Golf Ball Disruption, Unseating Peloton, Amazon's India Investment, $1BN Bar
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The Disruption of the Golf Ball Market Is in Full Swing
Unless you’re developing a fertilizer, you probably don’t expect to disrupt the golf industry from the spare room of a sewage company. But that’s where Dean Snell found himself four years ago, holed up in an office with a single computer.
“In the mornings, we were walking past the trucks that pump out the port-a-johns,” he says with a laugh. It wasn’t what Snell envisioned when he decided to star Read more at:
The Fitness Entrepreneur That May Dethrone Peloton
Not many entrepreneurs can say their users include Jennifer Aniston, Sofia Vergara, Jeremy Piven, Meghan Markle and Michelle Obama. But Sebastien Lagree isn't your typical entrepreneur and the result is this one-time aspiring actor turned fitness entrepreneur has created a cult-like fitness craze.
One entrepreneur is taking a different approach, building off the principles of Pilates but with a machine specifically crafted for the workout.
What he started as a small west Hollywood studio has turned into a cult-like following with celebrity fans including Jennifer Aniston, Sofia Vergara, Jeremy Piven, Meghan Markle, Michelle Obama and more.
Amazon Wants India To Make eCommerce Easier | PYMNTS.com
A senior Amazon executive believes India needs to do more to encourage eCommerce in the country.
“There is so much opportunity to just let eCommerce thrive versus trying to define every single guard rail under which it should operate,” Agarwal said before the launch of Amazon’s biggest campus in the world in the southern Indian city of Hyderabad, on Wednesday (August 21).
Ever since India revised its eCommerce rules earlier this year, Amazon and rival Flipkart have found it more difficult to do business in the country.
Roundup: Same-day fulfillment is Target’s most profitable ecommerce channel
Plus, La-Z-Boy expects profits from Joybird by year’s end, L Brands overhauls backend ahead of store pickup rollout
These same-day orders also are the retailer’s most profitable digital offering, according to chief operating officer John Mulligan speaking to investors on a call transcribed by Seeking Alpha .
La-Z-Boy acquired Joybird a year ago, and it has since generated $76 million in sales for the retailer, said CEO Kurt Darrow in a call with investors transcribed by Seeking Alpha .
Inside the Porsche Taycan’s minimalist, 911-inspired interior – TechCrunch
The dark mode, and the ability to turn off the central 10.9-inch infotainment display and optional passenger one, should let drivers enjoy the road and escape the annoying “blue light” that emanates from so many vehicles these days.
Other buttons on the central screen include navigation, phone, settings, climate, news, calendar, charging information, weather and Homelink, which can be used to open the owner’s garage door.
Gap's second-quarter sales fall short of estimates, CEO calls out 'challenging environment'
Gap Inc.'s fiscal second-quarter earnings topped analysts' estimates but sales missed. Same-store sales dropped 4% during the period, worse than expected.
Gap Inc. 's fiscal second-quarter sales fell short of analysts' expectations in what the apparel retailer's CEO called a "challenging environment," with all of its brands including Old Navy suffering a drop in demand, the company announced Thursday.
"We are operating in a challenging environment, but I remain confident in the strength of our brands and our plans for the future," CEO Art Peck said in a statement.
Zara vs H&M. EDITED compares the apparel retailers' strategies
Zara and H&M appear to compete in the same space in the market, but a dig into data shows the clear difference in pricing, replenishment, discounting and communications.
Despite brands and retailers worldwide increasingly incorporating Instagram influencers within their marketing communications to gain exposure to a broader audience and create a community.
Although these initiatives have been met with skepticism and “greenwashing” claims, both retailers are the market leaders and their actions will influence other fast fashion brands to examine their environmental impact.
The company is offering new tools to make it easier for online sellers to grow their business. Like everything, though, there's a cost.
The move is a clear message that Amazon wants to own the marketplace for small businesses that sell online, or at least the part it doesn't already dominate.
Amazon has faced criticism over reportedly using sales information from its marketplace to then offer its own brand of competing products.
Amazon is acquiring a 49% stake in India’s Future Coupons – TechCrunch
Amazon, which has invested more than $6 billion in India’s growing internet market, just invested a little more as it moves to expand its presence in the country’s brick and mortar space that drives much of the sales in the nation. The U.S. e-commerce giant is acquiring a 49% stake in F…
Financial terms of the deal were not disclosed, though based on Future Retail’s current market cap — about $2.9 billion — a 3.58% stake in the company would cost about $104 million.
“Pursuant to these agreements, Amazon has agreed to make an equity investment in Future Coupons Limited for acquiring a 49% stake comprising both voting and non-voting shares.
From Bootstrapped to Billion-Dollar Exit: Quest Nutrition Sells to Atkins Bars Maker
The three Quest founders bootstrapped their company for five years before taking a private equity deal in 2015.
In announcing today's deal, the Simply Good Foodsplaceholder Co. said Quest expects revenues of $345 million this year.
The Quest brand is stronger among younger, urban consumers, while Atkins appeals to an older, suburban crowd.
Amalgamation of e-commerce and technology in the food & beverage industry has been transforming its demeanor according to the taste of millennials. In
Quick service restaurants including McDonald’s, Subway, Burger King, Wendy’s, Starbucks, Taco Bells, Dunkin Donuts, Pizza Hut, KFC have been vocal about the role of e-commerce in their sales.
From the same platform, at the same time, a customer has the luxury of ordering clam chowder, enchiladas, som tam, spanakopita, dosa, sushi, churros, macarons, dim sums and pizza.
Classic Car Market Hits A Pothole At 2019 Monterey Car Week
This year's auctions at Monterey Car Week saw almost a quarter billion dollars of sales as some of the world's rarest and fastest cars changed hands. The bad news? That's a 34 percent drop from 2018. So what does this means for the classic car market?
Preliminary total sales came in at $245.5 million, a quarter-billion dollars yes, but also a 34 percent drop from 2018’s results, according to Hagerty, a classic car insurance company that closely tracks the market.
Thus, we’ve witness the rise of the 1980’s market, pushing skyward the values of everything from early BMW M3 and M5s, Japanese icons like the original Acura NSX, the Toyota Supra and Nissan’s Z, Audi’s Quattro, a bushel of Porsche models (959, 930, 964, 928, 914 and 968) and a pile of other noteworthy cars we’ll skip for brevity.