a.k.a Brands news and archive

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...

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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...

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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...

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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...

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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...

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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...

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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...

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a.k.a. Brands swings to full-year loss despite surging sales

Direct-to-consumer fashion platform a.k.a. Brands swung to a loss in 2021 despite a strong increase in sales. In the year to December 31, the company reported a 160 percent increase in net sales to 562.2 million dollars, while it made a net loss of 6 million dollars compared to a profit of 14.8 million dollars a year earlier. The company, which...

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a.k.a. Brands reports surging Q3 sales

a.k.a. Brands has reported a 155 percent surge in sales in the third quarter of the year, driven by a strong performance at its Princess Polly brand. In the three months to September 30, net sales at the San Francisco-based company jumped to 161.8 million dollars, up from 63.3 million dollars a year earlier. a.k.a. Brands, which debuted on the...

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a.k.a. Brands acquires LA-based men’s streetwear brand Mnml

Direct-to-consumer fashion platform a.k.a. Brands has snapped up all the equity interests of US men’s streetwear brand Mnml for 48.6 million dollars. The LA-based brand will be sold in the US and Australia through its own website, as well as Culture Kings, an Australian streetwear retailer bought by a.k.a. Brands for an undisclosed sum back in...

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a.k.a. Brands slashes IPO size ahead of New York float

Direct-to-consumer fashion platform a.k.a. Brands has slashed the size of its upcoming IPO. The youth-focused company, which last month revealed plans to float on the New York Stock Exchange under the ticker ‘AKA’, said Tuesday it plans to raise around 110 million dollars by selling 10 million shares of its common stock at a price of 11 dollars...

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a.k.a. Brands expects to raise up to 263.9 million dollars in New York IPO

Direct-to-consumer fashion platform a.k.a. Brands says it expects to raise 263.9 million dollars in its upcoming IPO. The company, which owns brands Princess Polly, Petal & Pup, Rebdolls, and Culture Kings, announced Monday it is offering 13.89 million shares of its common stock at a price of between 17 dollars and 19 dollars. It comes after the...