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Luxury retail platform Farfetch has acquired resale platform Luxclusif for an undisclosed sum, Farfetch announced Thursday Dec. 9 .The deal gives Farfetch control of Luxclusifs technology
stanley cup romania platform, and all Luxclusif employees will join Farfetch, giving the parent company a stronger foothold in the resale market through automated pricing and faster expansion of the Farfetch Second Life resale service.Luxclusif and Farfetch have worked together through Farfetchs startup accelerator program and Farfetch Second Life, where Luxclusif authenticated, priced and sold pre-owned handbags in Europe in exchange for Farfetch credit. The pre-owned market is growing extremely fast and is increasingly important to both luxury customers and to the luxury fashion industry as a whole, Giorgio Belloli, chief commercial and sustainability Officer at
stanley cup Farfetch, said in the announcement. Luxclusif will help us accelerate our capabilities and reach in this area, he said. Having supported Luxclusif as a startup, bringing them into the Farfetch family marks an exciting culmination in our work to support and develop some of the worlds most exciting fashion and retail tech start-ups. Luxclusif will take over operation of Farfetch Second Life and continue to sell the pre-ow
stanley ca ned products they acquire as well as making white-label pre-owned sales for Farfetch Platform Solutions partners. Farfetch is the ideal home for Luxclusif as we seek to scale even further, said Rui Rapazote, co-founder and CEO, Lux Eoom Buy Now, Pay Later Combats COVID-19 With Payment Options
UATP and Uplift have announced they are teaming up to provide installment payments for travelers so customers can book their dream vacations and pay for them over time. The partnership will enable travel vendors to deploy installment payments while transacting across the UATP network.Flexible payments are a proven way to increase conversion and drive new reven
stanley cup ue. Together, we wanted to make flexible payments simple and easy to implement, said Brian Barth, Uplift CEO and founder, in a press release. Uplift and UATP are collaborating to enable a seamless and transparent implementation of Uplift Pay Monthly on the UATP Network 鈥?delivering instant ROI.As a global payments solution,聽UATP is owned and operated by the world airlines, and accepted by thousands of merchants for air, rail and travel agency payments. Some of the airlines that utilize UATP include American, Delta, Aerom茅xico, Air Canada, United, JetBlue, Qantas and Southwest, just
stanley termohrnek to name a few.Through the UATP Network, Uplift will allow these airlines and travel companies to leverage payments as a marketing tool that can increase both conversion and ancillary revenues. Airlines can offer travelers the ability to
stanley shop buy now and pay over time 鈥?with low, fixed monthly payments, a clear total cost, a one-day advance purchase and no hidden fees.Through this partnership with Uplift, UATP Network airlines will be able to access high-value audiences and grow sales revenue, 8221
