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Slyce-powered SnipSnap just launched shopping concierge Scout


SnipSnap, the first mobile coupon app powered by Slyce, just launched their newest shopping concierge, Scout. Scout debuted early last week as an exclusive savings feature that will integrate into the SnipSnap app, the Philadelphia based company founded by Tedd Mann at the DreamIt Ventures accelerator program. The new shopping assistant will highlight current, elite deals and offer redemption in …

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Why Poshmark just launched new retail wholesale portal


Online fashion consignment shop, Poshmark has just revealed an interesting new retail development. Poshmark has just launched a private wholesale gateway linking designer brands to sellers who take on the role of ‘pseudo-influencers’ — sharing their content through social platforms and reaching mass audiences. Poshmark focuses on allowing fashion savvy women to publicly share their closets and according to Poshmark …

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Profits up for Fast Retailing Group, ready to push global growth


The Fast Retailing Group reported recently the company’s annual consolidated revenue has increased 21.6 percent from September 1, 2014 to August 31, 2015. Similarly, the company’s consolidated profit before taxes improved by 48 percent annually. These improvements in profits within the company are aiding them in their goal for international expansion and becoming “the world’s number one apparel manufacturer and …

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American Apparel just filed for bankruptcy


American Apparel has just announced its plans to file for Chapter 11 bankruptcy, according to a WWD report. Around $90 million in debtor-in-possession financing will be provided with $70 million contributed to American Apparel’s restructure. The bankruptcy is expected to reduce the company’s debt from $300 million to close $135 million and cut down annual interest by about $20 million. …

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