Online resale may not be the most profitable sector, but it is attracting shoppers. Last year, the total value of merchandise sold on resale platforms in …
Tag
Showing: 1 - 11 of 11 RESULTS
Profitability
The RealReal Reaches EBITDA Profitability
The RealReal, the most prominent online luxury resale platform in the US, has accomplished EBITDA (earnings before interest, tax, depreciation and amortisation) profitability in the …
The RealReal Shares Skyrocket After Profitability Update
The luxury resale platform’s stock soared 30 percent Wednesday, after exceeding Wall Street estimates for revenue and profit in its third-quarter earnings. Analysts point to …
Klarna Returns to Profitability As More Shoppers Borrow
Klarna Bank AB reported its first quarterly operating profit in four years as it attracted more consumers to buy-now-pay-later loans, giving the firm a boost …
ThredUp and The RealReal Inch Closer to Profitability
Despite making progress on their respective profitability goals, investors for both online resale sites were hardly impressed Tuesday afternoon when the companies reported first-quarter earnings. …
Which Start-Up Will Win the Race to Profitability?
For many direct-to-consumer brands, e-commerce marketplaces and resale platforms, the path to profitability is less of a marathon and more of an Indiana Jones-style sprint …
Victoria Beckham Sales Rise, But Profitability Remains Elusive
Is Victoria Beckham’s brand turnaround finally starting to take shape? More accessible price points, a knit basics line and high-margin beauty unit are helping to …
Lululemon Tumbles After Lowering Profitability Forecast
Lululemon Athletica Inc. shares tumbled after the maker of fitness wear lowered its guidance for gross margin, stoking fears about profitability for a second-straight quarter. …
Gap Is Cutting 500 Corporate Jobs During Profitability Crunch
Gap Inc. is cutting 500 corporate jobs as it contends with growing costs and weaker sales figures. The roles being eliminated are primarily at Gap’s offices in …
Rent the Runway’s Long Road Ahead to Profitability
Rent the Runway has had a deeper hole to climb out of than most fashion companies during the pandemic. Demand for event wear and office …
Valentino Returns to Profitability, Sales Grow Above 2019
Valentino reported that 2021′s sales and profits grew ahead of pre-pandemic levels as the Roman couture house bounced back from a bruising 2020. Revenues jumped …