MCM Staff

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L’Oréal Acquires IT Cosmetics for $1.2 Billion

| MCM Staff

L’Oréal announced the aquisition of beauty makeup brand IT Cosmetics for $1.2 billion. The acquisition is an effort to answer the rising demand of makeup and hybrid skincare. See how this will benefit both brands going forward.

Party City Announces New Leadership Appointments

| MCM Staff

Party City announced leadership appointments. The appointment of Daniel J. Sullivan as CFO to succeed Michael A. Correale. The announcement coincides with Correale’s decision to step down as its global CFO to focus on the newly created position of EVP Chief Accounting Officer and Treasurer effective August 29, 2016.

Radial

Radial Hires 3,200 Workers to Help Retailers for Holiday 2016

| MCM Staff

Radial announced it has hired 3,200 workers to help leading retailers this holiday season. Radial employees will be trained to represent brands and retailers of all sizes, and cultivate a base of loyal, happy customers. See what the training will include and how it will help retailers this holiday season.

Global Ecommerce Payment Market Will Grow 16% By 2020

| MCM Staff

Cross-border solutions are expected to take center stage over the next four years, and a report shows the global ecommerce payment market will grow at a compound annual growth rate of 16.42% by 2020, according to the latest edition of the PYMNTS.com X-Border Payments Optimization Tracker.

Nordstrom

Nordstrom Takes Minority Stake in Drop Shipping Firm Dsco

| MCM Staff

Nordstrom has invested an undisclosed sum in drop shipping firm Dsco, formerly Dropship Commerce, in order to grow its ecommerce business. See how this will enable Nordstrom to reduce its inventory levels and shift holding costs to its suppliers.

New Entrants Up the Ante in Global Ecommerce Logistics Market

| MCM Staff

The global ecommerce logistics space is extremely attractive currently and will witness the rise of many new companies, according to a new report from Transparency Market Research. According to TMR’s findings, companies are already upping the ante in anticipation of explosive growth of the ecommerce sector in India and China.