Fashion Start-Ups Report Results
Newly public Warby Parker, as well as Poshmark, ThredUp and The RealReal report quarterly results this week
Online sales show signs of plateauing after surging during the pandemic
Shopify and Amazon recently reported disappointing results
For much of the last 18 months, e-commerce platforms and brands have had the wind at their backs. First, the lockdowns drove a boom in online shopping. Then, the lifting of lockdowns sparked a spending spree at retailers online and off. But that phase may be coming to an end, at least for online shopping platforms. Amazon and Shopify reported disappointing sales for their most recent quarters. The news hasn’t been all bad for e-tailers: Revolve’s sales surprised on the upside, and mostly online brands like Warby Parker and Allbirds saw huge appetite for their shares in recent IPOs.
What’s this all mean for the brands reporting results this