Remove tag luxury properties
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Are Online Resale Sites Rife With Counterfeits?

PYMNTS

Counterfeiting is stereotypically the domain of luxury goods, where fraudsters dupe unsuspecting shoppers into buying fake handbags, accessories or beauty products. According to the 2018 Global Brand Counterfeiting Report , luxury fashion brands are a favored target. The growing scourge isn’t just limited to Instagram or luxury goods.

Sales 40
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Fitbit Acquires European Smartwatch Maker Vector Watch Software

PYMNTS

Fitbit, the leading wearable fitness tracker device maker, acquired expertise and software from European smartwatch maker Vector Watch, but the deal did not include Vector’s line of luxury devices. Terms of the deal were not disclosed, but media reports pegged the price tag at anywhere from $35 million to $40 million.

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AI And A Consumer’s Curated Path To Purchase

PYMNTS

When we look at the marketplaces in the travel and vacation vertical that we serve, between all the choices customers have with all of the name-brand hotels, luxury properties and then independent rentals, the choices quickly become too many,” said Saraf.

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

RITHOLTZ: That’s so different of an approach than we typically hear, which is we want to buy a company for the assets, the revenue stream, maybe some technology or intellectual property, and we’re going to just mash you into our culture, whether you like it or not. So she wants her portfolio managed that way. JOHNSON: Right.

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Transcript: Savita Subramanian

Barry Ritholtz

Unfortunately, nobody has the luxury of picking stocks for a 10 year period anymore, except for in, you know, our personal accounts. Some people, Michael MOBAs one, have made the argument that intangibles intellectual property, patents, algorithms, et cetera, are are deserving of a higher multiple.

Finance 57