTS

Research firm Cowen estimated in July that the luxury sneaker market is worth more than $2 billion in North America and could be worth $30 billion worldwide by 2030, WSJ reported. He added that the company would seek out brands and styles that fit its unique image. We want to have a point of view on fashion, culture and style.”.

Groups 194
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Former Restaurant Execs Seek $230M For SPAC

PYMNTS

and Andrew Pforzheimer, former CEO of the Barcelona and Bartaco brands. His fund has invested in brands including Sweetgreen, Curry Up Now and The Hummus & Pita Co. percent compounded annual growth rate over the 60-year period between 1970 and 2030, according to the National Restaurant Association.

article thumbnail

Mobile Game Shows Offer Brands Prized Millennial Viewers

PYMNTS

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. However, the platform does send the proceeds to the brand, less any money donated to charity. Payments And Cash Back.

article thumbnail

Finablr’s BayanPay Awarded Payments License From Saudi Authority

PYMNTS

Finablr , a Saudi Arabia-based global platform for payments and foreign exchange solutions, has announced that its network brand, BayanPay , has been awarded a license to provide payment services by the Saudi Arabian Monetary Authority (SAMA). BayanPay will offer digital wallets, eCommerce and SMB payments gateway solutions in Saudi Arabia.

Payments 130
article thumbnail

AI/Bot: Dole’s Secret Artificial Intelligence Weapon

PYMNTS

The company wanted to increase the sales of its “Seasons” fruit cocktail brand, increase the sale of its smaller cans and gain a stronger market share hold among its competitors. Shani adds, “Brands need a solution that will execute all efforts across all channels autonomously, and artificial intelligence is the only way to accomplish this.

Retail 177
article thumbnail

IKEA Launches Furniture Rentals

PYMNTS

When that leasing period is over, you hand it back and you might lease something else,” Torbjorn Loof, chief executive of Inter IKEA, which owns the IKEA brand, told Financial Times. “We will work together with partners so you can actually lease your furniture.

Retail 148