As traditional cash and credit cards go out of style, phone-makers have been jockeying to take their place. But stepping in to fill their shoes is no easy feat. That struggle snapped into greater focus this week.
On the heels of Google Pay’s debut, Loup Ventures revealed Thursday that top competitor Apple Pay only gained traction with 16 percent of the iPhone user base. The surprising revelation came amid otherwise positive signs showing notable growth. Apple Pay weighed in with year-over-year increases — with active users for Apple Pay more than doubling, transactions more than tripling and online adoption by merchants expanding by roughly 50 percent. Still, by Loup’s calculus, a whopping 84 percent of Apple’s user base bypassed its primary payments solution.
“I’m looking forward to jumping into the creative process and exploring fashion through a different lens,” said actor Michael B. Jordan exclusively to WWD about becoming the first face of @coach ‘s men’s business. Not only will the actor appear in its global ad campaigns, but he will also create a capsule with designer Stuart Vevers. Tap the link in our bio to learn more. #wwdfashion
“The name of the show is GP — giant pockets,” said Karl Lagerfeld pre-show, in his backstage meeting room at @Fendi to Bridget Foley. @Bellahadid was one of the many famous faces who graced the catwalk including @Gigihadid, @Adwoaaboah, and yes, even @Kendalljenner. #wwdfashion
Photographed by Kuba Dabrowski/WWD
“We are obsessed with Fendi and we want to share this obsession,” said CEO Serge Brunschwig to WWD. @Fendi will be releasing a new capsule collection Oct. 16 centered around the Fendi/Fila logo created by Instagram artist @Hey_reilly. Further proving the logo trend isn’t going anywhere. Link in our bio for more details. #wwdfashion