a.k.a Brands news and archive

A.k.a. Brands narrows Q2 loss, adjusted EBITDA up 44 percent

Net sales at A.k.a. Brands increased 9.5 percent or 10.1 percent constant currency basis to 148.9 million dollars in the second quarter. In the US, net sales increased 19.3 percent. Net loss for the quarter narrowed to 2.3 million dollars or 22 cents per share, while adjusted EBITDA increased to 8 million dollars. “Our second quarter results...

Business

A.k.a. Brands FY23 losses narrow but sales fall

A.k.a. Brands, the parent company of labels like Princess Polly, Culture Kings and Petal & Pup, has issued its financial results for the fiscal year ending December 31, 2023, as well as for the fourth quarter of the period. For the year as a whole, the group saw sales drop by 10.7 percent to 546.3 million dollars, compared to 611.7 million...

Business

a.k.a. Brands continues to witness positive growth in the US

US-based fashion group a.k.a. Brands reported a third quarter net sales decrease of 9.6 percent or 8 percent drop in constant currency to 140.8 million dollars. In the U.S., net sales increased 2 percent compared to the third quarter of 2022 and grew 9.7 percent on a two-year stack. For the full year, the company now expects net sales between...

Retail

Princess Polly opens first US store in Los Angeles

Australian-born online fashion brand Princess Polly, part of A.k.a. Brands, has opened its first US store at Westfield Century City in Los Angeles, California. The 3,370-square-foot store marks a major milestone in the brand’s global retail expansion and features more than 200 Princess Polly styles. The store’s concept has been designed to offer...

Business

a.k.a. Brands posts 14 percent drop in Q2 sales, revises FY outlook

US fashion group a.k.a. Brands has reported a 14.2 percent drop in sales in the second quarter. The San Francisco-based company, whose portfolio includes Petal & Pup, Rebdolls, Culture Kings, and Mnml, made sales of 136 million dollars in the three months to June 30, down from 158.5 million dollars the prior year. It said the decline in revenue...

Business

a.k.a. Brands swings to Q1 loss, but ups FY outlook

San Francisco-based fashion group a.k.a. Brands upped its full-year outlook Wednesday despite swinging to a Q1 loss and reporting a 18.8 percent drop in sales. The company, whose portfolio includes Princess Polly, Mnml, Petal & Pup, Rebdolls, and Culture Kings, made net sales of 120.5 million dollars in the three months to March 31, down from...

BusinessFeatured

a.k.a. Brands expects Q1 sales ahead of expectations

US fashion group a.k.a. Brands said it expects first quarter sales to beat its previously announced guidance, and its net loss to be inline with expectations. The San Francisco-based group, whose portfolio includes Princess Polly, Mnml, Petal & Pup, Rebdolls, and Culture Kings, said it now forecasts Q1 sales of around 120 million dollars, up...

BusinessFeatured

a.k.a. Brands reports Q4 loss as sales fall

San Francisco-based fashion group a.k.a. Brands swung to a loss in the fourth quarter as its sales dropped 18.3 percent. The group, whose portfolio includes Princess Polly, Mnml, Petal & Pup, Rebdolls, and Culture Kings, made net sales of 149.1 million dollars in the three months to December 31, down from 182.4 million dollars in the same period...

Business

a.k.a. Brands Q3 sales drop, but losses narrow

US fashion group a.k.a. Brands has reported a drop in sales in the first quarter of the year, but managed to reduce its losses. In the three months to September 30, net sales fell 3.7 percent to 155.8 million dollars, and was flat on a constant currency basis. The San Francisco-based company said sales were impacted by a decrease in the average...

Business

a.k.a. Brands swings to Q2 net loss as sales miss target

a.k.a. Brands has swung to a net loss in the second quarter of the year as its sales missed expectations, its unaudited results for the quarter ended June 30 show. The company, whose portfolio includes Princess Polly, Petal & Pup, Rebdolls, and Culture Kings, said it expects a net loss of 4.21 million dollars in the second quarter, compared to a...

Business

a.k.a Brands appoints Jonathan Yuska as president of Culture Kings US

Jonathan Yuska has been announced as the new president of Culture Kings US, as revealed by brand accelerator group and the company’s owner, a.k.a Brands. Yuska will report directly to the CEO and co-founder of the Australian streetwear label, Simon Beard, and will be tasked with leading the brand’s continued expansion throughout the US. To the...

Business

a.k.a. Brands Q1 sales driven by US market

Direct-to-consumer fashion platform a.k.a. Brands saw its net sales more than double in the first quarter of the year. In the three months to March 31, it made net sales of 148.3 million dollars, representing a year-over-year increase of 115.6 percent, or 23.6 percent pro-forma adjusting for the acquisition of Australian streetwear retailer...