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Top related persons:
Richard Hayne - 2 Natalie Rice - 1 Nuuly - 1 David Hayne - 1 we've - 1 Gen Z - 1 Jenn Hyman - 1 Rent - 1
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Natalie Rice Urban Outfitters - 1 CNBC - 1 Street - 1 San Francisco Fed - 1 Fed - 1 Urban Outfitters - 1 Auto - 1 Walmart - 1

Search resuls for: "Richard Hayne"


4 mentions found


☆ Clothing rental service Nuuly reaches profitability, beating rival Rent the Runway to the benchmark
  + stars: | 2023-11-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +4 min
The milestone marks the first time Nuuly has earned money since its launch in 2019, a goal for the company from the beginning as it looked to prove it could run a clothing rental business profitably. While there is wide demand for clothing rental services, particularly among younger consumers, the logistics of rental have made it difficult to make money, threatening the platforms' viability. watch nowNuuly and Rent's services are similar in that they both offer clothing for rent on a monthly basis for all sorts of occasions. The clothing rental market is still a budding industry. As brands look to convince consumers to rent instead of buy, offering a wide-ranging assortment has proven critical.
Persons: Natalie Rice, Nuuly, David Hayne, we've, Gen Z, Jenn Hyman, Rent, Hayne, Urban's, Richard Hayne Organizations: Natalie Rice Urban Outfitters, CNBC
☆ Stock Market Chaotic New Normal Will Screw Over Wall Street Investors
  + stars: | 2023-06-04 | by ( Linette Lopez | ) www.businessinsider.com   time to read: +11 min
Wall Street desperately wants the stock market to go back to the good ol' days. In that environment, any idiot — or anyone on Wall Street — could buy almost any asset, sit back, and watch its value increase. In this scenario, the stock market gets choppy. It was a pull-in-case-of-emergency valve that we pulled for so long that now it feels normal to Wall Street. Despite this constant caterwauling from Wall Street, Americans are working, spending, and helping the economy defy doom-and-gloom forecasts.
Persons: Justin Simon, Jasper Capital, that's, hasn't, it'll, Richard Hayne, —, haven't, Joe Weisenthal, Richard Haynes, Torsten Slok, Simon, Linette Lopez Organizations: Street, San Francisco Fed, Fed, Urban Outfitters, Auto, Walmart, Bloomberg, Urban, NASDAQ, Federal, Apollo Global Management Locations: Jasper, Wall Street, American
☆ Inflation? Recession? Starting Black Friday, holiday shoppers are planning to spend
  + stars: | 2022-11-25 | by ( Eric Rosenbaum | ) www.cnbc.com   time to read: +6 min
"People are pretty consistent on how much they expect to spend on holiday shopping," said Laura Wronski, senior manager of research science at Momentive. The survey results reveal the consumer divide in the economy, with spending concerns more prevalent at lower income levels. 1 shopping holiday The survey has consistently found that the hype around shopping holidays is often higher than the actual excitement among consumers. 1 shopping holiday that Americans say they will spend on. One in five (21%) are "most excited" to go shopping on Black Friday, almost double the consumers planning to shop on Cyber Monday (12%).
☆ The ad industry is prepping for a make-or-break holiday shopping season, with some advertisers pulling spend up to 25% even before Black Friday
  + stars: | 2022-11-22 | by ( Lara O'Reilly | Ryan Joe | ) www.businessinsider.com   time to read: +6 min
Black Friday and Cyber Monday sales figures will determine whether ad spend budgets decline. Some advertisers are already pulling back spend up to 25%Last year, advertisers marched into the holiday shopping season with confidence. For retailers who are making the bulk of their money during that time, ad spend correlates to sales, Lardner said. Marketers feel less pressure to spend their fourth quarter ad budgets this yearSome advertisers are pulling back even before the holiday shopping season kicks off. Traditionally, marketers deploy most of their ad dollars during the fourth quarter — and not just because it's the holiday gifting season.
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