Value Score Surges Amid Price PullbackAccording to recent Benzinga Edge Stock Rankings, the company’s value score has surged to 89.66, placing it in the top 10% of stocks globally based on its relative worth.This jump to the 90th percentile comes as the stock faces a challenging start to the year, currently trading down approximately 9.09% year-to-date.The proprietary value metric is a percentile-ranked composite that evaluates a stock's price against fundamental measures like assets, earnings, and sales. P ...

报告基于对全球 21 个国家 2.2 万名消费者和 1970 名营销决策者的调研，深入剖析了 "围墙花园"（封闭数字生态平台）的使用现状、消费者行为趋势、营销 者面临的挑战与机遇，核心洞察如下： How Cons and Mark Walled Ga 《 2025 Global Insigl DW 在消费者行为方面，"围墙花园" 占据了用户每日 3.5 小时数字媒体休闲时间的主要份额。平台使用呈现明显的人口统计差异：YouTube 以 72% 的全球使用 率领跑，Facebook、Instagram 和 TikTok 紧随其后，18-24 岁年轻人偏好视觉化视频平台，而 45 岁以上群体更依赖 Facebook 和传统电视新闻。新闻消费渠道 分化显著，18-44 岁群体中超 40% 以社交媒体和视频平台为主要新闻来源，而 45 岁以上群体对电视新闻的依赖度达 59%。 社交影响力与电商融合趋势凸显，54% 的消费者受社交媒体影响者影响，31% 表示影响显著，23% 曾因影响者帖子下的正面评论购物，其中微影响者 （1000-10 万粉丝）互动率最高。社交电商快速增长，全球 30% 的消费者曾通过社交平台购物，亚 ...

Core Insights - The e-commerce market is experiencing growth despite macroeconomic challenges, with a 5.1% increase in e-commerce sales in Q3 2025 compared to Q3 2024, while total retail sales grew by 4.1% [2][3] - Consumers are increasingly blending online and offline shopping experiences, making it essential for retailers to operate through both channels to remain competitive [3] - The convenience of online shopping is a significant driver of e-commerce growth, particularly among Gen-Z consumers who are accustomed to high levels of digitization [5][6] Industry Overview - E-commerce accounted for approximately 16.4% of total U.S. retail sales, indicating a shift in consumer behavior towards integrated shopping experiences [3] - The Internet - Commerce industry is evolving with advancements in technology, including AI, which enhances user satisfaction and personalization [8][10] - The Zacks Internet - Commerce Industry holds a Zacks Industry Rank of 79, placing it in the top 33% of 243 Zacks industries, indicating positive near-term prospects [12][13] Current Trends - AI is becoming a major enabler of e-commerce, with Adobe estimating a 515-520% increase in AI-driven traffic to retail websites during the 2025 holiday season [11] - Social commerce is gaining traction, especially among Gen-Z consumers, with platforms like TikTok becoming popular for product searches [14] - Subscription models for repeat-use items are expanding, making it easier for consumers to order and for retailers to foster loyalty [14] Company Insights: Expedia Group, Inc. - Expedia is one of the largest online travel booking companies, with significant growth in both B2C and B2B segments, particularly a 26% increase in B2B gross bookings [19][20] - The company resumed its quarterly dividend this year, which is a positive signal for income-seeking investors [22] - Analysts have increased earnings estimates for Expedia, projecting a 24.6% earnings growth in 2025, with the stock up 51.9% year to date [23] Company Insights: Amazon, Inc. - Amazon is a leading online marketplace with a strong Prime loyalty program and a significant presence in the IaaS space through AWS [24][25] - The company has faced scrutiny due to unfair practices related to Prime memberships, resulting in a settlement requiring it to pay $2.5 billion [26] - Despite recent layoffs of 14,000 staff, analysts remain optimistic about Amazon's growth, projecting 11.9% revenue growth and 29.7% earnings growth for 2025 [27][28]

Core Insights - The e-commerce market is experiencing growth through innovation and technology, with Q3 2025 e-commerce sales increasing by 5.1% compared to Q3 2024, while total retail sales rose by 4.1% [1] - E-commerce now represents approximately 16.4% of total U.S. retail sales, with a trend towards blending online and offline shopping experiences [2] - Companies that can effectively operate in both online and offline channels are positioned to compete successfully in the future [2] Industry Trends - The convenience of online shopping is a primary driver of e-commerce growth, particularly among Gen-Z consumers who are accustomed to high levels of digitization [4] - Social media platforms are influencing shopping behaviors, with digital influencers playing a significant role in shaping consumer preferences [5] - AI is becoming a major enabler of e-commerce, with Adobe estimating a 515-520% increase in AI-driven traffic to retail websites during the 2025 holiday season [9] Company Insights - **Expedia Group, Inc. (EXPE)**: The company is experiencing growth in both B2C and B2B segments, with total gross bookings increasing by 12% and B2B bookings rising by 26% [23] [24] - Analysts are optimistic about Expedia, with earnings estimates for 2025 increasing by 6.8% and for 2026 by 9.2% [26] - **Amazon, Inc. (AMZN)**: Amazon maintains a dominant position in the online marketplace and is leveraging its Prime loyalty program to drive sales [28] - Despite recent challenges, including a settlement with the FTC and layoffs, analysts expect Amazon to achieve double-digit revenue and earnings growth in the coming years [30][32]

Core Insights - Pattern Group Inc. has acquired NextWave, enhancing its capabilities in TikTok commerce and creator-led product discovery [1][2][3] Group 1: Acquisition Details - The acquisition aims to accelerate Pattern's ability to assist brands in reaching new customers through the growing TikTok Shop and social commerce [2] - NextWave specializes in TikTok Shop operations, live selling, and has a network of over 1,200 managed creators and more than 300,000 affiliates on TikTok [2][4] Group 2: Strategic Implications - The combined expertise of Pattern and NextWave positions the company to become a leading force in social selling, leveraging creator-led content for product discovery and conversion [3][4] - The integration will unify creator-led demand generation with marketplace performance, providing comprehensive data and operational support across various platforms including TikTok Shop, Amazon, and Walmart [4] Group 3: Company Background - Pattern Group leverages proprietary technology and AI to optimize ecommerce growth for global brands, utilizing over 46 trillion data points [5] - The company supports hundreds of global brands across more than 60 marketplaces, including major platforms like Amazon and TikTok Shop [5]

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the US-based Internet and interactive entertainment industry, outlining 10 key themes for 2026 and identifying focus stocks for investment going forward [2][6]. Core Themes for 2026 1. **AI as a Transformative Technology**: AI is expected to significantly impact consumer computing habits, advertising landscapes, and cloud computing revenues. The rise of generative AI and its applications will be crucial [5][7]. 2. **Blurring Lines Between Advertising and Commerce**: The integration of social commerce and retail media is anticipated to create new growth opportunities [5][6]. 3. **Impact of AI on Advertising**: AI's influence on advertising strategies and monetization models will be a key focus area [5][6]. 4. **AI Investment Cycle**: The evolution of capital expenditures (capex) and free cash flow in relation to AI development will be critical for companies [5][6]. 5. **Competitive Dynamics in Local Commerce**: The rise of local commerce initiatives is expected to reshape competitive dynamics in the industry [5][6]. 6. **Future of Mobility Networks**: Developments in autonomous vehicles (AVs) and their adoption will be significant [5][6]. 7. **Evolution of Interactive Entertainment**: Changes in the interactive entertainment landscape will be closely monitored [5][6]. 8. **Transition to Spatial Computing**: A long-term shift from desktop and mobile computing to spatial computing and mixed reality is anticipated [5][6]. 9. **Health and Wellness Market Opportunity**: The growth potential in health and wellness sectors will be explored [5][6]. 10. **Balancing Growth and Investments**: Companies will need to manage growth investments while maintaining margins and capital returns [5][6]. Regulatory Environment - The global regulatory framework is highlighted as a potential factor affecting stock performance, although it is not articulated as a primary theme for 2026 due to a relatively stable regulatory environment observed in recent months [2][6]. Consumer Behavior Insights - The digital consumer remains stable and strong, particularly those valuing convenience in digital services. This stability has led to consistent digital advertising trends, especially in performance-based outcomes [8][9]. Investment Opportunities - **Mega Cap Stocks**: Amazon (AMZN) and Meta (META) are identified as having positive risk/reward profiles due to their alignment with AI themes and operational efficiencies [9][11]. - **Large Cap Stocks**: Dash (DASH), Uber (UBER), and Roblox (RBLX) are noted for their exposure to local commerce and interactive entertainment growth [14]. - **SMID Cap Stocks**: Companies like Peloton (PTON), Opra (OPRA), and Genius Brands (GENI) are highlighted for compelling risk/reward opportunities [14]. Market Sentiment and Valuation - Recent stock price resets have created attractive risk/reward opportunities for investors, despite concerns regarding AI investments and consumer health [8][9]. Conclusion - The report emphasizes the importance of AI and evolving consumer behaviors as central themes for investment strategies in 2026, while also identifying specific companies that are well-positioned to capitalize on these trends [2][5][9].

As filed with the Securities and Exchange Commission on November 24, 2025 Registration No. 333-__________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _______________________________ Social Commerce Partners Corporation (Exact name of registrant as specified in its charter) _______________________________ Stuart P. Johnson 5717 Legacy Drive, #250 Plano, TX 75024 (214) 763-2987 (Name, address, including zip code, and ...

Core Insights - Xcel Brands, Inc. announces a partnership between Longaberger and Shannon Doherty to launch a new home collection that emphasizes warmth, style, and functionality [2][3] Company Overview - Xcel Brands, Inc. is a media and consumer products company focused on influencer-driven brands through social commerce and livestreaming, with a portfolio that includes Halston, Judith Ripka, and Longaberger [6] - The company has generated over $5 billion in retail sales via livestreaming and interactive television, reaching over 43 million social media followers and broadcasting into 200 million households [6] Partnership Details - The collaboration between Longaberger and Shannon Doherty aims to blend American craftsmanship with a family-centered lifestyle, celebrating everyday living and creating a modern vision for the home [3][5] - Each product in the new collection will reflect Longaberger's handcrafted quality combined with Shannon's warmth and approachability, focusing on cozy entertaining and functional storage [5] Brand Background - Longaberger, founded in 1973, is known for its artisanal handcrafted products, particularly handmade maple baskets, and has a loyal customer base [7] - Shannon Doherty, founder of At Home with Shannon, shares home décor ideas and family routines, reaching millions through her lifestyle platform [8]

Core Insights - WeShop Holdings Limited has launched its social-commerce platform in the U.S., allowing users to earn ownership through shopping, marking a significant entry into the market ahead of the 2025 holiday season [1][5] Company Overview - WeShop is a pioneering social-commerce platform that merges shopping, sharing, and investing, rewarding users with equity through its ShareBack™ program [6] - The platform features partnerships with major retailers, including Bloomingdales, Walmart, and Nike, and offers access to over 1 billion products [2][11] Market Position - The U.S. launch follows a successful pilot in the UK, where WeShop generated over $140 million in sales, indicating strong consumer response to its community-driven model [3] - With the global e-commerce market projected to exceed $8 trillion by 2027 and social commerce expected to surpass $2 trillion by 2026, WeShop is positioned at the forefront of a major shift in consumer retail [5] User Engagement - Users can earn "WePoints" through purchases and referrals, which can be converted into equity in WeShop, effectively turning shoppers into shareholders [2][4] - The app integrates social discovery and transparent incentives, aiming to enhance user experience and community growth [4][12]

Financial Data and Key Metrics Changes - Net licensing revenues for Q3 2025 were $1.1 million, down from $1.5 million in Q3 2024, primarily due to cautious consumer spending and lower performance in the Halston license [12] - Year-to-date net licensing revenues were $3.8 million, compared to $6.5 million for the same period last year, largely due to the divestiture of the Lori Goldstein brand [12] - The company reported a net loss of approximately $7.9 million for Q3 2025, an improvement from a net loss of $9.2 million in Q3 2024 [17] - Adjusted EBITDA for Q3 2025 was approximately negative $650,000, representing a 38% year-over-year improvement from negative $1 million in Q3 2024 [18] Business Line Data and Key Metrics Changes - Direct operating costs for Q3 2025 were $2.2 million, down 23% from the prior year quarter, and year-to-date direct operating costs were $6.3 million, a decrease of 36% [12][13] - The company generated an adjusted EBITDA loss of $653,000 in Q3, which is a $400,000 improvement over Q3 2024 [10] Market Data and Key Metrics Changes - The company is experiencing a shift in its core business from linear TV to digital streaming and social commerce, with TikTok Shops surpassing eBay in quarterly volume [7] - The social media reach across the brand portfolio is now 46 million, with a target of reaching 100 million followers by 2026 [8] Company Strategy and Development Direction - The company is focusing on leveraging new business opportunities with UTG, including sourcing products for retail partners and potential acquisitions [6][7] - New influencer brands have diversified product categories into food, kitchen, home, and pet products, with a shift towards domestic production [8] - The company is cautious about Q4 2025 due to tariff impacts on QVC, HSN, and licensees [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential for transformative transactions and the ability to capitalize on changes in the market [7] - The company is working to resolve issues related to the Halston brand and expects growth in 2026 [10][11] - Management highlighted the importance of top-line royalty revenue and the potential for significant asset value in the company's IP [46] Other Important Information - The company closed a $2 million net equity offering in Q3 2025, with part of the proceeds used to pay down loans [6] - As of September 30, 2025, the company had stockholders' equity of approximately $17 million and unrestricted cash of approximately $1.5 million [20] Q&A Session Summary Question: Importance of hiring Olin Lancaster as Chief Revenue Officer - Management emphasized the significance of the hire, noting Lancaster's extensive experience and the potential for growth with new influencer brands [22] Question: Mitigating tariff impacts with domestic products - Management discussed the strategic focus on domestic sourcing for food and pet products to reduce tariff risks [23][24] Question: Resolution of disruptions with SeaWonder and Christie - Management confirmed that the issues have been resolved, including vendor changes and programming challenges [28] Question: Updates on product roadmap and brand rollouts - Management indicated that new products will start hitting the market in Q1 2026, with a focus on food products and pet accessories [31] Question: Revenue ramp expectations for the next 12 months - Management outlined a roadmap for launching five new influencer-led brands to drive revenue growth into 2026 [39][40] Question: Potential revenue outlook for 2026 - Management refrained from providing specific guidance but referenced analyst reports for potential revenue expectations [45] Question: Long-term revenue targets - Management reiterated the potential for significant royalty income from new brands, emphasizing the global opportunities with influencers [49]