Princess Polly news and archive

19.5 percent growth in the US drives a.k.a. Brands Q3 results

Net sales at a.k.a. Brands increased 6.4 percent to 149.9 million dollars in the third quarter and were up 5.2 percent on a constant currency basis. In the US, net sales increased 19.5 percent. Net loss for the quarter reduced to 5.4 million dollars or 51 cents per share, while adjusted EBITDA rose to 8.2 million dollars. “I’m proud that we...

Retail

Princess Polly confirms debut store in New York City

Australian fashion brand Princess Polly has announced it is expanding to the East Coast of the US with its debut brick-and-mortar location in Manhattan, New York City. The Gen Z-loved brand, owned by a.k.a. Brands Holding Corp., has secured an 8,000-square-foot location at 514 Broadway in New York City’s SoHo neighbourhood, which will open in...

Retail

Princess Polly to open five new US stores amid expansion

Australian brand Princess Polly is planning to continue expanding its presence in the US with the opening of five news stores in the latter half of the current year. The a.k.a. Brands-owned retailer has said it is looking to open additional stores on the West Coast in Scottsdale, Arizona; Santa Clara, California; San Diego, California; and...

Business

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...

Fashion

Princess Polly partners with True Fit for size and fit recommendations

Australian-born fashion brand Princess Polly is teaming up with AI platform True Fit, which decodes size and fit for consumers and fashion retailers, to offer AI-powered size and fit recommendations to shoppers across its collections. Princess Polly offers on-trend fashion for shoppers in the UK, the US, and its home country of Australia, and...

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...

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...

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...

Retail

Princess Polly enters wholesale for first time via Pacsun

Australian retailer Princess Polly is set to enter the wholesale market for the first time via a new partnership with Gen Z multi-brand chain Pacsun. The e-commerce brand initially only offered physical footprints at pop-up locations, with this new agreement marking the first time it will be available through an omnichannel retailer, both...

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...

BusinessFeatured

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...